Overview
Cardholders are saving to spend, which can help prepaid card providers.
Savings accounts attached to prepaid cards make the cards more similar to traditional bank accounts than previously. However, customers are not using these accounts as long-term money repositories. They are using them to pay anticipated expenses and to smooth out personal income volatility.
Book a Meeting with the Author
Related content
Expanding the Use of Commercial Prepaid Cards: Here Are the Gaps in a Growing Market
Prepaid cards are quietly emerging as a powerful tool in commercial payments, extending far beyond their traditional role. As businesses seek tighter spending controls, reduced fra...
Prepaid and Stablecoins: Turning Liabilities Into Assets
Prepaid cards have evolved from handwritten gift certificates to digital wallets, and now they face a new inflection point. This Impact Note explores how stablecoins and tokenized ...
Self-Use Motivations Extend the Prepaid Payments Life Cycle
There’s been an intriguing shift in gift cards, which are no longer simply given by others. Consumers are buying prepaid cards for themselves to take advantage of companies’ reward...
Make informed decisions in a digital financial world