Many Advantages Far Outweigh Few Disadvantages of Stored Value Cards

With a growing number of options and potential applications, the many advantages of using stored value cards (SVCs) far outweigh any potential disadvantages. In addition to being a very useful way to pay for goods and services in advance, SVCs are a vital resource for unbanked consumers. Financial industry estimates place the number of households in the United States without a bank account at somewhere between 10 – 15 percent of the marketplace.