General purpose reloadable cards (GPR cards) are a type of plastic, prepaid, debit-like card containing a set amount of money and are becoming more popular in the "unbanked" community. Being ...
Breaktime, a nonprofit in Boston that provides homeless teens with jobs, housing and temporary financial support, had a problem: Homeless people couldn't get much value from the paper checks it gave ...
Debit cards make it easy to make purchases, shop online, and pull cash out of an ATM. But to use one, you need a checking account—and not everyone has one. If you’re a part of the “unbanked” community ...
What are prepaid debit cards? A prepaid debit card is a card that has a specific amount of money pre-loaded onto it. You can then use the card to make purchases as you would with a debit card attached ...
Gift cards are the clear winner for a straightforward gift of cash. Prepaid debit cards are more like bank accounts. Many, or all, of the products featured on this page are from our advertising ...
If you’re a Target shopper, you’ve likely heard about the benefits of getting the RedCard — but now, there’s a brand-new version that is even easier to sign up for. The new Target RedCard Reloadable ...
The general-purpose reloadable prepaid card market is expanding fast as audiences as diverse as the underbanked population and frequent business travelers adopt the products for their convenience and ...
Reloadable general-purpose prepaid cards, once thought to be largely exempt from the debit card interchange restrictions of the Durbin Amendment, will be covered by that law in more cases now that the ...
Kevin has been writing and creating personal finance and travel content for over six years. He is the founder of the award-winning blog, Family Money Adventure, and host of the Family Money Adventure ...
New York City is starting a pilot program that would give 500 migrants up to $1,000 loaded onto prepaid, reloadable debit cards. If officials consider the program successful and build it out fully, it ...
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