Prepaid – just another payment type?
I have been attending a conference on Prepaid this week, one of the largest of its kind with over 300 delegates all focused upon this burgeoning market. The fact so many are attending says something, and most of these attendees appear to be from organisations other than banks. Transit authorities, mobile telephones operators, governments, utilities, retailers ... oh yes, and MasterCard, Visa and AMEX.
Initially, I thought: what's the big deal about prepaid? It's just another payment type, like credit and debit isn't it?
Well, maybe not.
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