Stored value cards have recently generated considerable attention.

On April 10, Citibank, Chase Manhattan, MasterCard, and Visa announced an initiative in which 50,000 reloadable stored value smart cards will be issued for use with 500 retail vendors on the Upper West Side of Manhattan. And Visa has announced plans to promote the use of smart cards at the Olympics this summer in Atlanta.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.