New Released 2016: Global Prepaid credit card Market Analysis, Statistics, Industry Reviews and Forecast 2021
Prepaid credit cards though termed so, are not exactly credit cards, as they provide no credit to the cardholder. The card allows the customers to spend money that they have already deposited in the account concerned.
These cards are powered by MasterCard, Visa, American Express, etc., making them acceptable at cash counters. As per Mercator Advisory Group, consumers deposited almost $28.6 billion in Prepaid credit cards in the year 2009 and this amount is estimated to reach $168 billion by 2015. Large number of credit card consumers are been shifting towards prepaid cards as per recent surveys.
Proper handling of cash and managing expenditure is a primary factor for consumers choosing prepaid cards over credit cards. However, lack of real credit granted by the card providing financial institutions is a major restraining factor.
Get Free Sample Report Of Prepaid credit cards Market @ http://www.marketresearchstore.com/report/world-prepaid-credit-card-market-opportunities-and-68351#RequestSample
About Market Research Store
Market Research Store is a single destination for all the industry, company and country reports. We feature large repository of latest industry reports, leading and niche company profiles, and market statistics released by reputed private publishers and public organizations. Market Research Store is the comprehensive collection of market intelligence products and services available on air. We have market research reports from number of leading publishers and update our collection daily to provide our clients with the instant online access to our database. With access to this database, our clients will be able to benefit from expert insights on global industries, products, and market trends.
3422 SW 15 Street, Suit #8138,
Deerfield Beach, Florida 33442, USA
USA Tel: +1-386-310-3803
GMT Tel: +49-322 210 92714
USA/Canada Toll Free No.1-855-465-4651