Global Prepaid Card and Digital Wallet Market Intelligence: Across Over 20 Data-Driven Reports

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Mar 25, 2024, 20:45 ET

DUBLIN, March 25, 2024 /PRNewswire/ -- The "Global Prepaid Card and Digital Wallet Market Intelligence Databook Subscription - Q1 2024" report has been added to ResearchAndMarkets.com's offering.

This report provides a detailed data centric analysis of prepaid payment instruments, covering spend through prepaid cards and digital wallets across retail and corporate consumer segments. In addition, it provides a snapshot of consumer behaviour and retail spend dynamics in Global. With over 100 KPIs at country level, this report provides comprehensive understanding of prepaid card and digital wallet card market dynamics.

The global prepaid card ecosystem has been growing rapidly amid surging digitalization. Driven by the Covid-19 outbreak and the subsequent rise of fintech firms have supported the adoption of prepaid payment instruments among consumers globally. The rising e-commerce shopping trends have also assisted prepaid card transaction value and volume growth, and the publisher expects the trend to further continue over the next three to four years.

In the global prepaid card market, more and more fintech firms have shifted their focus toward kids' and teens' banking. With many players seeking to tap into potential future consumers at an early age, the trend is projected to further expand from the short to medium-term perspective. Furthermore, fintech firms are also expected to raise capital from venture capital and private equity firms, as they seek to expand their presence in the global market.

Prepaid payment instruments are expected to dominate e-commerce payments globally

The use of prepaid payment instruments, including digital wallets, is growing in the e-commerce segment, especially in markets like India, where e-commerce and digital payments have ballooned over the last few years. From the short to medium-term perspective, this trend is expected to further grow significantly.

This growth reflects the maturing digital wallet markets in the Asia Pacific region as well as the increasing usage of prepaid payment instruments in the United States. In Europe as well, the adoption of digital wallets is on the rise and will further continue over the next three to four years.

Firms are launching transit and retail prepaid card to drive their transaction value and volume

Travelers and consumers are looking for hassle-free payment solutions for their daily payments. Consequently, the number of transit and retail prepaid card launches has increased significantly around the world.

From the short to medium-term perspective, the publisher expects more such transit and retail prepaid card launches from fintech firms globally, as the demand for such solutions continues to grow among consumers.

Prepaid payment instrument providers are expanding their global footprint to accelerate growth

With the share of prepaid card payments expected to grow at a rapid rate over the next few years in the global market, providers are seeking to expand their international presence. For instance,

Cross-border collaborations are expected to further increase significantly over the next three to four years. The National Payments Corporation of India (NPCI) has already forged alliances with several markets in the global economy to launch UPI payment services for Indians traveling abroad. The United Kingdom and France are among the countries that have already launched UPI services in their markets through a strategic collaboration with NPCI.

This title is a bundled offering, combining one global and 20 country reports:

Global Prepaid Card and Digital Wallet Business and Investment Opportunities Databook
Argentina Prepaid Card and Digital Wallet Business and Investment Opportunities Databook
Australia Prepaid Card and Digital Wallet Business and Investment Opportunities Databook
Brazil Prepaid Card and Digital Wallet Business and Investment Opportunities Databook
Canada Prepaid Card and Digital Wallet Business and Investment Opportunities Databook
China Prepaid Card and Digital Wallet Business and Investment Opportunities Databook
France Prepaid Card and Digital Wallet Business and Investment Opportunities Databook
Germany Prepaid Card and Digital Wallet Business and Investment Opportunities Databook
India Prepaid Card and Digital Wallet Business and Investment Opportunities Databook
Indonesia Prepaid Card and Digital Wallet Business and Investment Opportunities Databook
Italy Prepaid Card and Digital Wallet Business and Investment Opportunities Databook
Kenya Prepaid Card and Digital Wallet Business and Investment Opportunities Databook
Mexico Prepaid Card and Digital Wallet Business and Investment Opportunities Databook
Nigeria Prepaid Card and Digital Wallet Business and Investment Opportunities Databook
Philippines Prepaid Card and Digital Wallet Business and Investment Opportunities Databook
Russia Prepaid Card and Digital Wallet Business and Investment Opportunities Databook
South Africa Prepaid Card and Digital Wallet Business and Investment Opportunities Databook
Thailand Prepaid Card and Digital Wallet Business and Investment Opportunities Databook
United Arab Emirates Prepaid Card and Digital Wallet Business and Investment Opportunities Databook
United Kingdom Prepaid Card and Digital Wallet Business and Investment Opportunities Databook
United States Prepaid Card and Digital Wallet Business and Investment Opportunities Databook

Scope for Each Report

Digital Wallet Market Size and Forecast

Transaction Value Trend Analysis
Transaction Volume Trend Analysis
Average Value per Transaction

Digital Wallet Market Size and Forecast by Key Segments

Retail Shopping (Value, Volume, Avg. Value)
Travel (Value, Volume, Avg. Value)
Entertainment and Gaming (Value, Volume, Avg. Value)
Restaurant (Value, Volume, Avg. Value)
Recharge and Bill Payment (Value, Volume, Avg. Value)

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

Market Share Analysis by Prepaid Card Categories

Open Loop Prepaid Card Future Growth Dynamics

Transaction Value Trend Analysis
Transaction Volume Trend Analysis
Average Value per Transaction
Number of Cards

Closed Loop Prepaid Card Future Growth Dynamics

Transaction Value Trend Analysis
Transaction Volume Trend Analysis
Average Value per Transaction
Number of Cards

General Purpose Prepaid Card Market Size and Forecast

Gift 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

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

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

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

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

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/akcy78

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