Le Lézard
Classified in: Science and technology, Business, Covid-19 virus
Subject: MRR

Global Prepaid Card and Digital Wallet Market Intelligence: Across Over 20 Data-Driven Reports


DUBLIN, March 25, 2024 /PRNewswire/ -- The "Global Prepaid Card and Digital Wallet Market Intelligence Databook Subscription - Q1 2024" report has been added to  ResearchAndMarkets.com's offering.

Research and Markets Logo

This report provides a detailed data centric analysis of prepaid payment instruments, covering spend through prepaid cards and digital wallets across retail and corporate consumer segments. In addition, it provides a snapshot of consumer behaviour and retail spend dynamics in Global. With over 100 KPIs at country level, this report provides comprehensive understanding of prepaid card and digital wallet card market dynamics.

The global prepaid card ecosystem has been growing rapidly amid surging digitalization. Driven by the Covid-19 outbreak and the subsequent rise of fintech firms have supported the adoption of prepaid payment instruments among consumers globally. The rising e-commerce shopping trends have also assisted prepaid card transaction value and volume growth, and the publisher expects the trend to further continue over the next three to four years.

In the global prepaid card market, more and more fintech firms have shifted their focus toward kids' and teens' banking. With many players seeking to tap into potential future consumers at an early age, the trend is projected to further expand from the short to medium-term perspective. Furthermore, fintech firms are also expected to raise capital from venture capital and private equity firms, as they seek to expand their presence in the global market.

Prepaid payment instruments are expected to dominate e-commerce payments globally

The use of prepaid payment instruments, including digital wallets, is growing in the e-commerce segment, especially in markets like India, where e-commerce and digital payments have ballooned over the last few years. From the short to medium-term perspective, this trend is expected to further grow significantly.

This growth reflects the maturing digital wallet markets in the Asia Pacific region as well as the increasing usage of prepaid payment instruments in the United States. In Europe as well, the adoption of digital wallets is on the rise and will further continue over the next three to four years.

Firms are launching transit and retail prepaid card to drive their transaction value and volume

Travelers and consumers are looking for hassle-free payment solutions for their daily payments. Consequently, the number of transit and retail prepaid card launches has increased significantly around the world.

From the short to medium-term perspective, the publisher expects more such transit and retail prepaid card launches from fintech firms globally, as the demand for such solutions continues to grow among consumers.

Prepaid payment instrument providers are expanding their global footprint to accelerate growth

With the share of prepaid card payments expected to grow at a rapid rate over the next few years in the global market, providers are seeking to expand their international presence. For instance,

Cross-border collaborations are expected to further increase significantly over the next three to four years. The National Payments Corporation of India (NPCI) has already forged alliances with several markets in the global economy to launch UPI payment services for Indians traveling abroad. The United Kingdom and France are among the countries that have already launched UPI services in their markets through a strategic collaboration with NPCI.

This title is a bundled offering, combining one global and 20 country reports:

Scope for Each Report

Digital Wallet Market Size and Forecast

Digital Wallet Market Size and Forecast by Key Segments

Prepaid Card Industry Market Attractiveness

Market Share Analysis by Functional Attributes - Open Loop vs. Closed Loop

Market Share Analysis by Prepaid Card Categories

Open Loop Prepaid Card Future Growth Dynamics

Closed Loop Prepaid Card Future Growth Dynamics

General Purpose Prepaid Card Market Size and Forecast

Gift Card Market Size and Forecast

Gift Card Market Size and Forecast by Functional Attribute

Gift Card Market Size and Forecast by Consumer Segments

Gift Card Market Share Analysis by Retail Categories

Gift Card Market Share Analysis by Gifting Occasion

Gift Card Market Share Analysis by Purchase Location

Entertainment and Gaming Prepaid Card Market Size and Forecast

Teen and Campus Prepaid Card Market Size and Forecast

Teen and Campus Prepaid Card Market Size and Forecast by Functional Attribute

Business and Administrative Expense Prepaid Card Market Size and Forecast

Business and Administrative Expense Prepaid Card Market Size and Forecast by Consumer Segments

Payroll Prepaid Card Market Size and Forecast

Payroll Prepaid Card Market Size and Forecast by Consumer Segments

Meal Prepaid Card Market Size and Forecast

Meal Prepaid Card Market Size and Forecast by Consumer Segments

Travel Forex Prepaid Card Market Size and Forecast

Travel Forex Prepaid Card Market Size and Forecast by Consumer Segments

Transit and Tolls Prepaid Card Market Size and Forecast

Healthcare and Wellness Prepaid Card Market Size and Forecast

Social Security and Other Government Benefit Programs Prepaid Card Market Size and Forecast

Fuel Prepaid Cards Market Size and Forecast

Utilities, and Other Prepaid Cards Market Size and Forecast

For more information about this report visit https://www.researchandmarkets.com/r/akcy78

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]    

For E.S.T Office Hours Call +1-917-300-0470 
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1904
Fax (outside U.S.): +353-1-481-1716 

Logo:  https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg 



SOURCE Research and Markets


These press releases may also interest you

at 11:27
Fannie Mae Announces Results of Tender Offer for Any and All of Certain CAS Notes
Fannie Mae today announced the results of its fixed-price cash tender offers (each, an "Offer" and, collectively, the "Offers") for any and all of certain Connecticut Avenue Securities® (CAS) Notes listed in the table below (the "Notes") upon the...

at 11:19
Visit Myrtle Beach Announces New Sensory-Friendly Children's Book and Expands Autism-Friendly Initiatives
Visit Myrtle Beach has announced the upcoming availability of their new children's book, titled "Splish, Splash, Squawk! Finding Joy in a Sensory-Friendly Vacation." In partnership with author and illustrator Lynda Farrington Wilson, the book is...

at 11:18
S&P Global Mobility: April auto sales to sustain spring volume push
S&P Global Mobility projects new light vehicle sales volume in April 2024 to reach 1.34 million units. While this unadjusted volume total would be a drop from both the month prior (down 7%) and year-ago (down 2%) levels, two fewer selling days than...

at 11:11
Latinas & Power Corp. Celebrates Successful Launch and Expansion of Latinas in Leadership Institute
Latinas & Power Corp. announced the successful launch and expansion of the Latinas in Leadership Institute (LiLi), a groundbreaking virtual program designed to empower Latina professionals and entrepreneurs in Connecticut, Massachusetts and beyond....

at 11:11
SkillSignal + Arcoro Partnership Introduces a New Era of Jobsite Safety
SkillSignal, a trailblazer in construction technology solutions, is excited to announce a strategic partnership with Arcoro, a leader in HR management solutions for Construction and high-risk industries. This collaboration marks a milestone in...

at 11:07
Century Complete Announces Grand Opening of New Home Sales Studio in Cape Coral
Century Communities, Inc. ?one of the nation's largest homebuilders, an industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2024?announced the grand opening of its...

More news about Business...


News published on and distributed by: