Discover Enjoys Six Fold Growth as Young Adults Flock To Prepaid

We’re used to hearing about prepaid solutions for the unbanked and underbanked, but the prepaid industry can appeal to much broader consumer populations. MPD CEO Karen Webster spoke with Jeff Lewis, Director Alternative Payments and Prepaid for Discover, to discuss their significant growth and expansion in prepaid, why young adults are drawn to prepaid, the movement away from traditional credit scores, and new loyalty possibilities.