Payments 2012: The Conference in Quotes
2. It's Not Your Fault
There are times I believe that the credit crisis probably created more sales [of prepaid cards] than any particular dislike for banks in general.
— Steve Streit, CEO of prepaid company Greendot Corp., speaking during the openings morning session at Payments 2012. Streit said that the ease of use and lack of fees is what led many U.S. consumers to embrace prepaid cards over the last several years.