A review of prepaid card trends reveals why more and more consumers are looking beyond credit cards and debit cards and turning to prepaid cards as a preferred payment option. For starters, consumers are increasingly comfortable using prepaid cards—especially for online shopping. Consumers also value gift cards that offer wide acceptance while employees enjoy the fact that prepaid cards allow them to get paid faster. In addition, transit prepaid cards provide potential savings and encourage increased ridership. All in all, prepaid card benefits are attractive to consumers as usage continues to steadily grow.
The information provided herein is sponsored by Discover® Global Network. It is intended for informational purposes, and is not intended as a substitute for professional advice.