FinTech Times: Financial Inclusion Is Nothing Without Security: Finding a Better Balance for Prepaid Cards
Prepaid cards have grown in popularity due to their helpful budgeting nature and the lack of a credit check when applying for one. They create a pay-as-you-go cashless alternative for those wanting to use a secure method of paying for products without the fear of running up debt on their credit and debit cards. However, not all members of society are confident using these new payment methods.
