Content about Prepaid

August 7, 2012
Five Reasons Why Retailers Should Offer International Payment Services

By Merrick Theobald, iSend

By Merrick Theobald, info@isendonline.com

May 10, 2012
Family Dollar teams with NetSpend on new prepaid card agreement

NetSpend Holdings said it has entered into a distribution agreement with Family Dollar to sell the NetSpend Visa prepaid debit card at the discounter’s store locations nationwide.

Austin, Texas -- NetSpend Holdings said Thursday it has entered into a distribution agreement with Family Dollar to sell the NetSpend Visa prepaid debit card at the discounter’s store locations nationwide.

Family Dollar and NetSpend plan to make the prepaid cards available in more than 7,200 locations beginning this month, NetSpend officials said.
 

March 16, 2012
First Data issues report on gift card usage

The average gift card dollar volume growth on a year-over-year basis increased 10% during the last six months of 2011, with consumers shopping earlier in the holiday season for prepaid cards and adding more value to their purchases than in 2010, according to a study by First Data Corp.

New York -- The average gift card dollar volume growth on a year-over-year basis increased 10% during the last six months of 2011, with consumers shopping earlier in the holiday season for prepaid cards and adding more value to their purchases than in 2010, according to a study by First Data Corp.

December 12, 2011
InComm launches digital content and gaming destination at Best Buy Mexico

Prepaid product and transaction services company InComm said Monday that it has teamed with Best Buy Co. to launch a digital content and gaming destination at eight Best Buy stores in Mexico.

Atlanta -- Prepaid product and transaction services company InComm said Monday that it has teamed with Best Buy Co. to launch a digital content and gaming destination at eight Best Buy stores in Mexico.

Best Buy has partnered with InComm for nine years in the United States and this new offering represents a global expansion of the relationship.

The InComm prepaid destination includes digital content and gaming products such as iTunes, Play Station, Club Penguin, IMVU and Zynga.

November 15, 2011
American Express launches Target prepaid card

American Express announced that it has launched Target prepaid cards featuring email and text alerts.

New York City -- American Express announced Tuesday that it has launched Target prepaid cards featuring email and text alerts.

The cards, sold exclusively at Target stores, work like debit cards and can be reloaded with cash, and are usually marketed to lower-income consumers who don't have credit cards or checking accounts. Fees on cards can range widely depending on the issuer.

September 29, 2011
First Data report: Prepaid gift card market healthy at mid-year

According to a report released Thursday by First Data Corp., the prepaid gift-card market has remained healthy during the first half of 2011, despite a sluggish economy.

Atlanta -- According to a report released Thursday by First Data Corp., the prepaid gift-card market has remained healthy during the first half of 2011, despite a sluggish economy.

The 2011 Midyear Gift Card update showed that the gift card market experienced a higher rate of growth than U.S. consumer spending.

September 27, 2011
First Data Advisors reports on mid-year gift card performance

The prepaid gift card market remained healthy in the first half of 2011, experiencing a higher rate of growth than U.S. consumer spending despite the sluggish macroeconomic environment.

Atlanta -- The prepaid gift card market remained healthy in the first half of 2011, experiencing a higher rate of growth than U.S. consumer spending despite the sluggish macroeconomic environment. That’s one finding of a new analysis on the U.S. gift card market from First Data Advisors.

May 2, 2011
Target testing pre-paid card with American Express

Target has joined with American Express to offer a co-branded prepaid card that customers can reload and use at any store that accepts Amex cards, according to the Minneapolis/St. Paul Business Journal.

New York City -- Target has joined with American Express to offer a co-branded prepaid card that customers can reload and use at any store that accepts Amex cards, according to the Minneapolis/St. Paul Business Journal.

Target said in an e-mailed statement that it is selling the cards in a test at 100 stores in four cities: Chicago, Denver, Miami and Washington, D.C., the report said. The company said there is no projected end date.

November 15, 2010
First Data report: October prepaid card spend slowed

A report released Monday by payment solutions provider First Data Corp. found that year-over-year October dollar volume growth of activations of closed-loop prepaid cards was 2.7%, down from 8.9% year-over-year growth in September.

Atlanta -- A report released Monday by payment solutions provider First Data Corp. found that year-over-year October dollar volume growth of activations of closed-loop prepaid cards was 2.7%, down from 8.9% year-over-year growth in September.

The First Data SpendTrend Closed-Loop Prepaid Cards analysis tracks U.S. same-merchant activations, redemptions and reloads of merchant-branded prepaid cards, including spending, gift, incentive and promotional cards.

May 16, 2010
Walmart MoneyCard first to offer cash back on prepaid debit card

Walmart announced the first cash-back incentive for consumers using a prepaid debit card....

June 30, 2008
Credit Addictions

Spending money we don’t have. It’s a national habit. ...

June 30, 2008
Options for the Unbanked

Miami-based NovoPayment has partnered with Sambil Malls Group to introduce the Sambil Visa Gift...

April 30, 2008
Paper or Plastic?

Reloadable prepaid cards are the bank accounts of the future for a growing segment...

November 30, 2007
Regional Retailer Expands Prepaid Products

Convenience store retailer Stewart’s Shops, based in Saratoga Springs, N.Y., signed a multi-year agreement with...