Prepaid On The Verge of a Digital Takeover

The transformation of digital payments continues to shape every payment rail. Prepaid payments represent a unique opportunity to unify the inclusiveness of the consumer experience for beloved brands, take advantage of widely accepted technologies, and bridge global gaps in currency exchange and financial inclusion. These elements put digital payments on the cusp of taking the lead in driving the closed-loop and open-loop prepaid ecosystems. 

Consumers already show higher average load values on digital prepaid cards, and volumes are rapidly rising. The continued development of consistent consumer experiences regardless of payment form factor and the lower costs of money movement set up digital avenues to drive usage across a variety of prepaid card types.