Discussion Paper
The Credit CARD act of 2009 and prepaid cards
Abstract: Recently enacted federal legislation contains a number of provisions that will affect the prepaid card industry. This note highlights some of these provisions, discusses how they might shape the prepaid card industry, and outlines the debate over whether prepaid cards should be defined as \"monetary instruments\" under federal law.
Keywords: Payment systems; Credit cards; Debit cards; Law and legislation;
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File(s): File format is application/pdf https://web.archive.org/web/20100621031215/http://www.philadelphiafed.org/payment-cards-center/publications/pcc-note/2009/pcc-note_credit-card-act-2009.pdf
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Bibliographic Information
Provider: Federal Reserve Bank of Philadelphia
Part of Series: Consumer Finance Institute discussion papers
Publication Date: 2009
Number: 09-03