Tuesday, April 20, 2010

What about the remaining balance on prepaid cards?

An article in the Silicon Valley Mercury News looks at what happens to the remaining balance on prepaid cards. According to the article, laws state that if a balance left on a card is less than $10, then the card holder can request cash. Do you think this is more beneficial to the card holder or the company? If a card holder knows that they can receive cash on remaining balances, will this encourage them to make more re-purchases on those prepaid cards?

Read the full article here.

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