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Author: David Nelyubin Published on: December 17, 2021
U.S. commercial closed-loop prepaid card loads fell in 2020.
New research from Mercator Advisory Group shows which segments of the U.S. commercial closed-loop prepaid card market will grow and which will shrink through 2025.
Mercator Advisory Group’s most recent report, Commercial Prepaid: U.S. Closed-Loop Market Review and Forecast, 2020-2025, provides total load estimates by commercial prepaid card category and reveals trends in the commercial closed-loop prepaid cards industry through 2025.
The pandemic has caused market changes which have negatively affected commercial closed-loop prepaid card loads in 2020. Certain closed-loop segments have been affected more than others and are forecast to rebound at different rates.
“Commercial closed-loop prepaid load values have decreased 10% in 2020. Overall, commercial closed-loop values are forecast to slightly lose market share against commercial open-loop load values into 2025. As the market continues to adapt to the ongoing COVID-19 pandemic, we forecast a rebound in certain category load values,” states David Nelyubin, Senior Analyst at Mercator Advisory Group, and the author of the report.
This report is 14 pages long and contains five exhibits.
Highlights of this report include: