CHECKING VS. PREPAID: Threat or Opportunity?

CHECKING VS. PREPAID
Download Sample Report Download Brochure
Purchase Report Purchase Report
Enterprise vs. Department
Webinar Companion webinar: Move over Checking Fees: New Prepaid Products Are Redefining the Space.
Contact Us Have a question?? Call us at (925) 271-2110 or email us
View Cart View Cart

Overview

The dynamics of the card-issuing business — and, in turn, those of the banking industry — have changed dramatically in recent years as an array of economic, regulatory, and governmental factors and initiatives have combined to drive expansion in the use of prepaid instruments as well as continued evolution in the payments business. This has led financial institutions to seek new ways to achieve profitability, encompassing alternatives such as product restructuring, staff downsizing, and innovations to traditional products and delivery. Two critical areas that have been directly affected include card issuing and the demand deposit account (DDA) relationship. This report evaluates selected prepaid products in the market today to determine how fees for bank prepaid products compare to those of non-bank prepaid products and also to compare prepaid fees to those of basic checking accounts.

 

Press Release: PREPAID CARDS OR TRADITIONAL CHECKING ACCOUNTS: WHAT IS THE BETTER CHOICE?

Recent Media Coverage:
PaymentsSource (May 8, 2013)
Prepaid Gains Acceptance; Kardashians a Bad—But Lingering—Memory


Primary Questions

  • What factors are encouraging the expansion of prepaid products in the U.S. market?
  • How do fees of bank prepaid cards compare with those offered by non-bank providers?
  • Does prepaid augment banks’ product lines or detract from traditional checking products?
  • How are bank prepaid products positioned with key demographic segments?
  • How competitively priced are prepaid cards when compared with basic checking account services?
  • What regulatory factors influence the prepaid market?

 

 

 

Companies Mentioned

American Express

MasterCard

Bancorp Bank

NetSpend

Bank of America

Plastyc

BB&T

PNC

Capital One

Regions Bank

Central Trust Bank

SunTrust

Citi

Synovus

Comdata

TD Bank

Comerica Bank

U.S. Bank

First California Bank

UMB Bank

GE Capital Retail

Visa

H&R Block

Webster Bank

JPMorgan Chase

Wells Fargo

MetaBank

 

 

Published Date: May 2013

Price: Department license - $1,750/ Enterprise license - $4,500

(38 pages; 25 charts/graphs)

Buy Now


Download Sample Report

Please fill out form to receive a copy of our 1310.P_B_Checking vs Prepaid Sample Report.

 

Download Sample Report
Please fill out form to receive a copy of our XXXXXXXX TITLE Sample Report.
First Name*
Last Name*
Title*
Company*
Email*
Phone*
City*
State or Province*
Country*