This paper by Hiroaki Kuwahara and Kazuaki Hara (both of the Deposit Insurance Corporation of Japan) presents a case study in Japan on prepaid payment instruments stipulated in the Payment Services Act. The brief also looks into prepaid-type payment instruments issued under the legal frameworks of the United States and European Union.
IADI Fintech Brief No. 10 – Prepaid Cards: A Case Study of Japan, the United States and the European Union
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