Introductory BSA/AML Examiner School, Providence, RI

Prepaid Cards Closed Loop System:

• Generally can only be used to buy goods or services from the merchant issuing the card or a select group of merchants or service providers that participate in a specific network • Examples include retail gift cards, mall cards, gas cards, etc.

Trends in Noncash Payments 2000-2017

2018 Federal  Reserve Payments Study Update