According to Mercator Advisory Group, the prepaid market will continue to grow - in 2012, roughly 12 million Americans used a prepaid card at least once a month and collectively loaded $65 billion to their accounts – double the amount loaded just three years prior. Those figures rose to 23 million users loading $76.7 billion in 2014. … Continue reading Harnessing the Prepaid Market Growth with New Processing Platform Features
Category: Prepaid
PayBefore.com – FDIC Study: Unbanked Rate Drops; Prepaid, Mobile on Rise
The number of households without bank accounts fell to its lowest level since the FDIC first began conducting its biannual survey in 2009. Seven percent of U.S. households were unbanked last year, according to the FDIC’s 2015 National Survey of Unbanked and Underbanked Households, released Oct. 20. That percentage dropped from 7.7 percent in 2013 and 8.2 percent in 2011. … Continue reading PayBefore.com – FDIC Study: Unbanked Rate Drops; Prepaid, Mobile on Rise
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