The state of Virginia in the U.S. expected to ban the ability for a consumer to use a prepaid debit card for donating to a political cause or campaign. The objectives of account, which critics say was that in 2008 donors to the campaign of President Barack Obama, make their donations but do not do so anonymously.
Unlike traditional credit cards, prepaid debit card does not require extensive personal identification, address and financial information for acceptance. This allows anyone in the world can anonymously influence elections for state offices in Virginia, said a spokesman.
Virginia is one of only five U.S. states without limits on campaign contributions, it relies on verifiable change in the personal discovery to support candidates and donors accountable.
President Obama raised record sums of money on the Internet and bases last year, most of it seriously and frankly given by low-income Americans of limited means who donated financial $ 20, $ 50 or $ 75 at a time and have no access to traditional bank instruments (such as credit cards or bank accounts) because of their socioeconomic status. In these situations, prepaid debit cards are the perfect solution to make a donation to a cause, because the send the cash is not a payment option for donations. But a spokesman said, many donations debit card prepaid actually came from outside the United States, and this is worrying.
An individual who is against this proposal stated the following, "In 2008 more than 15 million Americans had their own credit card lines exhausted and ruined credit scores as a result of the recent credit crisis, essentially erasing all your cards credit with the bank account linked debit card. "You tell me that these people, who need political change more than anyone, will not be allowed the same ability to grant a consumer financially stable?".
These objectives can only account transactions made with debit cards prepaid, purchased at stores open twenty four hours, supermarkets, check cashers, warehouses, or online with limits prepaid, often for amounts less than $ 100.00.