Latin America Prepaid Cards Market Report 2021-2025 - Online Gaming and Entertainment Segments Driving the Growth of the Prepaid Card Industry
Thursday, November 4, 2021
DUBLIN, Oct. 27, 2021 /PRNewswire/ -- The "Latin America Prepaid Cards Business and Investment Opportunities - Market Size and Forecast (2016-2025), Consumer Attitude & Behaviour, Retail Spend, Market Risk" report has been added to ResearchAndMarkets.com's offering.
https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
In recent years, the adoption of prepaid cards has surged significantly in Latin America.
The growing adoption of the prepaid card is primarily attributed to the innovative FinTech firms that are offering digital payment solutions to the unbanked population in the region, which is one of the largest globally. For instance, only three out of 10 internet users in Mexico have access to digital financial services.
Along with the higher percentage of the unbanked population, the growing e-commerce industry and the global pandemic-induced restrictions have also resulted in the rising usage of prepaid cards in Latin America. With this growing adoption of prepaid cards, FinTech firms in the region are expanding their presence across the region to expand their market share.
For instance, Argentina-based FinTech firm, Uala provides consumers with prepaid cards managed to issue 100,000 debit cards within five months of its launch in Mexico in 2021.
The Central Bank of Brazil is allowing cross-border purchases using prepaid payment accounts:
In September 2020, the Central Bank of Brazil introduced the use of prepaid payment instruments in Brazilian reais to complete the purchase of foreign goods and services through e-wallets. According to the Bank, the introduction of new regulation will enable conversion to the foreign exchange amounts in reais immediately, therefore, allowing consumers to quickly know the cost of their intended purchase.
Online gaming and entertainment segments driving the growth of the prepaid card industry in Latin America:
Social distancing norms and home isolation needs made consumers spend more time on indoor entertainments activities such as gaming and streaming and changed their ways of giving and using prepaid cards. With people spending more time playing games, the global pandemic resulted in the growing usage of gaming prepaid and gift cards in Latin America over the last four to eight quarters.
Reasons to buy:
-- In-depth understanding of prepaid card market dynamics: Understand
market opportunity, industry dynamics, key trends and drivers across 75+
market segments and sub-segments of prepaid cards in countries.
-- Develop market specific strategies: Identify growth segments and target
specific opportunities to formulate your prepaid cards strategy; assess
market specific key trends, drivers and risks in prepaid cards industry.
-- Get insights into consumer attitude and behaviour: Understand changing
consumer attitude and behaviour and boost ROI. Get detailed insights
into retail spend through prepaid cards.
Scope:
Prepaid Card Industry Market Attractiveness
-- Load Value Trend Analysis
-- Transaction Value Trend Analysis
-- Transaction Volume Trend Analysis
-- Average Value per Transaction
-- Number of Cards
Market Share Analysis by Functional Attributes - Open Loop vs. Closed Loop, 2016 - 2025
Open Loop Prepaid Card Future Growth Dynamics, 2016 - 2025
-- Transaction Value Trend Analysis
-- Transaction Volume Trend Analysis
-- Average Value per Transaction
-- Number of Cards
Closed Loop Prepaid Card Future Growth Dynamics, 2016 - 2025
-- Transaction Value Trend Analysis
-- Transaction Volume Trend Analysis
-- Average Value per Transaction
-- Number of Cards
Prepaid Card Consumer Usage Trends
-- By Age Group
-- By Income Group
-- By Gender
General Purpose Prepaid Card Market Size and Forecast
Gift Card Market Size and Forecast by Functional Attribute
-- By Open Loop Gift Card
-- By Closed Loop Gift Card
Gift Card Market Size and Forecast by Consumer Segments
-- By Retail Consumer Segment
-- By Corporate Consumer Segment
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 by Functional Attribute
-- By Open Loop Teen and Campus Prepaid Card
-- By Closed Loop Teen and Campus Prepaid Card
Business and Administrative Expense Prepaid Card Market Size and Forecast by Consumer Segments
-- By Small Scale Business Segment
-- By Mid-Tier Business Segment
-- By Enterprise Business Segment
-- By Government Segment
Payroll Prepaid Card Market Size and Forecast by Consumer Segments
-- By Small Scale Business Segment
-- By Mid-Tier Business Segment
-- By Enterprise Business Segment
-- By Government Segment
Meal Prepaid Card Market Size and Forecast by Consumer Segments
-- By Small Scale Business Segment
-- By Mid-Tier Business Segment
-- By Enterprise Business Segment
-- By Government Segment
Travel Forex Prepaid Card Market Size and Forecast by Consumer Segments
-- By Retail
-- By Small Scale Business Segment
-- By Mid-Tier Business Segment
-- By Enterprise Business Segment
-- By Government Segment
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/o8cvey
Media Contact:
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
View original content:https://www.prnewswire.com/news-releases/latin-america-prepaid-cards-market-report-2021-2025---online-gaming-and-entertainment-segments-driving-the-growth-of-the-prepaid-card-industry-301409960.html
SOURCE Research and Markets
|
|
|
|
|
 |
Identiv Completes Thailand Manufacturing Transition, Unlocking Next-Generation Multicomponent Manufacturing for Advanced IoT Solutions | Jan 22, 2026
|
|
Truvista Fiber Acquires SlyTel | Jan 22, 2026
|
|
New Report Names States Most Vulnerable to Holiday Scams | Jan 22, 2026
|
|
Healthcare Industry Executives are Likely to be Personal Targets of Cybercrime | Jan 22, 2026
|
|
Android Mobile Adware Surges in Second Half of 2025 | Jan 22, 2026
|
|
Breakthrough Progress: METiS TechBio Publishes Consecutive Research Findings in Nature Communications and the Journal for ImmunoTherapy of Cancer | Jan 22, 2026
|
|
Guardz 2025 SMB Cybersecurity Report: Nearly 50% of U.S. Small Businesses Have Been Hit by Cyber Attack | Jan 22, 2026
|
|
pgEdge Announces pgEdge Agentic AI Toolkit for Postgres | Jan 22, 2026
|
|
Global Cyber Alliance Identifies Five Cybersecurity Forces That Defined 2025 - And Will Shape 2026 | Jan 22, 2026
|
|
LG ELECTRONICS INTRODUCES 2026 LG GRAM LINEUP ELEVATED BY AEROMINUM | Jan 22, 2026
|
|
|
