NBPCA Publishes Leading Practices for General Purpose Reloadable Prepaid Card Consumer Disclosures

The NBPCA recommends clear and conspicuous disclosures without dictating specific disclosure practices. The NBPCA believes in the industry practice of “layering” disclosure in multiple locations, which recognizes consumers’ needs for specific information at certain times and easy accessibility of that information in a timely manner.

The Leading Practices will support and encourage this communication, and help ensure that consumers understand all relevant terms before they acquire new prepaid cards.

To view the NBPCA Press Release:

NBPCA-GPR-Disclosures-Press-Release

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