Prepaid Cards - Global Strategic Business Report 2013-2018

Featuring Wal-Mart, Visa, Bancorp and Many Other Market Leaders


Dublin, Oct. 8, 2013 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/pf9ffl/prepaid_cards) has announced the addition of the "Prepaid Cards - Global Strategic Business Report" report to their offering.

This report analyzes the worldwide markets for Prepaid Cards in US$ Million by the following Segments: Closed Loop, and Open Loop. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Annual estimates and forecasts are provided for the period 2010 through 2018.

The report profiles 172 companies including many key and niche players such as AccountNow, Inc., ACE Cash Express, Inc., American Express Company, Axis Bank Limited, The Bancorp Bank, Blackhawk Network, Inc., Caxton FX Limited, Edenred S.A., Green Dot Corporation, InteliSpend Prepaid Solutions, LLC, Inter National Bank, Itz Cash Card Ltd., Kaiku Finance, LLC, MasterCard, Inc., MetaBank, Inc., Mint Technology Corporation, NetSpend Corporation, QwikCilver Solutions Private Limited, Travelex Group Limited, The Tyburn Group, Inc., Visa, Inc., The Western Union Company, Wal-Mart Stores, Inc., and WEX, Inc.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations I-1

Disclaimers I-2

Data Interpretation & Reporting Level I-2

Quantitative Techniques & Analytics I-2

Product Definitions and Scope of Study I-3

Closed Loop Prepaid Cards I-3

Open Loop I-3

II. Executive Summary

1. INDUSTRY OVERVIEW II-1

Prepaid Cards - Emerging into a Mainstream Market II-1

Impact of Economy Slowdown II-2

Current & Future Analysis II-2

Analysis by Geographic Region II-3

Analysis by Segment II-3

Banks Go the Prepaid Way II-3

Underbanked Consumers - Evolving as a Potential Market II-3

Prepaid Cards Enter the Upmarket II-4

Gaining Popularity among Millennials II-4

Prepaid Cards Offer Stiff Competition to Debit Cards II-4

Retailers Eye Gift Cards to Build Loyal Customers II-5

Prepaid Payroll Cards Expected to Witness Robust Growth II-5

Competitive Landscape II-5

Insight into the Prepaid Card Value Chain II-6

Program Managers II-6

Distribution Networks II-6

Reload Networks/Locations II-7

Card Issuing Banks II-7

Payment Networks II-7

Processors II-7

Prepaid Value Chain: Role and Revenue Driver by Category II-7

Challenges & Issues II-8

Dearth of Consumer Awareness - A Major Challenge II-8

Need for Regulatory Tabs II-8

Growing Need for Standardization II-9

2. PRODUCT OVERVIEW II-10

Definition II-10

Historical Background II-10

Typical Fees and Charges Applicable to Prepaid Cards II-11

Comparison between Credit Card, Debit Card, and Prepaid Card II-11

Segments II-12

Closed Loop II-12

Open Loop II-12

Types II-12

Gift Cards II-12

Payroll Cards II-13

Travel Cards II-13

Transportation Cards II-13

Incentive/Reward Cards II-14

Teen Cards II-14

Government Disbursement Cards II-14

Advantages II-15

Disadvantages II-15

3. PRODUCT LAUNCHES/INTRODUCTIONS II-17

Life Gift Cards Unveils Life Gift Card for Mammograms II-17

Dhanlaxmi Bank Rolls Out Dhanlaxmi Bank Gift Card II-17

Intuit Launches Intuit GoPayment Prepaid Visa Card II-17

DCB and Itz Cash Card Roll Out Freedom Prepaid Card II-18

Grupo Pão de Acúcar and epay Introduce First Gift Card Mall Program in Brazil II-18

IDBI Bank Unveils IDBI Bank Global Currency Card II-19

Banc ABC Unveils VISA Prepaid Card II-19

Vantiv Introduces Vantiv GPR Program II-19

The Tyburn Group Introduces FlexClear Prepaid MasterCard II-19

MasterCard Worldwide Unveils DXB Connect Airport Prepaid Card II-20

The American Federation of Musicians Introduces FM Union Plus Visa Prepaid Card II-20

Blueberry Card Services and Transact Network Launch

Cashbackcard.com MasterCard® II-21

Young Money Entertainment and ACCENT InterMedia Launch Young

Money Prepaid Discover® Card II-21

Incentive CardLab Expands Portfolio with Addition of E-gift and Retail Store Cards II-21

QwikCilver Solutions Collaborates with Hidesign to Introduce

Hidesign Gift Cards II-22

Coopera Consulting and The Members Group Launch Coopera Card for Hispanic Community II-22

Rixty Introduces Custom Game Cards II-22

Andhra Bank Introduces Prepaid International Travel and Gift Cards II-23

CrediMax Launches Prepaid Cards II-23

American Express Introduces Prepaid Gift Card in India II-23

Dhanlaxmi Bank Unveils Forex Card II-23

Bangalore Metro Rail Introduces Travel Cards II-24

Ceridian Stored Value Solutions Introduces SVS B2B Gift Card Portal II-24

Ryanair Introduces Ryanair Cash Passport II-24

Neteller Unveils Neosurf Prepaid Card II-24

Wolfe Rewards & Loyalty Introduces SelectSpend Discover Reward Cards II-25

Think Big Digital to Unveil BIG Prepaid Card Services and

Customer Loyalty Program II-25

BBVA Compass Unveils SafeSpend Card II-25

HDFC Bank Introduces Three Travel Credit Cards II-26

InComm Introduces POSA Technology for Prepaid Cards II-26

Caxton FX Launches Visa Prepaid Cards II-26

BSNL to Unveil Trust Card to Make Transactions via Mobile and

Websites II-26

Global Payout Offers Payroll Debit Card for Military Personnel II-26

Titan Eye Plus Introduces Gift Cards II-27

Global Blue Turkey, Garanti Bank and MasterCard Launch Tax

Free Prepaid Card II-27

PXT Payments Introduces PXT Money™ App and Transaction

Settlement System II-27

Axis Bank Introduces MY MONEY CARD II-28

SelectCore Introduces ReCash Cash Reload Network II-28

Club América Unveils Club América Prepaid MasterCard® Card II-28

InteliSpend Prepaid Solutions to Launch InteliSpendTM Wellness Prepaid Card II-29

Catalina Card Services Introduces InFusion Prepaid MasterCard Card II-29

Orange UK Unveils Orange Cash Card II-29

Axis Bank Introduces India Travel Card II-30

EMKE Group Launches My Card II-30

Performance Benefits Unveils eZpay® Prepaid Payroll Card II-30

ASTRA BANK Launches Dreamcard Salary II-30

Global Cash Card Launches GEM Program II-31

Accor Services Launches Premium Payroll MasterCard II-31

4. RECENT INDUSTRY ACTIVITY II-32

Brightwell Payments Takes Over Directo II-32

CPI Card Group Takes Over Operating Assets of ID Data Cards II-32

GiftCardLab.com Takes Over 1-800-GIFTCARD.com II-33

AccountNow Acquires nFinanSe II-33

Universal Vision Group Inks Agreement with Webteh II-33

Wright Express Inks Definitive Agreement to Take Over Fleet One II-33

InComm Inks Agreement with SkyMall Ventures II-34

National Community Tax Coalition Selects Net Spend Holdings for Prepaid Card Services II-34

FleetCor Technologies Takes Over AllStar Business Solutions II-34

Green Dot Acquires Bonneville Bancorp II-35

Blackhawk Network Takes Over Cardpool II-35

SVM Takes Over GiftZip.com II-35

Wolfe Snaps Up Echelon Media II-36

Western Union Takes Over Global Business Payments Division of Travelex Holdings II-36

NIS Holdings Takes Over Alpha Card Technology II-37

Total System Services Acquires First National Merchant Solutions II-37

Wright Express Takes Over Assets of rapid! PayCard II-37

Fiserv Takes Over Maverick II-37

PCMI Collaborates with TFG Card Solutions II-38

SYSCAN Technology Holdings Enters into Sale and Purchase Agreement with Country Praise Enterprises II-38

Fiserv and Sunrise Community Banks Ink Agreement II-38

VoiceTrust Enters into Strategic Partnership with Commercial Bank of Dubai II-39

Mobistar and Colruyt Ink Mobile Virtual Network Operator Agreement II-39

Triton Systems of Delaware Signs Agreement with Better ATM

Services® II-39

QwikCilver Solutions Unveils Giftbig.com Online Gift Card Store II-40

Western Union Inks Prepaid Agreement with 7-Eleven II-40

Citigroup Expands Commercial Card and Prepaid Services Division into New Markets in EMEA II-41

MMR Global Partners with UST Global to Provide Prepaid Personal Health Record II-42

ModusLink Global Solutions Enters into Partnership with extrameasures II-42

Apex® Payroll Selects ReadyFUND$ Premier Access® MasterCard® Payroll Card II-42

Pitney Bowes Selects CompuPay to Provide Pitney Bowes SmartWage Payroll II-43

NetSpend and Blackhawk Network Ink Distribution Agreement II-43

FISTM and Sodexo Motivation Solutions Ink Multi-Year Agreement II-43

China Eastern Airlines and China UnionPay Ink Cooperation Agreement II-43

InComm Signs Agreement with Unik II-44

Telemundo Inks Agreement with Western Union II-44

U.S. Bank and Multi Service Ink Agreement II-44

AccountNow Launches AccountNow Prepaid Visa Card with Pay As You Go Feature II-45

Zynga Game Network and Mentez Enter into Partnership II-45

The Western Union Company Inks Agreement with InComm II-45

LifeNexus Forms Partnership with TxVia II-46

MasterCard Acquires Prepaid Card Program Management Business of Travelex II-46

Flint Telecom Group Acquires Ingedigit International and

Gotham Ingedigit Financial Processing II-47

Fifth Third Processing Solutions Takes Over Springbok Services II-47

Wright Express to Take Over Prepaid and Fleet Card Businesses of ReD Australia II-47

InComm Takes Over GroupCard.com II-48

American Express Acquires Revolution Money II-48

Carta Solutions Inks Agreement with Mint Technology II-48

Veritec Inks Agreement with PreVay II-48 rapid! PayCard Inks Strategic Alliance with PenSoft II-49

C3 Inks Agreement with Workers Equity Holding II-49

C3 Inks Agreement with Mashreq II-49

Mint to Acquire Majority Stakes in Waseela II-50

5. FOCUS ON SELECT GLOBAL PLAYERS II-51

AccountNow, Inc. (US) II-51

ACE Cash Express, Inc. (US) II-51

American Express Company (US) II-51

Axis Bank Limited (India) II-51

The Bancorp Bank (US) II-52

Blackhawk Network, Inc. (US) II-52

Caxton FX Limited (UK) II-53

Edenred S.A. (France) II-53

Green Dot Corporation (US) II-53

InteliSpend Prepaid Solutions, LLC (US) II-54

Inter National Bank (US) II-54

Itz Cash Card Ltd. (India) II-54

Kaiku Finance, LLC (US) II-55

MasterCard, Inc. (US) II-55

MetaBank, Inc. (US) II-55

Mint Technology Corporation (Canada) II-56

NetSpend Corporation (US) II-56

QwikCilver Solutions Private Limited (India) II-56

Travelex Group Limited (UK) II-57

The Tyburn Group, Inc. (US) II-57

Visa, Inc. (US) II-57

The Western Union Company (US) II-58

Wal-Mart Stores, Inc. (US) II-58

WEX, Inc. (US) II-59

6. GLOBAL MARKET PERSPECTIVE II-60


III. MARKET

1. THE UNITED STATES

2. CANADA

3. JAPAN

4. EUROPE

5. ASIA-PACIFIC

6. LATIN AMERICA

7. REST OF WORLD

IV. COMPETITIVE LANDSCAPE

Total Companies Profiled: 172 (including Divisions/Subsidiaries - 176)

  • The United States (98)
  • Canada (5)
  • Europe (25)
  • - France (1)
  • - Germany (1)
  • - The United Kingdom (16)
  • - Rest of Europe (7)
  • Asia-Pacific (Excluding Japan) (33)
  • Latin America (2)
  • Middle East (13)

For more information visit http://www.researchandmarkets.com/research/pf9ffl/prepaid_cards

Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Cards