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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.
See the rest of the story at Business Insider
See Also:
- Signet Jewelers has agreed to an $11M settlement for alleged fake accounts
- The People’s Bank of China still hasn't acknowledged Visa and Mastercard’s applications submitted over a year ago
- TSYS moves into point-of-sale with the launch of Vital POS
from Business Insider https://read.bi/2EM4aZd
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