March 23, 2010
Source: The NBPCA
NBPCA Issues a Statement in Support of New Rules Issued by the Federal Reserve under the CARD Act
Each day prepaid cards are used by millions of consumers, businesses and governments as a preferred payment method to reduce fraud and safely and conveniently access funds. Numerous studies indicate prepaid card users are overwhelmingly happy with the products and find their fee structures to be clear, transparent and fair. The NBPCA and its members support many of the new regulations issued on expiration dates, disclosures and fees. In fact, many companies have already implemented many of the new rules.
To view the NBPCA Press Release:
NBPCA-Press-Release-Fed-Card-Rules
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