Prepaid cards are seeing a steady growth in use, primarily because they offer no APR or fancy rewards programs. The cards are cash and that's the best thing to use in a tight economy. According to ecommerce-journal.com, prepaid and debit cards may be viewed as ways to avoid interest charges, and private-label cards frequently have loyalty or rewards programs that give users cash or products back. The article outlines the steady decline of credit cards. Check it out and share your thoughts with us on how this will impact the business of prepaid.
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