Prepaid Credit Card Market Will Be Massively Influenced By Macroeconomic Factors 2020-2025 | International Players - PayPal, Green Dot, NetSpend, H&R Block, American Express, JPMorgan Chase

Overview of Global Prepaid Credit Card Market:

This report provides in-depth study of “Global Prepaid Credit Card Market 2020” using SWOT analysis i.e. Strength, Weakness, Opportunities, and Threat to the organization. The Prepaid Credit Card Market report also provides an in-depth survey of key players in the market organization.

According to the market research study, introduction of internet technology in banking sector is expected to boost the demand for cashless transaction among banking customers. The Prepaid Credit Card is issued by a financial institution and performs the functions of a credit card except that a certain amount needs to be preloaded in account. The card holder can use the card for purchasing items till the preloaded amount gets finished. Prepaid credit card limits the borrowing of funds from the financial institution after preloaded amount is finished. The issuing of prepaid credit card does not require bank account of the card holder. Instead the amount is stored in a temporary bank account till the amount is fully used. This factor is expected to boost the adoption of prepaid credit card for non-bank account customers in coming years.

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Firstly, the report provides a basic overview of the Market including its definition, applications and manufacturing technology. Then, the report explores the international and Chinese major Market players in detail. In this part, the report presents the company profile, product specifications, capacity, production value, and 2020-2025 market shares for each company.

On the basis of Regional analysis, North America and Europe holds major share in global Prepaid Credit Card market. Moreover, Asia-Pacific is expected to record higher growth rate in Prepaid Credit Card Market during the forecast year.

In the end, the report makes some important proposals for a new project of Prepaid Credit Card Market before evaluating its feasibility. Overall, the report provides an in-depth insight of 2013-2025 global Prepaid Credit Card market covering all important parameters.

Global Key Vendors:

1 Green Dot Corporation

2 NetSpend Holdings

3 H&R Block

4 American Express Company

5 JPMorgan Chase

6 PayPal Holdings

7 BBVA Compass Bancshares

8 Mango Financial

9 UniRush

10 Kaiku Finance and More………………..

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Product Type Segmentation

1 Single-purpose Prepaid Card

2 Multi-purpose Prepaid Card

Industry Segmentation

1 Retail Establishments

2 Corporate Institutions

3 Government

4 Financial Institutions

International Business News:

PayPal (May 19, 2020) - PayPal Rolls Out QR Code Payments for a Touch Free Way to Buy and Sell In-Person - PayPal Holdings, Inc. (NASDAQ: PYPL) has today rolled out the ability to use QR Codes to buy and sell goods in 28 markets around the globe. From farmers markets to selling secondhand goods - the rollout of the QR code functionality in the PayPal app allows customers to buy or sell in-person, safely and securely, and touch free.

"We know that in the current environment, buying and selling goods in a health-conscious, safe and secure way is front of mind for many people around the world. As the coronavirus pandemic has evolved, we have seen a surge in demand for digital payments to transition to include new and safe solutions for in-person environments and situations," said John Kunze, Senior Vice President of Branded Experiences, PayPal. "Our rollout of QR codes for buyers and sellers incorporates the safety, security and convenience of using PayPal in person and enables ongoing social distancing requirements and safety preferences for in-person commerce."

Additionally, to continue PayPal's efforts in assisting our customers during this difficult period, for a limited time, we are waiving our standard seller transaction fees incurred on sales conducted using a QR Code.

Safely buying and selling touch free - from the farmer's market to selling secondhand goods:

Using the QR code functionality in the PayPal app is a quick and safe way to complete a transaction in-person utilizing a PayPal wallet, eliminating the need to handle cash. For example, customers who are selling items in-person at a farmer's market can print a QR code, place it on their table and have their consumers simply scan, enter the amount they're paying and send money immediately. This allows the seller to minimize physical interactions with the customer, while also limiting the customer's interaction with checkout technology. There is no technology to touch or purchase – just aim a smartphone camera at a QR Code that is printed or present on another screen.

PayPal is rolling this functionality out to 28 markets around the globe including: Australia, Austria, Belgium, Canada, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hong Kong, Hungary, Ireland, Italy, Latvia, Luxembourg, Malta, Netherlands, Portugal, Slovenia, Slovakia, Sweden, Switzerland, Spain, United Kingdom, and United States.

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Major Points in Table of Contents:

Global Prepaid Credit Card Market Report 2020

1 Prepaid Credit Card Product Definition

2 Global Prepaid Credit Card Market Manufacturer Share and Market Overview

2.1 Global Manufacturer Prepaid Credit Card Shipments

2.2 Global Manufacturer Prepaid Credit Card Business Revenue

2.3 Global Prepaid Credit Card Market Overview

2.4 COVID-19 Impact on Prepaid Credit Card Industry

3 Manufacturer Prepaid Credit Card Business Introduction

3.1 Green Dot Corporation Prepaid Credit Card Business Introduction

3.2 NetSpend Holdings, Inc. Prepaid Credit Card Business Introduction

3.3 H&R Block Inc. Prepaid Credit Card Business Introduction

3.4 American Express Company Prepaid Credit Card Business Introduction

3.5 JPMorgan Chase & Co. Prepaid Credit Card Business Introduction

3.6 PayPal Holdings, Inc. Prepaid Credit Card Business Introduction

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