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o2 targets teens to open up cash card market

Published: 18/07/2009

The Independent (Main)
Phone Company O2 will storm into the world of personal finance next month, with plans to turn the prepayment card into the must-have new accessory.

 

“Prepaid cards are aimed at people with damaged or no credit history, and foreign nationals that may have difficulty opening a UK bank account,” explains Andrew Hagger of Moneynet.co.uk.
 

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