Press Release

Prepaid Processing U.S. Market Set to Expand Globally -- What are the Challenges Laying Ahead?


April 15th, 2010

Global Information, Inc. would like to present a new market research report, "Going Global: Taking Prepaid Processing Abroad" by Mercator Advisory Group, Inc..

Attractive business opportunities await the U.S. market for prepaid products and applications as U.S. prepaid card processors plan to expand the scope of their market. The prepaid processing industry is currently planning, piloting and introducing various applications and products in different countries to meet local needs across the globe. According to Mercator Advisory Group: "As the U.S. prepaid business has matured, processors are looking abroad to find new business that can leverage their platform and expertise, but it would be a mistake to underestimate the challenges associated with prepaid processing in other countries."

This report provides guidelines that allow issuers, program managers and processors to develop an outline of key issues that must be addressed when planning to process prepaid cards in a foreign country. Mercator Advisory Groups report analyzes the prepaid card value chains in the US and abroad and compares the implications of the differences exhibited by those regions. Also included in this report is a discussion of costs related to entering new countries, platform readiness, contractual arrangements, regulatory issues, and infrastructure

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