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The pre-paid market is a growing area of business for payment networks, processors, and issuers alike. Pre-paid is currently going through an evolution phase. Not long ago the deployment of a pre-paid card with simple fund loading capabilities was relatively common practice. The current market is focused on extending functionality by adding value through additional services and an overall enhancement of the user experience, in turn increasing pre-paid appeal and target markets.
This report looks into the latest trends in adoption, the reasons for functional improvements and how, if at all, this is affecting the future of pre-paid adoption and deployment. This report provides coverage and detailed data of both open and closed loop applications used within the government, retail, corporate and campus, and general purpose markets, providing forecast analysis and comparison between open and closed loop solutions.