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What Are the Top 3 Reasons Why Consumers Choose Not to Have a Bank Account?

By PaymentsJournal
December 19, 2018
in Banking, Debit, Emerging Payments, Truth In Data
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Don’t miss another episode of Truth In Data! Click on the red bell in the lower left corner of your screen to receive notifications as soon as the episode publishes.

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.

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Tags: BankingConsumer Behavior

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