Network Branded Prepaid Card Association Hosts Prepaid Card Educational Forum At Congressional Black Caucus Foundation 2012 Annual Legislative Conference

WASHINGTON, Sept. 12, 2012 /PRNewswire/ -- Consumer advocates, policy makers, financial institutions and companies offering prepaid cards will discuss how prepaid debit cards serve consumers, governments and businesses in today's growing electronic payments system. Panelists will educate Congressional Black Caucus Foundation Annual Legislative Conference attendees not only about how the cards are used by adults and students to pay bills, budget and save but also why advocates and policymakers support prepaid cards as critical financial tools. Prepaid debit cards are soaring in popularity among consumers, businesses and governments alike because of the convenience, safety and security they offer in helping individuals manage their finances. According to Mercator Advisory Group, dollar loads to open loop cards (prepaid debit cards) are expected to rise from $226.9 billion in 2012 to $281.7 billion in 2013.

About the NBPCA
The Network Branded Prepaid Card Association (NBPCA) is a non-profit, inter-industry trade association that seeks to educate, advocate, protect and promote on behalf of network branded prepaid debit cards and represents the common interests of the many types of companies who come together to deliver the wide variety of prepaid products. For additional information, visit www.NBPCA.org.

SOURCE NBPCA

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