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From Coins to Big Bucks: The Evolution of General-Purpose Reloadable Prepaid Cards

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  • Jeannette N. Bennett

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.

Suggested Citation

  • Jeannette N. Bennett, 2015. "From Coins to Big Bucks: The Evolution of General-Purpose Reloadable Prepaid Cards," Page One Economics Newsletter, Federal Reserve Bank of St. Louis, pages 1-1, April.
    • Handle: RePEc:fip:fedlpo:00008
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    File URL: http://research.stlouisfed.org/pageone-economics/uploads/newsletter/2015/Class_Room/PageOneFFCE201504.pdf
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    File URL: https://research.stlouisfed.org/publications/page1-econ/
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    File URL: http://research.stlouisfed.org/pageone-economics/uploads/newsletter/2015/PageOneFF201504.pdf
    File Function: Newsletter edition
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    Cited by:

    1. Hiroaki Kuwahara & Kazuaki Hara, 2022. "Prepaid Cards: A Case Study of Japan, the United States and the European Union," IADI Fintech Briefs 10, International Association of Deposit Insurers.

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