NACHA Payments 2013 In Quotes
There are 60 million consumers in this country that are underbanked. They wait in lines to cash checks and to pay bills, it's highly inconvenient. A product like prepaid cards saves them a lot of time and inconvenience.
— Wesley Wright, senior vice president of global payments options for American Express, and head of the company's Bluebird prepaid program in partnership with Walmart, on the opportunity for prepaid cards today.