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prepaid card growth

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…

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prepaid card growth

Prepaid Card Growth is Imminent for Households and Businesses

Many people have the misconception that prepaid cards are only used by low income households—a lot of them certainly do— but statistics reveal that there is growth in prepaid card usage across all socioeconomic groups. The FDIC (Federal Deposit Insurance Corp.) recently conducted a survey focusing on unbanked and underbanked…

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