The issuer survey (FR 3063a) collects data from issuers of government-administered, general-use prepaid cards including card program information, cards outstanding, card funding, ATM transactions, purchase transactions, fees paid by issuers to third parties, interchange fees, and cardholder fees. The issuer survey (FR 3063a) is mandatory.
The government survey (FR 3063b) collects data from state governments, the District of Columbia, and U.S. territories (collectively "state governments"), and municipal government offices located within the United States (local government offices) that administer general-use prepaid card payment programs. Data collected from government offices include program information, the number of cards outstanding, and funding information. The government survey (FR 3063b) is voluntary.
The Board proposes to revise the issuer survey (FR 3063a) to collect data on the number of government programs broken out by category of disbursement program; net funds loaded onto prepaid cards broken out by gross funds loaded and funds voided or returned to government offices, as well as by funds loaded pursuant to government-administered programs and funds loaded from other sources; the average daily value of funds outstanding; the value and volume of ATM withdrawals broken out by proprietary (in-network) ATMs and nonproprietary (out-of-network) ATMs; the amount reimbursed cardholders for fees they incurred at nonproprietary ATMs; the value/volume of over-the-counter at-bank (teller) withdrawals as well as fees assessed to cardholders by third party banks for these withdrawals; the value of settled purchase transactions and interchange fee revenue broken out by transactions that are exempt and not exempt from the interchange fee standards of Regulation II; and sources of revenue collected by issuers other than interchange and cardholder fees. The Board also proposes to combine current sections II and III as well as current sections XIII and IX. In addition, the Board proposes that issuers not be required to complete a separate survey for each program. Rather, issuers would be required to complete one survey for federal programs in aggregate and one survey for state/local programs in aggregate.
The Board proposes to revise the government survey (FR 3063b) to collect data on the number of government programs reported in the survey. In addition, the Board proposes to request public comment on the potential effects of repealing the FR 3063b survey.
Lastly, the Board proposes to make several clarifications to both surveys and to delete questions that are no longer relevant from both surveys.
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
Form FR 3063b Government Survey
FR3063ab_20141203_omb.pdf
Government Survey