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Prepaid Cards; A versatile product with mass appeal

Learn about use cases for both consumers and prepaid program managers, and the opportunities present to leverage prepaid cards.

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Prepaid card programs offer seemingly unlimited use cases and appeal to consumers who represent practically every age group, income status and education. As a result, prepaid cards enjoy broad acceptance, which is powering continued growth in a range of prepaid card programs. The most popular prepaid card benefits include flexibility that allows cards to replace traditional checking accounts, as a gift card for convenience and control, to enable BNPL transactions and as a way to pay employees or contract workers as quickly as possible.

The information provided herein is sponsored by Discover® Global Network. It is intended for informational purposes, and is not intended as a substitute for professional advice