Wednesday, April 7, 2010

Prepaid market falls then rebounds in 2009

The prepaid industry fell in 2009, but began to rebound by the end of the year. US consumer usage fell from 61% from 66% earlier in the year.

According to Mary Monahan, managing partner and research director of Javelin, "Lower costs and enhanced functionality are luring consumers back and boosting the volume and dollar value of cards they purchase."

Read the full article here.

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