Thursday, February 17, 2011
The consultancy expects that the "Germanic region" of Europe, along with the U.K., France and Italy will collectively represent about 65 percent of spending on prepaid cards in the market in 2017; additionally, closed- and open-loop gift cards will remain the most popular card products in the region, as they will make up about 23 percent of the market.
Two other segments – general purpose, network-branded, reloadable prepaid cards used for online purchasing and corporate cards used for travel and food expenses – will account for nearly 30 percent of the market by 2017, PSE Consulting noted.
The Green Sheet Inc. is now a proud affiliate of Bankcard Life, a premier community that provides industry-leading training and resources for payment professionals. Click here for more information.
Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.