New features, incentives, and discounts are beginning to flourish as the prepaid market expands and more competitors enter the marketplace. In fact, at least one prepaid card option encourages timely bill payment and savings by providing a discount coupon for prepaying a bill.
For instance, a consumer with a $ utility bill would get a $ discount for paying the bill early, with the $ going into a savings account. Partnerships are another strategy for delivering financial services at a low cost.