Not being part of the mainstream financial system is much more a matter of personal choice and lack of financial education than it is the result of being shut out of it....
Prepaid is not only unique as the only type of payment card available to the nation's unbanked population, but it also seems to have its unique uses....
Many prepaid card users have access to other payment products like credit cards, but have nevertheless chosen prepaid and have made the right choice....
Most prepaid card users have previously struggled with credit card debt, overspending and unpredictable fees and have found a "safe haven" in prepaid cards....