Tuesday, September 11, 2012
Other findings from the survey include:
In June 2012, MasterCard and the International Student Identity Card Association launched the ISIC Prepaid MasterCard in the United States. The open-loop, network-branded identification and payment card is designed for international students and is being distributed by discount student travel agency STA Travel.
"The ISIC MasterCard allows students around the world, who are largely underbanked, a payment tool to efficiently manage their spending as they explore the new found independence of transitioning to adulthood," said Carlos Menendez, MasterCard Group Executive, Global Debit.
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