Y
Hacker News
new
|
ask
|
show
|
jobs
by
Dave3of5
1495 days ago
How did they make money in this ?
Most banks wouldn't work in this manner due to high risk.
1 comments
datavirtue
1495 days ago
Most banks taking this stance leaves the entire market for others. It is fuelled by fees. Green Dot fees are quite high. What you say is true, though. I was with an established prepaid company (acquired by GD) that got dropped by a bank or two.
link