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Prepaid Card Market

the Global market is projected to reach USD XX Trillion with a CAGR of XX% during the forecast period 2018 to 2025.
Global Prepaid Card Market expected to reach USD XX Trillion by 2925
Prepaid card Market Overview:
Prepaid card can be used by the persons who donot have any bank accounts. These cards are recharged
at stores, and one can use only the amount loaded previously. By 2025, the Global market is projected
to reach USD XX Trillion with a CAGR of XX% during the forecast period 2018 to 2025.
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Prepaid card Market Growth Drivers and Restraints:
Rise in demand for convenient mode of carrying money that is in cards is major factor driving the
demand of market. Increasing middle class economy where they do not have any bank accounts is
greatly influencing the growth of the market.
However, with growing concern towards privacy and safety matters, this market is facing declined
growth rate. Lack of proper knowledge over the accessibility of cards is also hindering the demand of
the prepaid cards market.
Growing disposable income in urban areas is ascribed to outshine the growth of the market. Rise in the
support from the government in launching various cards in favor to the common people is setting up
growth opportunities for the market.
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Prepaid card Market Geographical Analysis:
Regionally, the global prepaid card market is segmented into North America, Asia Pacific, Europe, and
Middle East and Africa. North America is leading with highest shares of the market by owing to rise in
the scale of government organizations where they are distributing these cards as gift for the employees.
Asia pacific and Europe are also ruling dominant shares of the market next to North America. Growing
awareness over the features of the prepaid cards and its benefits is fueling the growth rate of the
market in these regions. The Middle East and Africa is to have slight inclination in the growth rate in
near future.
KeyPlayers of the Prepaid card Market:
Some prominent players in the prepaid card market are American Express Company, Visa Inc.,
Mastercard Incorporated, PayPal Holdings Inc., Kaiku FinanceLLC, The Western Union Company, Green
Dot Corporation, NetSpend Holding Inc., JP Morgan Chase & Co., and AccountNow Inc.
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The Scope of the report:
This report offers the current product and services market evaluation and the future estimation of the
market. It helps us understand the market better through size anticipation and CAGR calculation to
estimate the next market. It has a broader segmentation for better understanding of the enterprising of
the market at a low level by segregating the market into smaller sectors.
About Us:
Market Data Forecast is a firm working in the areas of market research, business intelligence and
consulting. We have rich experience in research and consulting for various business domains to cater to
the needs of both individual and corporate clients.
For more information:
Abhishek Shukla
Sales Manager at Market Data Forecast
Email: [email protected]
Tel: +1–888–702–9626
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