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Prepaid Debit Card News

• ePassporte Cards: Prepaid Debit Card Issues September 3, 2010
  One popular usage scenario for prepaid debit cards is as a mechanism to transfer payments or fees to independent contractors, including independent contractors overseas. One of the biggest card programs in this category is ePassporte. ePassporte users got a big shock this week when they found that Visa International suspended the Visa program of ePassporte […]
• Tax Refund Cards: US Treasury Gets Involved September 3, 2010
  Tax refund cards were very popular during the 2010 tax season. Companies such as H&R Block, Green Dot (NYSE: GDOT) and others enjoyed a substantial lift in prepaid cards issued during the tax refund period, as underbanked taxpayers used prepaid debit cards to receive direct deposit of their tax refunds. This week, the U.S. Treasury announced a pilot prog […]
• Disgruntled Gambler Sues NetSpend, Claims UIGEA Violation August 27, 2010
  An Internet gambler from Massachusetts recently sued NetSpend Corporation in Federal District Court seeking to recover $8k he lost gambling plus an extra $16k in damages for the emotional distress he allegedly suffered. The claim? That NetSpend "violated the 2007 gambling enforcement act of 2007 [sic] by putting through gambling transactions totaling $1 […]
• 15 Must Read Prepaid Debit Card Research Reports August 17, 2010
  Thanks to the recent IPO of Green Dot Corp. (NYSE: GDOT) and the tightening of consumer credit, public awareness of prepaid card products has grown. Investors, researchers, and journalists frequently ask GetDebit.com for information about the market. Here are our fifteen favorite research reports to learn more about the prepaid debit card industry. 15 Must R […]
• Green Dot Earnings Call: A Prepaid Card Tutorial August 13, 2010
  On August 12, 2010, Green Dot Corporation (NYSE:GDOT) had its first earnings conference call. The conference call, of course, included lots of discussion about Green Dot's second quarter 2010 earnings and outlook. The call also included some excellent information about the prepaid debit card industry. Analysts, investors and others who are interested in […]