|CFPB - New Super Agency!|
Pre-paid cards offer many new opportunities for credit unions to help members better manage their spending and payment transactions, without the penalty risks of NSF fees nor overdraft charges. Pre-paid cards actually look like a product which can put consumers more fully in control of their finances, with better accountability and responsibility for their actions - a result which should be pleasing to one and all!
Pre-paid cards may also be the perfect answer for bringing "the unbanked" back into the traditional financial services system, at a much lower cost to the consumer and as a new growth opportunity for credit unions.
|Some very sly foxes!|