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What are Prepaid Accounts?

Question: 
Is there a second prong that applies to the definition of what is, or is not, a Prepaid Account?
Answer: 

Yes, in additional to the marketing or labeling aspect, there is a second prong with tests related to primary function of the account and issuance factors such as pre-loaded or capable of being loaded afterwards with funds.

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Prepaid Accounts

First published on 09/24/2017

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