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BI Intelligence
The US prepaid card ecosystem is huge, with 10.7 billion prepaid card transactions made in 2016 reaching $290 billion. And it’s shifting focus from low-income, un- and underbanked consumers toward millennials and higher-income adults.
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See Also:
- Global merchant card acceptance grew 13% in 2017
- MoneyGram and Xoom have announced platform expansions
- China's central bank warns against going cashless
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