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Prepaid Card Global Market Report 2024

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    Report

  • 175 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5734935

Quick Summary:

In an increasingly digital and cashless world, understanding the dynamics of the evolving prepaid card market is essential for businesses wanting to keep abreast of consumer behavior and emerging financial trends. The shift towards the use of prepaid cards as a substitute for traditional bank and credit cards is driving market growth, making it a lucrative sector for potential investment.

The global prepaid card market is undergoing significant changes, with many well-established financial institutions and emerging players actively participating. This comprehensive prepaid card market research report would provide invaluable insights into market trends, competition, regional dispersion, and strategic initiatives undertaken by key market players. Whether you're seeking to invest or just stay informed, this report offers an in-depth analysis that could aid in your decision-making processes.

The prepaid card market size has grown rapidly in recent years. It will grow from $21.98 billion in 2023 to $25.12 billion in 2024 at a compound annual growth rate (CAGR) of 14.3%.The growth observed in the historical period can be attributed to factors such as the regulatory landscape, consumer behavior and preferences, economic conditions, initiatives for financial inclusion, as well as partnerships and collaborations.

The prepaid card market size is expected to see rapid growth in the next few years. It will grow to $41.57 billion in 2028 at a compound annual growth rate (CAGR) of 13.4%. The anticipated growth in the forecast period can be attributed to factors such as expected regulatory changes, the evolution of consumer preferences, economic outlook, initiatives for financial inclusion, and strategic partnerships. Major trends during this forecast period include the incorporation of enhanced security features, the adoption of green and sustainable practices, emphasis on inclusion and accessibility, integration with digital wallets, and adherence to regulatory compliance.

The growth of the prepaid card market is being driven by the increasing use of prepaid cards as an alternative to traditional bank cards. Prepaid cards, not linked to a bank checking account or a credit union share draught account, involve users depositing money in advance into the prepaid card account. Debit card payments in 2021, as reported by the Reserve Bank of India, reached 412 crores, showcasing the popularity of prepaid cards similar to debit cards. Users can spend money up to the loaded amount on the card for various purposes such as making purchases, paying bills, and shopping online. This trend is expected to contribute to the expansion of the prepaid card market in the forecast period.

The growth of the prepaid card market is expected to be fueled by the increasing demand for e-commerce. Prepaid cards are commonly utilized for online purchases, allowing consumers to load funds onto their cards and use them for buying products and services from e-commerce platforms. As of August 2023, the United States Census Bureau reported a 7.5% increase in e-commerce estimates for the second quarter of 2023 compared to the second quarter of 2022. This growth in online sales, accounting for 15.4% of total sales, indicates a rising preference for prepaid cards in the online shopping landscape.

The growth of the prepaid card market may face hindrances due to the increasing incidents of fraudulent cases. Card fraud losses, applicable to various payment cards globally, including prepaid cards, result from fraudulent activities such as unauthorized transactions. In 2021-2022, fraud constituted 15% of all crimes, with an alarming 39% of crimes in the Crime Survey for England and Wales (CSEW), as reported by the Social Market Foundation in March 2022. The prevalence of fraud poses challenges and acts as a constraint on the growth of the prepaid card market.


Leading companies in the prepaid card market are introducing innovative products, such as Neokred, to enhance their market presence and profitability. Neokred, developed by Giverly, a US-based social impact fintech startup, serves as a payments infrastructure enabler. Launched in July 2023, Neokred, co-branded with Visa and Transcorp International, functions as a charity payback platform. This unique card transforms online purchases into meaningful contributions that directly impact significant humanitarian issues. Giverly aims to revolutionize charitable giving, providing organizations with a tangible and impactful way to receive support.

Major players in the prepaid card market are incorporating advanced technologies, exemplified by the introduction of the common mobility Prepaid Card. State Bank of India, a prominent financial services company, unveiled the RuPay NCMC Prepaid Card in September 2023. This card, facilitated by the National Payments Corporation of India (NPCI), represents an inter-operable transport card. Designed to simplify payments for various travel-related expenses, the RuPay NCMC Prepaid Card can be utilized for parking, bus fares, ferries, subways, as well as retail and online purchases.

In June 2022, Rewire, an Israel-based provider of prepaid debit cards, successfully acquired Imagen for an undisclosed amount. Imagen, based in Israel, specializes in offering pre-paid cards to immigrants. This acquisition aligns with Rewire's growth strategy, broadening its product portfolio and strengthening its market position.

Major companies operating in the prepaid card market report are Walmart Inc., JPMorgan Chase & Co., American Express Company, Visa Inc., PayPal Holdings Inc., Truist Financial Corporation, Mastercard Incorporated, eBay Inc., Regions Financial Corporation, The Western Union Company, Western Union Financial Services Inc., Total System Services LLC, Chime Financial Inc., Akimbo Financial Inc., Green Dot Corporation, Republic Bank & Trust Company, Pathward N.A., Insight Card Services Inc., NetSpend Holdings Inc., Rêv Worldwide Inc., FamZoo Inc., Prepaid2cash Holdings Inc., BBVA Compass Bancshares Inc., Kaiku Finance LLC, Mango Financial Inc., Bluebird by American Express, Prepaid Expense Card Solutions Inc., Achieve Financial Services LLC, MovoCash Inc., Cashflows. The Asia-Pacific was the largest region in the prepaid card market in 2023. Western Europe was the second largest market in the global prepaid card market share. The regions covered in the prepaid card market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The primary categories of prepaid cards include general-purpose reloadable cards, prepaid gift cards, government benefit cards, payroll cards, and other specialized types. General-purpose reloadable cards function as debit cards for retail transactions and are suitable for depositing online payments. The various card classifications encompass open-loop prepaid cards and closed-loop prepaid cards. Prepaid cards find applications in various settings, including retail establishments, corporate institutions, government entities, and other establishments.

The prepaid card market research report is one of a series of new reports that provides prepaid card market statistics, including prepaid card industry global market size, regional shares, competitors with prepaid card market share, detailed prepaid card market segments, market trends and opportunities, and any further data you may need to thrive in the prepaid card industry. This prepaid card research market report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The countries covered in the prepaid card market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The prepaid card market consists of revenues earned by entities that are engaged in storing, processing and transmitting prepaid card data. Prepaid cards may be open-loop or closed-loop. While an open-loop prepaid card can be used at any locations accepting cards, a closed-loop prepaid card can only be used at certain locations such as a specific store or a group of stores. Revenue generated from the cards market include all processing and service fees levied by banks and financial institutions for processing card-based payments. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Frequently Asked Questions about the Global Prepaid Card Market

What is the estimated value of the Global Prepaid Card Market?

The Global Prepaid Card Market was estimated to be valued at $25.12 Billion in 2024.

What is the growth rate of the Global Prepaid Card Market?

The growth rate of the Global Prepaid Card Market is 13.4%, with an estimated value of $41.57 Billion by 2028.

What is the forecasted size of the Global Prepaid Card Market?

The Global Prepaid Card Market is estimated to be worth $41.57 Billion by 2028.

Who are the key companies in the Global Prepaid Card Market?

Key companies in the Global Prepaid Card Market include Hitachi Ltd., Siemens AG, General Electric Company, Caterpillar Inc., Hanwha Group, Schneider Electric SE, Mitsubishi Electric Corp., Honeywell International Inc., Mitsubishi Heavy Industries Ltd. and ABB Ltd..

Table of Contents

1. Executive Summary2. Prepaid Card Market Characteristics3. Prepaid Card Market Trends and Strategies
4. Prepaid Card Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Prepaid Card Market Size and Growth
5.1. Global Prepaid Card Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Prepaid Card Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Prepaid Card Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Prepaid Card Market Segmentation
6.1. Global Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • General-Purpose Reloadable Card
  • Prepaid Gift Card
  • Government Benefit Card
  • Payroll Card
  • Other Types
6.2. Global Prepaid Card Market, Segmentation by Card Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Open Loop Prepaid Card
  • Closed Loop Prepaid Card
6.3. Global Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Retail Establishments
  • Corporate Institutions
  • Government
  • Other Applications
7. Prepaid Card Market Regional and Country Analysis
7.1. Global Prepaid Card Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Prepaid Card Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Prepaid Card Market, Segmentation by Card Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Prepaid Card Market, Segmentation by Card Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Prepaid Card Market
10.1. India Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Prepaid Card Market, Segmentation by Card Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Prepaid Card Market
11.1. Japan Prepaid Card Market Overview
11.2. Japan Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Prepaid Card Market, Segmentation by Card Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Prepaid Card Market
12.1. Australia Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Prepaid Card Market, Segmentation by Card Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Prepaid Card Market
13.1. Indonesia Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Prepaid Card Market, Segmentation by Card Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Prepaid Card Market
14.1. South Korea Prepaid Card Market Overview
14.2. South Korea Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Prepaid Card Market, Segmentation by Card Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Prepaid Card Market, Segmentation by Card Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Prepaid Card Market
16.1. UK Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Prepaid Card Market, Segmentation by Card Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Prepaid Card Market
17.1. Germany Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Prepaid Card Market, Segmentation by Card Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Prepaid Card Market
18.1. France Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Prepaid Card Market, Segmentation by Card Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Prepaid Card Market
19.1. Italy Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Prepaid Card Market, Segmentation by Card Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Prepaid Card Market
20.1. Spain Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Prepaid Card Market, Segmentation by Card Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Prepaid Card Market
21.1. Eastern Europe Prepaid Card Market Overview
21.2. Eastern Europe Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Prepaid Card Market, Segmentation by Card Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Prepaid Card Market
22.1. Russia Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Prepaid Card Market, Segmentation by Card Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Prepaid Card Market
23.1. North America Prepaid Card Market Overview
23.2. North America Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Prepaid Card Market, Segmentation by Card Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Prepaid Card Market
24.1. USA Prepaid Card Market Overview
24.2. USA Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Prepaid Card Market, Segmentation by Card Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Prepaid Card Market
25.1. Canada Prepaid Card Market Overview
25.2. Canada Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Prepaid Card Market, Segmentation by Card Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Prepaid Card Market
26.1. South America Prepaid Card Market Overview
26.2. South America Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Prepaid Card Market, Segmentation by Card Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Prepaid Card Market
27.1. Brazil Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Prepaid Card Market, Segmentation by Card Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Prepaid Card Market
28.1. Middle East Prepaid Card Market Overview
28.2. Middle East Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Prepaid Card Market, Segmentation by Card Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Prepaid Card Market
29.1. Africa Prepaid Card Market Overview
29.2. Africa Prepaid Card Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Prepaid Card Market, Segmentation by Card Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Prepaid Card Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Prepaid Card Market Competitive Landscape and Company Profiles
30.1. Prepaid Card Market Competitive Landscape
30.2. Prepaid Card Market Company Profiles
30.2.1. Walmart Inc.
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. JPMorgan Chase & Co.
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. American Express Company
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Visa Inc.
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. PayPal Holdings Inc.
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Prepaid Card Market Other Major and Innovative Companies
31.1. Truist Financial Corporation
31.2. Mastercard Incorporated
31.3. eBay Inc.
31.4. Regions Financial Corporation
31.5. The Western Union Company
31.6. Western Union Financial Services Inc.
31.7. Total System Services LLC
31.8. Chime Financial Inc.
31.9. Akimbo Financial Inc.
31.10. Green Dot Corporation
31.11. Republic Bank & Trust Company
31.12. Pathward N.A.
31.13. Insight Card Services Inc.
31.14. NetSpend Holdings Inc.
31.15. Rêv Worldwide Inc.
32. Global Prepaid Card Market Competitive Benchmarking33. Global Prepaid Card Market Competitive Dashboard34. Key Mergers and Acquisitions in the Prepaid Card Market
35. Prepaid Card Market Future Outlook and Potential Analysis
35.1 Prepaid Card Market in 2028 - Countries Offering Most New Opportunities
35.2 Prepaid Card Market in 2028 - Segments Offering Most New Opportunities
35.3 Prepaid Card Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Prepaid Card Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on prepaid card market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • 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 shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
  • Report will be updated with the latest data and delivered to you with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for prepaid card? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This 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.
  • 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, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the 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 growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter 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.

Report Scope

Markets Covered:
1) By Type: General-Purpose Reloadable Card, Prepaid Gift Card, Government Benefit Card, Payroll Card, Other Types
2) By Card Type: Open Loop Prepaid Card, Closed Loop Prepaid Card
3) By Application: Retail Establishments, Corporate Institutions, Government, Other Applications

Key Companies Mentioned: Walmart Inc.; JPMorgan Chase & Co.; American Express Company; Visa Inc.; PayPal Holdings Inc.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

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 Segmentation: 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

Delivery Format: PDF, Word and Excel Data Dashboard

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Walmart Inc.
  • JPMorgan Chase & Co.
  • American Express Company
  • Visa Inc.
  • PayPal Holdings Inc.
  • Truist Financial Corporation
  • Mastercard Incorporated
  • eBay Inc.
  • Regions Financial Corporation
  • The Western Union Company
  • Western Union Financial Services Inc.
  • Total System Services LLC
  • Chime Financial Inc.
  • Akimbo Financial Inc.
  • Green Dot Corporation
  • Republic Bank & Trust Company
  • Pathward N.A.
  • Insight Card Services Inc.
  • NetSpend Holdings Inc.
  • Rêv Worldwide Inc.
  • FamZoo Inc.
  • Prepaid2cash Holdings Inc.
  • BBVA Compass Bancshares Inc.
  • Kaiku Finance LLC
  • Mango Financial Inc.
  • Bluebird by American Express
  • Prepaid Expense Card Solutions Inc.
  • Achieve Financial Services LLC
  • MovoCash Inc.
  • Cashflows

Methodology

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