Article

Top 25 US Prepaid Issuers

The 25 largest issuers of Visa, Mastercard and Discover brand prepaid cards are ranked here based on purchase volume in 2023. This group had issued 433.5 million as of December 31, 2023, a decline of 5.6% from cards in circulation issued by the top 25 in 2022. Cards include both reloadable products and those issued with a specific monetary value. Purchase volume generated by cards issued by the top 25 was $182.08 billion in 2023, a decline of 3.2% from 2022. That purchase volume was tied to 4.38 billion purchase transactions, a drop of 4.2% from 2022. The average purchase volume per card...

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August 2024
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