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Debit Card News

• Visa CEO: Prepaid is a $3 Trillion Market
  Visa, Inc. (NYSE:V) announced their third quarter earnings yesterday, once again beating Wall Street estimates. Visa reported an Earning Per Share of $0.97 and revenue of $2.03 billion during its fiscal third quarter which ended June 30, 2010. While Visa does not break out the prepaid debit category in its financial results (although it has previously been […]
• Using Prepaid Cards to Minimize Risk of Shopping Online
  Have you ever had to cancel your credit card or debit card because it was lost or stolen, or because you received a message from your bank about a transaction you didn't make? How much time and effort did it take for you to deal with the issue? Sure, the payment card associations and banks provide their "Zero Liability" promises, but that do […]
• Green Dot Hits the Mark
  The Green Dot Corp. share offering is off to a strong start. The Monrovia, CA provider of prepaid debit cards and prepaid debit card reloading services offered 4,558,050 shares of its Class A common stock to the public today under the symbol NYSE:GDOT. As of midday, the issue is trading well above its offering price of $36.00 per share.Green Dot Hits the M […]
• Prepaid Card Association: How Consumers Actually Use Prepaid Cards
  The Network Branded Prepaid Card Association (NBPCA) today released a paper titled "Consumers and General Purpose Reloadable Cards: Who Uses Them, Why and the Unique Value They Provide". The paper describes a number of usage scenarios intended to show how users of network branded prepaid cards actually use these cards to manage their finances and […]
• Green Dot IPO: What a Difference a Week Makes
  Apparently, the Green Dot Corporation sees signs that their IPO (scheduled for this Thursday, July 22, 2010) will have significant demand. They have increased the number of shares they will float in the IPO by approximately 8%. The bump should raise an extra $11 Million for the prepaid debit card company.Green Dot IPO: What a Difference a Week Makes is a p […]