Newsletter
From Coins to Big Bucks: The Evolution of General-Purpose Reloadable Prepaid Cards
Abstract: Prepaid cards were invented to solve a problem: replacing coin usage in pay telephones. Since then, prepaid cards have evolved into a huge competitive market for general-purpose reloadable (GPR) prepaid cards. Read more about GPR prepaid cards in the inaugural edition of Page One Economics Focus on Finance.
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https://fraser.stlouisfed.org/title/page-one-economics-5939/classroom-newsletter-coins-big-bucks-evolution-general-purpose-reloadable-prepaid-cards-579249
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Provider: Federal Reserve Bank of St. Louis
Part of Series: Page One Economics Newsletter
Publication Date: 2015-04
Pages: 1-1