Paris attacks reveal troubling dark side to using anonymous prepaid cards

Paris

PREPAID payment cards were seen as a positive development, helping those excluded from the banking system and providing a convenient financial tool, but their use in the Paris terror attacks has revealed a troubling dark side.

The attackers used an anonymous prepaid card to rent hotel rooms outside Paris the night before the Nov 13 strikes that killed 130 people, according to Tracfin, the French body tasked with combating money laundering and the financing of terrorism.