DUBLIN, Jan 18, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "13th Annual U.S. Closed-Loop Prepaid Cards Market Forecasts, 2016-2019" report to their offering.
13th Annual U.S. Prepaid Cards Market Forecasts, 2016-2019 provides an analysis of the growth and development of the prepaid cards industry through 2019. The report examines load, growth, and market dynamics in the United States across all prepaid segments.
The author's forecast report identifies key segments that will continue to undergo declining loads over the next few years as well as those that should see growth. The economy, politics, and consumer behavior will all influence which segments grow and which decline.
"The fundamental business proposition of prepaid cards as a valuable payments tool continues to be strong. Nonetheless, prepaid providers should be evaluating their businesses and looking for ways to diversify," Ben Jackson, director of Prepaid Advisory Service, and author of the report, comments.
Highlights of the report include:
- The results of the U.S. elections and the changes coming in the federal government could benefit some closed-loop prepaid segments and harm others, but a level of uncertainty remains for the industry.
- The author has decided to count the TANF category differently this year and has dropped prepaid long distance from its coverage. The reasons for these changes are explained in more detail in the sections covering those respective segments.
- The author forecasts that growth in the closed-loop prepaid loads in the United States will be 2% through 2018, reaching a total of $312 billion.
- The Store Credits (Returns) will decline through 2019 as consumer shopping and payments behavior changes the way returns are handled.
- The author forecasts slow growth across all segments, but several segments could see faster growth depending on macroeconomic factors.
- Energy prices will affect the Petroleum and Utilities segments and could drive loads in those segments up or down.
- Tolls and Transit loads will be influenced by infrastructure spend and gas prices as well.
- Nutritional Assistance, Incentives, Benefits, and Campus card loads will be affected by government policy, including tax law changes, funding for programs, and general regulatory requirements.
Key Topics Covered:
1. Executive Summary
3. Business Time and Expense Category (Closed-Loop)
4. Campus (Closed-Loop)
5. Digital Content Category
6. In-Store Gift Card Category (Closed-Loop)
7. Government Category (Closed-Loop)
8. Payroll and Benefits Category
9. Petroleum Category
10. Utilities Category
11. Telecoms Category
For more information about this report visit http://www.researchandmarkets.com/research/9lm7dv/13th_annual_u_s
Research and Markets
Laura Wood, Senior Manager
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/us-312-billion-closed-loop-prepaid-cards-market-2016---analysis--market-forecasts-to-2019---research-and-markets-300392835.html
SOURCE Research and Markets