Canadian Open-Loop Market Grows 17 Percent, According To New Study
A new survey released by the CPPO titled Canadian Open-Loop Market: 2016 has revealed that the open-loop card market in Canada has grown by 17 percent between 2015 and 2016. Growth in all nine active segments, including consumer, corporate, and government, has driven the market to $3.6 billion in total…
Open-Loop Card Growth To Continue, New Study Predicts
The future looks bright for the open-loop prepaid market, according to a new study from Mercator Advisory Group. The report, the 14th Annual U.S. Open-Loop Prepaid Cards Market Forecasts, 2017–2020, examines loads, growth potential, and market dynamics across various prepaid categories, including gift cards, government, and financial services, and provides…
DCR’s Top 5 Payroll Articles To Celebrate National Payroll Week
National Payroll Week is officially here! Now in its 23rd year, the Canadian Payroll Association’s largest annual public relations initiative celebrates Canada’s payroll professionals who are responsible for ensuring that $928 billion in annual wages and taxable benefits get paid to employees. With half of Canadians living paycheque to paycheque,…
Different Kinds Of Prepaid Cards In Canada
Infographic courtesy of the Canadian Prepaid Providers Organization. Have questions or want to learn more about prepaid cards? Feel free to contact us by visiting our contact page. DCR offers years of experience and expertise in prepaid and mobile payments—from the launching stage all the way through fulfillment and program…
The Prepaid Business Today: Growth Remains Healthy
U.S. open-loop prepaid card loads will surpass $300 billion in 2017. Despite regulatory and public relations headwinds, the prepaid business market continues to provide valuable transaction tools to individuals, businesses, and government agencies. The continued growth of the network-branded prepaid market as a whole reflects its diversity and staying power…
Terms You Should Know When Launching a Prepaid Program
When launching a prepaid program, it’s important to know the terms associated with prepaid cards. Not knowing these terms can cause confusion, making it harder for you to choose and launch the appropriate program for your company. Here are some of the most important terms pertaining to the prepaid card…
Replacing Cheques with Open-Loop Prepaid Products
In order for Canada to live up to its reputation as a banking and payments leader, it must do more to reduce its reliance on the antiquated cheque. Open-loop prepaid products solve many of the problems cheques cause businesses, and offer consumers a familiar and comfortable step into the fast-growing…
