Webinars

U.S. Prepaid Card Market Overview


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Media: Members of the press/media interested in participating in the teleconference can contact Karen Yetter at: media@mercatoradvisorygroup.com for media credentials for this online event.


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    This Webinar is available for purchase by non-members for $250

The U.S. open-loop prepaid card market is made up of payment devices for which funds to be spent have been loaded into an account associated with the payment device—whether that is a card, code, or some other form factor. (For the sake of convenience, the term ‘card’ is used, but it should not be inferred that only plastic cards are being discussed.) Prepaid cards differ from debit cards in that a debit card draws on an account owned by the cardholder, and they differ from credit cards in that they do not draw on a line of credit established in the name of the cardholder. Open-loop cards connect to one of the major payment network rails to complete transactions. While most carry a logo of one of the four major card brands (Visa, Mastercard, Discover, or American Express) and are accepted wherever those brands are accepted, some cards, such as those in the segment, Open-Loop In-Store Gift Cards, use the network rails but have filters applied to them so that they are accepted at only one company’s locations. Join Sue Brown, Director, Prepaid Advisory Service, as she reviews the U.S. prepaid card market and the areas that impact it. Items covered will include:
  • Items that may be impacting the prepaid card market
  • Current growth in the open-loop prepaid card market
  • The forecast for future growth in the open-loop prepaid card market