{"id":2895,"date":"2015-12-09T10:55:35","date_gmt":"2015-12-09T15:55:35","guid":{"rendered":"http:\/\/www.nationaltransaction.com\/credit-card-merchant\/?p=2895"},"modified":"2015-12-09T10:58:39","modified_gmt":"2015-12-09T15:58:39","slug":"rushcard-catastrophe","status":"publish","type":"post","link":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/rushcard-catastrophe\/","title":{"rendered":"RUSHCARD CATASTROPHE"},"content":{"rendered":"<p>The RushCard catastrophe affected more than 132,000 consumers, without access to their\u00a0prepaid card\u00a0accounts to get their paychecks, buy groceries, pay bills or pay rent for days.<\/p>\n<p>The total number\u00a0of customers, and a\u00a0tally of how many people were affected,\u00a0haven\u2019t previously been disclosed because it is a privately held company.<\/p>\n<p>Senator <a href=\"https:\/\/www.washingtonpost.com\/news\/get-there\/wp\/2015\/12\/07\/more-than-132000-rushcard-users-were-locked-out-of-accounts-for-days\/\">Brown<\/a> urged UniRush on Monday\u00a0to cooperate with an investigation from the Consumer Financial Protection Bureau, which has requested documents and other information to determine what caused the outage and what the company was doing to compensate consumers.<\/p>\n<p>The card company petitioned to push back the deadline for compiling the information to\u00a0Jan. 15, from Nov. 10, calling the request broad and overly burdensome, but the bureau denied\u00a0the request\u00a0last week.<\/p>\n<p>The prepaid card company announced in October\u00a0that it would create a multimillion-dollar fund to compensate\u00a0customers who faced financial issues after being locked out of their accounts.<\/p>\n<p>RushCard spokesman said\u00a0Monday that the company has\u00a0started to compensate customers, even hand delivering cash in\u00a0some cases, but he wouldn\u2019t specify how many people had received payments.<\/p>\n<p>RushCard is a Prepaid Card Company\u00a0 co-founded by Russell Simons.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The RushCard catastrophe affected more than 132,000 consumers, without access to their\u00a0prepaid card\u00a0accounts to get their paychecks, buy groceries, pay<\/p>\n<div id=\"more-button\"><a class=\"btn btn-more excerpt-more\" href=\"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/rushcard-catastrophe\/\">Continue Reading<\/a><\/div>\n","protected":false},"author":2,"featured_media":2896,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69],"tags":[225,2910,49,1941],"class_list":["post-2895","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-practices-for-merchants","tag-card","tag-card-company","tag-payments","tag-prepaid-card"],"_links":{"self":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts\/2895","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/comments?post=2895"}],"version-history":[{"count":4,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts\/2895\/revisions"}],"predecessor-version":[{"id":2900,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts\/2895\/revisions\/2900"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/media\/2896"}],"wp:attachment":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/media?parent=2895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/categories?post=2895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/tags?post=2895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}