Money Buzz 05/04
Prepaid credit cards, fully-insured CDs and more
Fantastic Plastic
From AAA to Starbucks, businesses are jumping on the prepaid plastic bandwagon. Whether it's giving prepaid debit (aka stored value) cards to employees to cover travel expenses or selling them to customers for use at the register, disposable plastic is fast becoming a credit solution for business owners.
About 50 million U.S. adults don't have a credit card, and nearly 10 million households don't hold bank accounts, says The Pelorus Group, an aggregator of market research products. The cards offer these consumers-as well as their employers and the stores where they shop-the convenience of electronic transactions.
Continue reading this article - and everything on Entrepreneur!
We make some of our best content available to Entrepreneur subscribers only. Become a subscriber for just $5 to get an ad-free experience, exclusive access to premium content like this, and unlock special discounts.
Entrepreneur Editors' Picks
-
Kale Was a Garnish Before This Creative Genius Made It Famous. Here's How She Did It — and What She's Planning Next.
-
Telling Your Brand Story Is Crucial. 4 Steps to Ensure That It Resonates.
-
This Baker Was Told Not to Speak Spanish With Colleagues, So She Started Her Own Cake Company That Values Employees Just as Much as Customers
-
Improving Yourself Takes 9.6 Minutes of Work Each Day
-
Meet the Women Behind Some of McDonald's Most Iconic (and Essential) Ingredients — and How They're Setting New Standards
-
Remote Work Shouldn't Be Up for Debate
-
Employees Are Over Foosball Tables and Free Snacks. Your Company Culture Needs This Instead.
