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Prepaid Credit & Debit Card Providers in the US Industry Data and Analysis
Prepaid credit and debit card providers have displayed volatility during the current period. The disruptions at the onset of the period due to the pandemic caused state and local governments to shut down businesses to stop the spread of the virus. Some individuals lost their jobs and couldn't get government aid, so poverty rates rose. Since poor individuals are more likely to be unable to access traditional banking and credit cards, the increase in the poverty rate boosted demand for prepaid cards. However, the recovery in the economy in the latter part of the period has increased incomes, which have shifted revenue away from the industry and back toward traditional financial products. Also, the number of adolescents aged 10 to 19 has declined, hindering industry demand from the younger demographic and lower-income bracket.
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What's included in this industry analysis
IBISWorld's research coverage on the Prepaid Credit & Debit Card Providers industry in the United States includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released June 2025.
About this industry
What's this industry report about?
The Prepaid Credit & Debit Card Providers industry in the United States operates under the NAICS industry code OD5742. This industry includes companies that issue preloaded, open-loop credit and debit cards to consumers for making purchases. The industry doesn't include electronic benefits transfer (EBT) cards or closed-loop, store-branded gift cards. Related terms covered in the Prepaid Credit & Debit Card Providers industry in the United States include open loop, closed loop, underbanked, electronic benefits transfer (ebt) and interchange fee.
What's included in this industry?
Products and services covered in Prepaid Credit & Debit Card Providers industry in the United States include Card fees, Cash transfer and reload services and Interchange fees.
What companies are included in this industry?
The Prepaid Credit & Debit Card Providers industry in the United States is highly fragmented with no companies holding a market share greater than 5%.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Prepaid Credit & Debit Card Providers industry in the United States.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Prepaid Credit & Debit Card Providers industry in the United States.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Prepaid Credit & Debit Card Providers industry in the United States.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Prepaid Credit & Debit Card Providers industry in the United States. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
Companies
What's included in the Companies chapter?
The Companies chapter covers Key Takeaways, Market Share and Companies in the Prepaid Credit & Debit Card Providers industry in the United States. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Prepaid Credit & Debit Card Providers industry in the United States. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Prepaid Credit & Debit Card Providers industry in the United States. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Prepaid Credit & Debit Card Providers industry in the United States.
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Frequently Asked Questions
What is the market size of the Prepaid Credit & Debit Card Providers industry in the United States in 2026?
The market size of the Prepaid Credit & Debit Card Providers industry in the United States is $17.5bn in 2026.
How many businesses are there in the Prepaid Credit & Debit Card Providers industry in the United States in 2025?
There are 464 businesses in the Prepaid Credit & Debit Card Providers industry in the United States, which has declined at a CAGR of 3.9 % between 2020 and 2025.
How may import tariffs affect the Prepaid Credit & Debit Card Providers industry in the United States?
The Prepaid Credit & Debit Card Providers industry in the United States is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
How may export tariffs affect the Prepaid Credit & Debit Card Providers industry in the United States?
The Prepaid Credit & Debit Card Providers industry in the United States is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
Has the Prepaid Credit & Debit Card Providers industry in the United States grown or declined over the past 5 years?
The market size of the Prepaid Credit & Debit Card Providers industry in the United States has been declining at a CAGR of 0.5 % between 2020 and 2025.
What is the forecast growth of the Prepaid Credit & Debit Card Providers industry in the United States over the next 5 years?
Over the next five years, the Prepaid Credit & Debit Card Providers industry in the United States is expected to decline.
What does the Prepaid Credit & Debit Card Providers industry in the United States include?
Issuing prepaid debit and credit cards and Providing reloading services are part of the Prepaid Credit & Debit Card Providers industry in the United States.
How competitive is the Prepaid Credit & Debit Card Providers industry in the United States?
The level of competition is high and increasing in the Prepaid Credit & Debit Card Providers industry in the United States.
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