STORED
VALUE: Drilling Down On Open Loop Opportunities
Open
loop stored value products have enjoyed rapid growth in recent years in
the form of prepaid debit cards and gift cards.
These products are tools that have allowed innovators to meet
ongoing market needs for enhancements in the way people pay for goods and
services. Indeed, stored value
has the potential to include tens of millions of adults who have been
excluded from the e-commerce revolution because they do not have access to
credit or banking facilities, but who have $1.1 trillion of income.
The implications reverberate across industry segments.
Some estimates suggest open loop stored value transactions could
exceed $1 trillion in not so many years.
A $1 trillion opportunity… how soon will that be… what are the
challenges and opportunities as existing players struggle to shift from
one mode of payment transaction to another?
The
evolution of the payment process is very much continuing.
Rapid advances in information technology and mobile communications
will continue to enable innovators to make changes to the way individuals
purchase and pay for goods and services.
Open loop stored value solutions will play a key role in
transforming how financial institutions interact with their customers.
The relationship between banks, merchants, and individuals is
dynamic, and will continue to evolve and change, sometimes fundamentally,
over the next five years and beyond. The
role of open loop stored value cards in facilitating emerging customer
payment needs will be surprising to many industry observers.
The
focus of this report is open loop stored value solutions.
It provides an overview of the U.S. open loop stored value market
and delves into applications, history and technology, major players, and
market projections. Nobody studies the emerging stored value market more consistently or
passionately than The PELORUS Group.
For three decades we’ve been a leader in identifying, analyzing
and projecting forward where the different prepaid markets are headed, as
well as what the ramifications to industry participants will be.
We pull no punches. Our
thought-provoking assessments are hailed as cogent exercises in realistic
market evaluation. Organizations
around the world tap into our prepaid expertise. “Stored
Value: Open Loop Markets” is an exclusive report, offering
unprecedented depth and a bold strategic perspective. Its
insights and recommendations build upon years of hands-on research into
the rapidly changing credit/debit card landscape. The
latest entry in a series of landmark prepaid studies from The
PELORUS Group, “Stored Value: Open
Loop Markets” may very well be the most provocative such study to
date.
All
market forecasts are through the year 2011
Price $2,995.00 US
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