Are people also not technically allowed to use a prepaid credit card registered in someone else's name? A parent could activate the card and then give it to the child.
You could, but then you're still paying fees designed to exploit the unbanked. If the parent is financially secure, they can use that fact to get a free checking account for their child.
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Are people also not technically allowed to use a prepaid credit card registered in someone else's name? A parent could activate the card and then give it to the child.
You could, but then you're still paying fees designed to exploit the unbanked. If the parent is financially secure, they can use that fact to get a free checking account for their child.