Global Prepaid Card Market Forecast to 2029 | Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Prepaid card is a specific payment method where funds are directly linked to a particular card irrespective of the bank account, and are well-suited with both open loop and closed loop networks. Generally, these types of cards are available for everyone, without requiring the rating, credit score or bank account and can be easily utilized in paying online bills, at stores, as well as in purchasing goods & commodities. These cards are substitutes to bank-linked cards and are largely used by the population not having bank accounts or for those who can’t afford its maintenance charges. Some of the key benefits of the prepaid card include better customer experience, hassle-free payment methods, and easy access to such cards. As per analysis, “Global Prepaid card Market” the key companies operating in the global prepaid card market include PayPal Holdings, Inc., Green Dot Corporation, H&R Block Inc., American Express Company, JPMorgan Chase & Co., BBVA Compass Bancshares, Inc., Mango Financial, Inc., Kaiku Finance LLC., UniRush, LLC, NetSpend Holdings, Inc and among others. Renowned players operating in the industry are undertaking different strategic initiatives for instance partnerships & collaborations which are gaining considerable popularity in the prepaid card market. Players are also collaborating with other market players to provide prepaid cards with the flexible credit limits to attract a large consumer base for prepaid card. By type, prepaid card market can be bifurcated as open loop and closed loop. The closed loop segment dominates the global market owing to growth in adoption of multi-purpose prepaid card by retailers, travelers and students. In addition, by industry vertical, market can be bifurcated as corporate institutions, government, retail & ecommerce, financial institutions and others. Rise in demand for cash alternatives, followed by growth in developments in the e-commerce industry, increase in influence towards plastic money, availability of affordable & energy-efficient prepaid cards, increase in trend to go-cashless and growth in adoption of Artificial-Intelligence (AI) & Internet-of-Things (IoT) technologies are some major factors, which are responsible for growth of the prepaid card market. Apart from this, increase in risk due to technological advancement and lack of standardization & fraudulent attacks are major hindering factors for market. Moreover, increase in unbanked & under-banked population is a leading opportunity for market. By geography, the North-America is a leading region in global prepaid card market owing to favorable government regulations for prepayment cards and growth in adoption of prepaid cards by different employees across the region. The Asia-Pacific and Europe regions are estimated to witness higher growth rate due to increase in public assistance in the developing Asia-Pacific countries coupled with growth in retail applications, governments and corporate institutions over the forecast period. Additionally, the Middle-East and Africa region is also estimated to witness higher growth rate caused by increase in number of online stores and rise in awareness of the utilization of prepaid cards over the forecast period. It is projected that future of the global prepaid card market will be bright because of growth in e-commerce sector and rise in demand for cash alternatives during the forecast period. For More Information on the Research Report, refer to below links: – Global Prepaid Card Market Growth Rate Related Report:- Global Prepaid Credit Card Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023 Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: American Express Prepaid card Market Share, Asia Pacific Prepaid card Market, Global Prepaid card Closed loop Market, Global Prepaid card Industry, Global Prepaid card Industry Research Report, Global Prepaid card Market, Global Prepaid Card Market Analysis, Global Prepaid card Market End Users, Global Prepaid card Market Forecast, Global Prepaid card Market Future Outlook, Global Prepaid card Market Growth Rate, Global Prepaid card Market Major Players, Global Prepaid card Market Research Report, Global Prepaid card Market Revenue, Global Prepaid card Market Share, Global Prepaid card Market Size, Global Prepaid card Open loop Market, Green Dot Prepaid cards Market Analysis, H&R Block Prepaid card Market Revenue, Impact of COVID-19 on Prepaid card Market, India Prepaid card Market Share, Indonesia Prepaid card Market, Latin America Prepaid card Market, Middle East Prepaid card Market, North America Prepaid card Market, PayPal Prepaid card Market Sales Growth, Saudi Arabia Prepaid card Market