General Purpose Reloadable Card: Commonly known as a GPR Card, this is a card that is reloadable and redeemable at all merchants that accept Visa or MasterCard and usable at ATMs to access cash, much like a debit card. The phrase is a defined term of art in various federal regulations governing Cards. Among other rules and standards, General Purpose Reloadable Cards are subject to regulation by Consumer Protection Laws, Unclaimed Property Statutes, Money Transmitter Laws, Privacy Laws, and Anti-Money Laundering Regulations.
