Friday, July 10, 2009

Prepaid Reloadable General Purpose Cards Expected to Reach 160 Billion USD in Latin America by 2015

This article in The Paypers discusses how the prepaid general-purpose reloadable cards are expected to reach about 160 billion USD in Latin America by 2015. These mobile reloadable cards are usually connected to mobile and utility services that allows consumers to pay for electricity bills via SMS texting, the internet, and by other means. What are some companies that are beginning to take advantage of this trend?

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