2024 State of the Industry: Commercial Prepaid Cards
- Date:February 15, 2024
- Author(s):
- Jordan Hirschfield
- Report Details: 17 pages, 8 graphics
- Research Topic(s):
- Prepaid
- PAID CONTENT
Overview
The commercial prepaid market should see moderate growth in coming years, with an increased opportunity for non-governmental products such as employee and health incentives in open-loop and closed-loop networks.
With this report, Javelin Strategy & Research continues its annual series on prepaid market trends. Overall, prepaid continues to represent a small but significant share of the overall commercial payments market. The consistency of that share provides stability for vendors offering commercial prepaid programs, and a continuation of high interest rates could create the potential for growth beyond Javelin’s current expectations.
Key questions discussed in this report:
- What is expected for each segment of the commercial prepaid market in 2024 and beyond?
- How will prepaid mechanisms retain value as large-scale government payments stagnate with lower cost-of-living increases?
- What are the specific inducements consumers prefer in the incentives market?
Learn More About This Report & Javelin
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