> As an example, the city could provide a free reloadable prepaid card to people who qualify as underbanked (based on some combination of income and residential

> As an example, the city could provide a free reloadable prepaid card to people who qualify as underbanked (based on some combination of income and residential address). Then you still have the people who are underbanked for some reason but don't qualify as underbanked under that criteria. The only reliable way to do it would be to provide it to everyone, no questions asked (you can't even require proof of identity or residence, otherwise you'd still have the homeless people who lost their documents and can't get new ones). In the end, that reloadable prepaid card becomes a more complicated, less reliable form of physical cash.