Prepaid cards have "growing pains" but are secure, experts say

05/14/2013 | AmericanBanker.com (free registration)

Some prepaid cards are experiencing security "growing pains," as evidenced by the recent $45 million ATM theft in which hackers used prepaid card accounts, says Aleia Van Dyke of Javelin Strategy and Research. But experts say the cards are generally as secure as debit and credit cards.

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