U.S. Commercial Prepaid Cards: 2015–2020 Forecast
- Date:December 27, 2017
- Steve Murphy
- Research Topic(s):
- Commercial & Enterprise
- PAID CONTENT
In a new research report, U.S. Commercial Prepaid Cards: 2015–2020 Forecast, Mercator Advisory Group examines the ongoing growth scenario in the U.S. market, discussing trends, technology dynamics, and opportunities presenting themselves over the next four years.
"Given the amount of change generally underway in corporate payments, we decided to take a closer look at the specific prepaid commercial use cases and identify a separate taxonomy. We estimate commercial load volumes to be roughly 42% of the total U.S. prepaid market, commented Steve Murphy, Director of Mercator Advisory Group’s Commercial and Enterprise Payments Advisory Service, co-author of the report. “As one might expect, there are fewer segment scenarios associated with commercial prepaid products than with consumer prepaid products because commercial products are targeted to support corporate needs and goals and more efficient management of company resources. To further distinguish between the full taxonomy of prepaid solutions versus commercial-related, we have also identified certain categories and segments that have a mix of spend between consumer and commercial use cases.”
The document is 16 pages long and contains 5 exhibits.
Companies mentioned in this report include: American Express, Bento, Discover, GreenDot, Mastercard, netSpend, PEX, Visa, and Walmart.
- A detailed definition of commercial categories and segments, as delivered across both open-loop and closed-loop networks
- A separate set of definitions for categories and segments that have overlapping spend volumes between commercial and personal (consumer) use cases
- Overall commercial prepaid spending totals by network type, as well as for each applicable segment
- Forecasted load volumes and segment comparisons through 2020, including government versus private sector spending ebbs and flows
- Trends and insights around potential areas for future prepaid commercial card growth
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