DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Prepaid Card Market by Card Type, Usage, Industry Vertical - Global Opportunity Analysis and Industry Forecast, 2014-2022" report to their offering.
The global prepaid card market is anticipated to register a CAGR of 22.7% from 2016 to 2022 to attain a market size of around $3,653 billion by 2022.
In the recent years, the mode of payment has revolutionized, as number of transactions have taken place through cards instead of cash. Prepaid cards are available to everyone, regardless of credit rating, income, or whether or not someone holds a bank account. They are a substitute to a traditional bank account and are a new way to manage money. They function in a similar manner to credit and debit cards; thus, the user can also use them abroad.
However, various types of fees associated with the prepaid card transaction and lack of security measures as compared to credit or debit cards are major restraints for the market growth. Moreover, emerging applications & acceptance of these prepaid cards for various transactions and their increasing popularity during traveling abroad are expected to boost the market growth in the future.
Companies Mentioned
- The American Express Company
- Visa Inc.
- Mastercard Incorporated
- PayPal Holdings, Inc.
- Kaiku Finance, LLC.
- The Western Union Company
- Green Dot Corporation
- NetSpend Holding Inc.
- JP Morgan Chase & Co.
-
AccountNow Inc.
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 Executive Summary
Chapter 3 Market Overview
Chapter 4 Prepaid Card Market, By Card Type
Chapter 5 Prepaid Card Market, By Usage
Chapter 6 Prepaid Card Market, By Industry Vertical
Chapter 7 Prepaid Card Market, By Geography
Chapter 8 Related Industry Insights
Chapter 9 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/gx99qg/prepaid_card
