Jump to Content
close
close
ABA: The American Bankers Association
Banking Topic

Prepaid & Gift Cards

Prepaid, gift, payroll and government benefit cards are convenient and popular financial tools that can extend the reach and benefits of banking services to those without traditional bank accounts.

ABA generally believes that a prepaid card should be treated the same as cash unless the prepaid card mimics a traditional deposit account. Inappropriate regulation of prepaid cards can raise costs, limit flexibility, inhibit innovation or otherwise reduce their value to customers.

News

View All News

Related Training & Events

ABA Resources

View All

Industry Resources

Show MoreShow Less

ABA Prepaid

ABA Prepaid offers smart and simple payments options aimed at today's rapidly evolving market for reloadable, targeted card solutions. All cards come with alerts, 24/7 customer service and other tools that support good financial management.

Explore the Solution

Policy Analysis & Advocacy Efforts

View All
Related Acts & Regulations

Related Products

Stay Connected

Card Information Sharing Group

Share trends and emerging patterns related to card authorization and fraudulent transactions.

Payments Email Bulletin

Get monthly updates on recent events and issues in the payments industry—including technology, credit and debit card policy, FedNow, digital currency, AI and more.