Up Close with Pew's Model Disclosure Box
In an effort to improve prepaid card disclosures, Pew developed a model summary disclosure box that provides information on the key fees, terms, and conditions of the cards in a concise, easy-to-read manner. Here are two pictures illustrating how packaging for cards sold at retail stores can accommodate Pew's disclosure box.
This model is one way a supplier of general purpose reloadable prepaid cards can fully disclose all important fees and terms. The placement of this disclosure allows consumers to examine card information prior to purchase so that they can comparison shop and make a fully informed decision.