Bieber Promotes Prepaid Card

    Canadian singer Justin Bieber performs during a concert at Bercy arena in Paris, Tuesday, March 19, 2013. (AP Photo/Francois Mori)

    Francois Mori/AP

    Who knew financial literacy was one of Justin Bieber’s many talents? Despite regulators’ widespread criticism of the prepaid-debit-card industry, Bieber and SpendSmart Payments Co. have launched a card for teenagers that they say will teach Beliebers how to manage their money with parental oversight. Bieber is being paid $3.75 million for promoting the card through a series of videos on his various social platforms.

    Read it at Associated Press