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.
File(s): File format is application/pdf http://www.philadelphiafed.org/payment-cards-center/publications/pcc-note/2009/pcc-note_credit-card-act-2009.pdf
Provider: Federal Reserve Bank of Philadelphia
Part of Series: Consumer Finance Institute discussion papers
Publication Date: 2009