The Post-COVID-19 Path for Prepaid Government Payments
- Date:May 19, 2023
- Author(s):
- Jordan Hirschfield
- Report Details: 7 pages, 4 graphics
- Research Topic(s):
- Prepaid
- PAID CONTENT
Overview
The use of prepaid cards for government payments surged during the pandemic. Although the pandemic-related subsidies are disappearing, this Javelin Strategy & Research impact note demonstrates how new opportunities are emerging to continue to innovate and offer prepaid cards tied to government programs.
Advances in technology and quicker, easier access to payments and directly deposited funds create ever-expanding use cases for prepaid products to deliver government funding to those who need it. What’s more, the products make it easier for issuing governments to ensure that funds are spent properly, providing an extra layer of accountability to taxpayers.
Learn More About This Report & Javelin
Related content
2024 General-Purpose Reloadable Card Program Scorecard
The first General-Purpose Reloadable Card Program Scorecard by Javelin Strategy & Research evaluates 10 major card programs across a variety of features, looking at the programs th...
2024 Prepaid Holiday Preview
With preparations for the 2024 holiday shopping season in full stride, Javelin Strategy & Research highlights opportunities for the gift card ecosystem to capitalize on a moderated...
Self-Use Drives Prepaid Products
The term “gift card” carries a natural connotation of prepaid products that are purchased for the use of others. But this connotation clashes with the reality that self-use—that is...
Make informed decisions in a digital financial world