Law360, New York ( April 23, 2013, 11:53 AM EDT) -- In recent years, the market for commercial prepaid cards has been growing rapidly in China. There are two types of prepaid cards in China: vendor-specific cards (which can be used at only one store) and multipurpose cards (essentially cash-equivalent prepaid cards that can be used at a variety of vendors). Prepaid cards have provided considerable convenience to the public, and may even have stimulated consumption to a certain extent.[1] However, they also give rise to the risk of corruption and bribery for two main reasons: First, without needing to be registered to a specific individual's name, it is very difficult to trace to whom the prepaid cards have been given; and second, giving prepaid cards is a less blatant form of gift giving compared to giving cash, and therefore may be considered more acceptable to both the bribe giver and bribe receiver.[2] The Chinese government has recently reinvigorated its efforts to regulate the issuance and circulation of such commercial prepaid cards....