Q: For a card to be considered a general-use prepaid card, must the cardholder be the person that pays for or loads funds onto the card?
A: No. A general-use prepaid card includes a card that is issued in exchange for payment made by a person other than the cardholder. (Added September 14, 2011)
This Q&A was obtained from FRB’s website, in a section for Regulation II (Debit Card Interchange Fees and Routing) Frequently Asked Questions, which may be found here: