Insurance: Professor Arnold Rosenberg


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Stored Value Cards

NEW! 8/28/2008 9:39:52 AM EST

Stored Value Cards and Other New Payment Devices

Changing demands have led to new payment methods. One of these methods, prepaid stored value cards, has become very popular. This commentary by Professor Arnold S. Rosenberg focuses on the legal ramifications and regulation of stored value cards, discussing the applicable law, application of the Electronic Fund Transfer Act (EFTA) and Reg E to payroll cards under new regs promulgated by the Fed, and state gift card legislation

By Professor Arnold Rosenberg

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