Some consumers use prepaid cards like cash—others, in place of a bank account.

What value does a prepaid gift card retain when the company where it can be spent files for bankruptcy? A legal intern looks at the law and recent cases and offers advice to consumers.

This is the second in a series of three papers that examines the protections available to users of various electronic payment vehicles who fall victim to fraud, discover an error on their statement, or have a dispute with a merchant after making a purchase. Specifically, it examines the federal...

Summary: On January 13, 2005, the Payment Cards Center of the Federal Reserve Bank of Philadelphia sponsored a workshop led by Gary Palmer, chief operating officer and co-founder of WildCard Systems, to examine the developing market for prepaid card products. Palmer described several distinct...