Prepaid cards of all of the stripesвЂ”government, payroll, and general-purpose reloadable cardsвЂ”have evolved to generally meet customersвЂ™ needs with reduced expenses and greater convenience than cash and paper that is traditional. But economy methods claim that, in a few circumstances, prepaid cards have actually quite a distance to go before these are typically truly affordable and effective bank-account substitutes. The following actions are valuable first actions to enhancing prepaid cards for unbanked customers.
Revise and enforce minimum requirements for all federal federal federal government cards making use of the Direct Express Card being a model
Federal federal federal Government cards ought to be held to an increased standard to ensure benefits that are taxpayer-funded visit recipients.