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Prepaid Card Global Market Report 2021: COVID-19 Impact and Recovery to 2030

  • ID: 5323202
  • Report
  • May 2021
  • Region: Global
  • The Business Research Company

FEATURED COMPANIES

  • American Express Company
  • Green Dot Corporation
  • Kaiku Finance LLC.
  • Master Card Incorporated
  • PayPal Holdings Inc
  • TSYS
Prepaid Card Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategists, marketers and senior management with the critical information they need to assess the global prepaid card market as it emerges from the COVID-19 shut down.

Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Description:

Where is the largest and fastest growing market for the prepaid card ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Prepaid Car market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider prepaid card market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The prepaid card market section of the report gives context. It compares the prepaid card market with other segments of the prepaid card market by size and growth, historic and forecast.
Scope

Markets Covered:

1) By Type: General-Purpose Reloadable Card; Prepaid Gift Card; Government Benefit Card; Payroll Card; Others 2) By Card Type: Open Loop Prepaid Card; Closed Loop Prepaid Card 3) By Application: Retail Establishments; Corporate Institutions; Government; Others

Companies Mentioned: American Express Company; BBVA Compass Bancshares Inc.; Green Dot Corporation; JPMorgan Chase & Co.; Kaiku Finance LLC.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

This product will be delivered in 1-3 business days
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • American Express Company
  • Green Dot Corporation
  • Kaiku Finance LLC.
  • Master Card Incorporated
  • PayPal Holdings Inc
  • TSYS
1. Executive Summary

2. Prepaid Card Market Characteristics

3. Prepaid Card Market Trends and Strategies

4. Impact of COVID-19 on Prepaid Card

5. Prepaid Card Market Size and Growth
5.1. Global Prepaid Card Historic Market, 2015-2020, $ Billion
5.1.1. Drivers of the Market
5.1.2. Restraints on the Market
5.2. Global Prepaid Card Forecast Market, 2020-2025F, 2030F, $ Billion
5.2.1. Drivers of the Market
5.2.2. Restraints on the Market

6. Prepaid Card Market Segmentation
6.1. Global Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • General-Purpose Reloadable Card
  • Prepaid Gift Card
  • Government Benefit Card
  • Payroll Card
  • Others
6.2. Global Prepaid Card Market, Segmentation by Card Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Open Loop Prepaid Card
  • Closed Loop Prepaid Card
6.3. Global Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Retail Establishments
  • Corporate Institutions
  • Government
  • Others
7. Prepaid Card Market Regional and Country Analysis
7.1. Global Prepaid Card Market, Split by Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
7.2. Global Prepaid Card Market, Split by Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

8. Asia-Pacific Prepaid Card Market
8.1. Asia-Pacific Prepaid Card Market Overview
  • Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
8.3. Asia-Pacific Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

9. China Prepaid Card Market
9.1. China Prepaid Card Market Overview
9.2. China Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion
9.3. China Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion

10. India Prepaid Card Market
10.1. India Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
10.2. India Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

11. Japan Prepaid Card Market
11.1. Japan Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
11.2. Japan Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

12. Australia Prepaid Card Market
12.1. Australia Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
12.2. Australia Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

13. Indonesia Prepaid Card Market
13.1. Indonesia Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
13.2. Indonesia Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

14. South Korea Prepaid Card Market
14.1. South Korea Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
14.2. South Korea Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

15. Western Europe Prepaid Card Market
15.1. Western Europe Prepaid Card Market Overview
15.2. Western Europe Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
15.3. Western Europe Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

16. UK Prepaid Card Market
16.1. UK Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
16.2. UK Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

17. Germany Prepaid Card Market
17.1. Germany Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
17.2. Germany Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

18. France Prepaid Card Market
18.4. France Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
18.5. France Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

19. Eastern Europe Prepaid Card Market
19.1. Eastern Europe Prepaid Card Market Overview
19.2. Eastern Europe Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
19.3. Eastern Europe Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

20. Russia Prepaid Card Market
20.1. Russia Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
20.2. Russia Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

21. North America Prepaid Card Market
21.1. North America Prepaid Card Market Overview
21.2. North America Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
21.3. North America Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

22. USA Prepaid Card Market
22.1. USA Prepaid Card Market Overview
22.2. USA Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
22.3. USA Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

23. South America Prepaid Card Market
23.1. South America Prepaid Card Market Overview
23.2. South America Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
23.3. South America Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

24. Brazil Prepaid Card Market
24.1. Brazil Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
24.2. Brazil Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

25. Middle East Prepaid Card Market
25.1. Middle East Prepaid Card Market Overview
25.2. Middle East Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
25.3. Middle East Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

26. Africa Prepaid Card Market
26.1. Africa Prepaid Card Market Overview
26.2. Africa Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
26.3. Africa Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

27. Prepaid Card Market Competitive Landscape and Company Profiles
27.1. Prepaid Card Market Competitive Landscape
27.2. Prepaid Card Market Company Profiles
27.2.1. American Express Company
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. BBVA Compass Bancshares Inc.
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Green Dot Corporation
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. JPMorgan Chase & Co.
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. Kaiku Finance LLC.
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance

29. Key Mergers and Acquisitions in the Prepaid Card Market

29. Prepaid Card Market Future Outlook and Potential Analysis

30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Research Inquiries
30.4. About the Publisher
30.5. Copyright and Disclaimer
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • American Express Company
  • Green Dot Corporation
  • Kaiku Finance LLC.
  • Master Card Incorporated
  • PayPal Holdings Inc
  • TSYS
Major players in the prepaid card market are American Express Company, BBVA Compass Bancshares Inc., Green Dot Corporation, JPMorgan Chase & Co., Kaiku Finance LLC., Mango Financial Inc, NetSpend Holdings Inc, PayPal Holdings Inc, UniRush LLC, and Master Card Incorporated.

The global prepaid card market is expected to grow from $12.99 billion in 2020 to $13.87 billion in 2021 at a compound annual growth rate (CAGR) of 6.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $21.22 billion in 2025 at a CAGR of 11.2%.

The prepaid card market consists of sales of prepaid card services by entities (organizations, sole traders, and partnerships) that are engaged in storing, processing, and transmitting payment card data. Prepaid cards are preloaded payment cards issued by financial institutions that can be used to make both online and in-store payments. Once the amount loaded on the card is used, it may be disposed of (non-reloadable prepaid card) or reloaded (reloadable prepaid card) by the cardholder. The prepaid card may be open-loop or closed-loop. While an open-loop prepaid card can be used at any location accepting card, a closed-loop prepaid card can only be used at certain locations such as a specific store or a group of stores. Only goods and services traded between entities or sold to end consumers are included.

Major players operating in the industry are undertaking various strategic initiatives such as partnerships and collaborations which are gaining significant popularity in the prepaid card market. Companies are collaborating with other market players to offer prepaid cards with flexible credit limits to attract a large consumer base for a prepaid card. For instance, in November 2020, MobiKwik collaborated with American Express (Amex) card network to introduce its first virtual prepaid payments card with a flexible credit limit. With the launch of the prepaid payment card, MobiKwik becomes the first non-bank in India to issue cards.

The prepaid card market covered in this report is segmented by type into general-purpose reloadable card, prepaid gift card, government benefit card, payroll card, others, by card type into an open-loop prepaid card, closed-loop prepaid card, by application into retail establishments, corporate institutions, government, others.

In March 2019, Prepaid Financial Services Limited, a London-based financial services company acquired a physical prepaid card portfolio of Barclaycard in the UK for an undisclosed amount. This acquisition will enable Prepaid Financial Services Limited to offer an enhanced service to existing and future Payroll and Corporate clients. Barclaycard is a UK-based financial services company that helps consumers, retailers, and businesses to make and take payments flexibly, and to access short-term credit and point of sale finance.

Increasing use of prepaid cards as a substitute for traditional bank cards is a key factor driving the growth of the prepaid card market. A prepaid card is not connected to a bank checking account or a draught account for a credit union share, instead, users invest money in advance deposited in the prepaid card account. According to the 2019 Federal Reserve Payments Study, the number of prepaid debit card payments increased to 13.8 billion with a value of $0.38 trillion in 2018. Prepaid cards are similar to debit cards and permit the consumer to spend money up to the amount loaded on the card for making purchases, gas bills, shopping, and paying online bills. Therefore, increasing usage of prepaid cards is expected to propel the growth of the prepaid card market in the coming years.

The increasing incidents of fraudulent cases are expected to hamper the growth of the prepaid card market in the coming years. Fraud losses are sustained on all credit, debit, prepaid general-purpose, and private label payment card distributed around the world by payment card issuers, retailers, purchasers of card purchase from retailers, and acquirers of card transactions at ATMs. For instance, global fraud losses totaled $27.85 billion in 2018 and are expected to grow to $35.67 billion in five years and $40.63 billion in 10 years. Therefore, the increasing incidents of fraud restraints the growth of the prepaid market.
Note: Product cover images may vary from those shown
  • American Express Company
  • BBVA Compass Bancshares Inc.
  • Green Dot Corporation
  • JPMorgan Chase & Co.
  • Kaiku Finance LLC.
  • Mango Financial Inc
  • NetSpend Holdings Inc
  • PayPal Holdings Inc
  • UniRush LLC
  • Master Card Incorporated
  • TSYS
  • Ebay
  • Visa Inc.
  • The Western Union Company
Note: Product cover images may vary from those shown

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