Friday, June 04, 2004 1:09:46 AM
They are at the right place at the right time.
"By 2006, the US stored-value (prepaid) card market will be worth USD 290 billion, and will realize over USD 4 billion in revenues to service providers."
- Financial Insights
"Prepaid debit cards in the US will rise from 6.2 million in 2003, to almost 40 million by 2007."
- Pelorus Group
"The unbanked and underbanked sectors’ is representing nearly 33 million US households."
- Celent Communications
"Another growth area is in prepaid card products, such as payroll cards, gift cards, and money transfer cards...the global market opportunity for prepaid products stands at over USD $2 trillion."
- Visa International
"Over 2.4 billion ATMs to be deployed globally by 2006, versus 1.2 billion today."
- Celent Communications
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