Prepaid Expo USA: Register by Dec 3rd and save up to $600!

This year we have more Prepaid Professionals joining us then ever before – including more retailers than any other Prepaid conference-- attended in 2010, and we are on pace to beat all previous attendance records when Prepaid Expo returns to Orlando. That means more of your business partners, clients , prospects and colleagues are looking to get a leg up on the hot Prepaid industry.

If you haven't yet already make sure to check out our agenda featuring sessions designed to help you achieve profitability and more customers, as well as all new Program Benefits including: Social Media Workshop that gives you a tutorial on integrating Facebook, Twitter and eGifting into your Prepaid program; a Closed-Loop Gift Card Mixer to help our gift card program managers meet each other; Test Drive an Expert private strategy meetings with leading consultants across the industry; and an exciting new Industry Night destination!

Register today and reserve your place amongst the leaders in Prepaid.

Prepaid Expo USA Homepage

View the Brochure

Register by Dec 3rd and save up to $600! Mention priority code XU2448BLOG1

p.s. There are only 3 booths left in the Expo Hall. Raise your company profile by calling our Exhibition and Sponsorship team today!

Sponsorships:
Andrew Borowiec, +1-646-895-7468, aborowiec@iirusa.com

Exhibiting:
Jay Williams +1-646-616-7627, jwilliams@iirusa.com

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Mercator's Latest Research Shows Growth in Open Loop Prepaid Card Market

This post from PR-Inside highlights how Mercator's 6th Annual Network Branded Prepaid Market Assessment shows that prepaid has been growing during the economic downturn and will continue to grow after as well.

Tim Sloane, Vice President of Client Services and Director of Mercator Advisory Group's Prepaid Advisory Service mentions:

"Mercator Advisory Group believes the prepaid industry will continue to show growth in 2009. However, being in the right channel with the right product is becoming critical to the growth of prepaid products and represents a significant volume opportunity for issuers. It is clear to Mercator that no other payments market is riding out the current economic downturn as effectively as prepaid and I can't think on any better payments market to be in during a recession."

Make sure to check out the post for some highlights of the full report.

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Macy's prepaid card offers alternative

ReadyCREDIT has teamed up with Macy's to provide a prepaid solution to their shoppers with poor credit. At some of their stores, they have kiosks that dispense prepaid MasterCard ReadyCards, that offer all of the perks as the Macy's credit card. They have been available since 2005. They are open-loop, so they can be used anywhere MasterCard is accepted. These kiosks are now being tested at Best Buy. Read the full story here.

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New ruling by Federal Deposit Insurance Corp opens new questions

The American Banker has commentary on the new ruling that affects the funds in open-loop prepaid card accounts.

John L. Douglas, a partner in the Atlanta law firm Paul, Hastings, Janofsky & Walker LLP had this to say about the new ruling:

"It is one thing to say there is a deposit and there is insurance. That in and of itself is not all that big of a deal. The other issue that banks and program managers need to start worrying about really is: If you are going to create an insured-deposit relationship with a customer, what other regulatory requirements do you need to be worrying about as well? I don't know the answer."

Read more here.

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