U.S. Commercial Closed-Loop Prepaid Card Loads Fell in 2020
Tuesday, December 28, 2021
New research from Mercator Advisory Group shows which segments of the U.S. commercial closed-loop prepaid card market will grow and which will shrink through 2025.
BOSTON, Dec. 20, 2021 /PRNewswire-PRWeb/ -- Mercator Advisory Group's most recent report, Commercial Prepaid: U.S. Closed-Loop Market Review and Forecast, 2020-2025, provides total load estimates by commercial prepaid card category and reveals trends in the commercial closed-loop prepaid cards industry through 2025.
The pandemic has caused market changes which have negatively affected commercial closed-loop prepaid card loads in 2020. Certain closed-loop segments have been affected more than others and are forecast to rebound at different rates.
"Commercial closed-loop prepaid load values have decreased 10% in 2020. Overall, commercial closed-loop values are forecast to slightly lose market share against commercial open-loop load values into 2025. As the market continues to adapt to the ongoing COVID-19 pandemic, we forecast a rebound in certain category load values," states David Nelyubin, Senior Analyst at Mercator Advisory Group, and the author of the report.
Highlights of this report include:
-- U.S. commercial prepaid share of combined commercial card products, 2020
-- U.S. commercial closed-loop vs. open-loop load market share (2020-2025F)
-- U.S. commercial prepaid closed-loop loads by segment (2020-2025F)
-- Analysis of U.S. commercial closed-loop prepaid card segment share
trends
This report is 14 pages long and contains five exhibits.
Members of Mercator Advisory Group Prepaid Service have access to this report as well as the upcoming research for the year ahead, presentations, analyst access and other membership benefits.
Please visit us online at http://www.mercatoradvisorygroup.com.
For more information and media inquiries, please call Mercator Advisory Group's main line: 1-781-419-1700 or send email to media@mercatoradvisorgroup.com.
For free industry news, opinions, research, company information, and more, visit us at http://www.PaymentsJournal.com.
Follow us on Twitter @ http://twitter.com/MercatorAdvisor.
About Mercator Advisory Group
Mercator Advisory Group is the leading independent research and advisory services firm exclusively focused on the payments and banking industries. We deliver pragmatic and timely research and advice designed to help our clients uncover the most lucrative opportunities to maximize revenue growth and contain costs. Our clients range from the world's largest payment issuers, acquirers, processors, merchants and associations to leading technology providers and investors. Mercator Advisory Group is also the publisher of the online payments and banking news and information portal PaymentsJournal.com.
Media Contact
Karen Yetter, Mercator Advisory Group, 781-419-1700, kyetter@mercatoradvisorygroup.com
Twitter
SOURCE Mercator Advisory Group
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