CFPB Proposed Rules on Prepaid Products

November 13, 2014

We applaud the CFPB for releasing these long awaited proposed rules for prepaid products. Prepaid debit cards are an important tool for un-banked and under-banked consumers, providing them with a secure, affordable, and convenient option to make payments and receive deposits. To read the ETA’s full statement please click here and to see the CFPB’s proposed prepaid products rule, please click here.