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Data for this episode of Truth In Data was provided by Mercator Advisory Group’s report – The Blurred Lines Between Debit and Prepaid Cards
About this report
General purpose reloadable (GPR) prepaid cards and entry-level checking accounts have both evolved to a point where product features and functionality of the two are nearly indistinguishable between the two. A new research report from Mercator Advisory Group titled, The Blurred Lines Between Debit and Prepaid Cards considers the differences between the two products and why providers and users might favor one over the other.
Mercator Advisory Group talks about the top 3 reasons why people choose not to have a bank account.
