Based on purchase volume in 2024, the 20 largest Visa, Mastercard and Discover brand prepaid card issuers are ranked here. As of December 31, 2024, this group had issued 435.1 million cards, up 1.3% from cards in circulation issued by the top 20 at year-end 2023. For the complete ranking, log in and download Issue 1291. Cards counted here include both reloadable products and those issued with a fixed monetary value.

Purchase volume generated by prepaid cards issued by the top 20 was $176.38 billion in 2024, a drop of 2.4% ...