Defining GPR in Response to the Consumer Financial Protection Bureau’s Proposed Rulemaking on Prepaid


The CFPB has asked the industry to define GPR, creating an inflection point for the industry as all regulations run the risk of unintended consequences and once the government creates a definition it rarely looks back. The problem is that prepaid cardholders find new uses for GPR cards faster than industry can recognize them!

Author: Tim Sloane
Published on: July 23, 2012



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