prepaid cards Archives - Hydrogen

What are interchange fees?

Interchange fees are transaction fees used in the payment card industry, which the card-issuing bank charges whenever a credit or debit card is used to make a transaction. The fees are charged to the merchant bank, or acquiring bank, and are paid to the card issuer. The fee covers the…

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Prepaid Card Programs For Kids

It's now more important than ever to educate children on the importance of savings. Talking with them at an early age is critical for them to learn financial literacy. 69% of parents gave an allowance to their children (ages 4 - 14) in 2019 and the average amount was about…

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Prepaid Card Regulations

What does someone do if they want or need to pay with a card, but they don't have a checking account and don't have the credit history to open a credit card account? What about people who don't want to have access to all their funds with a single swipe…

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