Prepaid Card Global Market Report 2022 – QNT Press Release

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DUBLIN, July 26, 2022 /PRNewswire/ — The “Prepaid Card Global Market Report 2022” report has been added to ResearchAndMarkets.com’s offering.

This report provides 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.

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  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies
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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 $13.79 billion in 2021 to $15.25 billion in 2022 at a compound annual growth rate (CAGR) of 10.6%. The market is expected to grow to $22.11 billion in 2026 at a compound annual growth rate (CAGR) of 9.7%.

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…

Full story available on Benzinga.com

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