Seeking Alpha

PayPal (EBAY) is stepping up its efforts to serve the "unbanked" by introducing prepaid cash...

PayPal (EBAY) is stepping up its efforts to serve the "unbanked" by introducing prepaid cash cards that will be available at 30K+ U.S. retail outlets. The cards operate a bit like gift cards: consumers purchase a card with a fixed dollar amount, then add the funds to their PayPal account by logging in and typing the card's PIN. They arrive two months after PayPal inked a deal with MoneyGram to give unbanked users the option to deposit/withdraw funds via MoneyGram outlets.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs