Convenience and the ability to limit risk have dramatically expanded the draw for prepaid products. No longer viewed as a gateway to financial inclusion for the underserved or a vehicle to keep the lid on kids’ spending while they’re away from home, prepaid now appeals to a broad spectrum of consumers, government, schools, and businesses.
Case in point: Prepaid as a cash and expense management solution for businesses
FIS recently created a cash and expense management solution for a major....