Card usage has been ubiquitous across the U.S. for decades. The past decade has been a period of transformation in which consumers have access to multiple modes of receiving those cards, and customized, increasingly specific purpose cards are issued. How are different prepaid cards used, what are their average balances, and how are they distributed to consumers?
This report evaluates responses from U.S. consumers that use a variety of prepaid cards, specifically those issued or obtained through their employers. It is based on a Q2 2021 Datos Insights survey of 2,046 U.S. users of prepaid cards or buy now, pay later options.
Clients of Datos Insightsโ Commercial Banking & Payments or Healthcare Payments service can download this report.
This report mentions American Express, Discover, Mastercard, and Visa.
About the Author
Alijah Poindexter
Alijah Poindexter is a Senior Associate at Datos Insights, where he works with senior members of the Healthcare Payments and Commercial Banking & Payments groups on research, consultation, and advisory initiatives. Prior to joining Datos Insights, Alijah was associate editor at financial technology publication Bank Automation Newsย and has worked as a business and research analyst. He holds a BBA in...