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Prepaid Load Growth Slows as Segments Mature.
New research from Mercator Advisory Group shows which segments of the prepaid market will grow, and which will shrink through 2020.
Published on: March 8, 2017 Author: Tim Sloane Alternate Point of Contact: Amy Dunckelmann
Mercator Advisory Group’s forecast report identifies key segments that will continue to witness a decline over the next few years as well as those that should see growth. However, the economy, politics, and consumer behavior will all influence which segments grow and which decline.
This report reviews and forecasts load dollar volume for open-loop segments. This forecast highlights the segments approaching market saturation as well as those that will continue to experience double-digit annual growth.
“Prepaid providers should be evaluating their businesses and looking for ways to diversify,” Ben Jackson, director of Mercator Advisory Group’s Prepaid Advisory Service, and author of the report, comments. “Opportunities in the prepaid market shift with economic and regulatory changes. New technologies such as the Internet of Things, and new use cases such as corporate disbursements may provide growth markets in the years to come.”
This research report is 34 pages long.Companies mentioned in this report include: American Express, Assurant Specialty Property, Citi, Discover, Enservio, Farmers Insurance, Green Dot, H&R Block, InsurCard, Liberty Mutual, Mastercard, Nationwide, State Farm, TSYS, Visa, Wageworks, and Wirecard AG.
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