Prepaid On The Verge of a Digital Takeover
- Date:April 16, 2024
- Author(s):
- Jordan Hirschfield
- Report Details: 7 pages, 4 graphics
- PAID CONTENT
Overview
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.
Learn More About This Report & Javelin
Related content
Mitigating Risk in Prepaid Card Programs
Risk mitigation is crucial in gift card programs to provide positive customer experiences, protect against fraud and financial losses, and to secure organizational systems. Impleme...
2024 State of the Industry: Commercial Prepaid Cards
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...
2024 Prepaid Card Data Book
The Prepaid Card Data Book ties together the most important metrics for the industry in brief, high-level metrics. This assessment of the prepaid card market by Javelin Strategy & ...
Make informed decisions in a digital financial world