Prepayment

Usio’s Prepaid Business Growth Trajectory Accelerating

Retrieved on: 
Thursday, August 6, 2020
Prepayment

SAN ANTONIO, Aug. 06, 2020 (GLOBE NEWSWIRE) -- Usio, Inc (Nasdaq: USIO ), an integrated electronic payment solutions provider, today provided an update on the growth of the Companys prepaid business.

Key Points: 
  • SAN ANTONIO, Aug. 06, 2020 (GLOBE NEWSWIRE) -- Usio, Inc (Nasdaq: USIO ), an integrated electronic payment solutions provider, today provided an update on the growth of the Companys prepaid business.
  • Our prepaid business has experienced phenomenal growth this year, with a key growth metric and a leading indicator of future revenue, total funds loaded onto cards, up 690% at July 31, 2020 compared to funds loaded onto cards as of the same point a year ago, commented Louis Hoch, President and Chief Executive Officer of Usio.
  • We're becoming known in the market as a very responsive and flexible partner capable and willing to implement prepaid solutions quickly and efficiently, which we believe will contribute to our ongoing growth.
  • Usio will release more details about its prepaid business during the upcoming Second Quarter Conference Call scheduled for August 14, 2020.

Packaged Facts: How the Coronavirus Pandemic Impacts U.S. Prepaid Card Industry

Retrieved on: 
Thursday, July 23, 2020
Money, Prepayment, Economy, Stored-value card, Finance, Elo, Payment systems, Prepaid mobile phone, AT&T Prepaid

However, prepaid purchase volume declines will hit certain industry participants differently, reports market research firm Packaged Facts in the recent study Prepaid Cards in the U.S., 7th Edition .

Key Points: 
  • However, prepaid purchase volume declines will hit certain industry participants differently, reports market research firm Packaged Facts in the recent study Prepaid Cards in the U.S., 7th Edition .
  • The same will likely hold true of younger and more upwardly mobile, digitally inclined prepaid card users, who make up another slice of the prepaid card use space.
  • The pandemic also places significant roadblocks in the way of general-purpose reloadable prepaid card users' cash preferences.
  • While many key prepaid card locations have generally remained open, physical store prepaid card sales have nevertheless taken a hit.

Prepaid Card Industry Outlook to 2027 - Closed Loop Prepaid Cards Led the Market in Terms of Revenue in 2019

Retrieved on: 
Tuesday, July 21, 2020
Money, Radio-frequency identification, Stored-value card, Economy, Finance, Prepayment, Elo, Payment systems, Prepaid mobile phone, Debit card

Moreover, rise in demand for cash alternatives and availability of affordable and energy-efficient prepaid cards drive the growth of the prepaid card market.

Key Points: 
  • Moreover, rise in demand for cash alternatives and availability of affordable and energy-efficient prepaid cards drive the growth of the prepaid card market.
  • Increase in adoption of multi-purpose prepaid card by travelers, retailers, and students drives the growth of the prepaid card market in this segment.
  • By card type, the closed loop prepaid card segment led the market, in terms of revenue in 2019.
  • By usage, the general-purpose reloadable card segment accounted for the highest prepaid card market share in 2019.

World Prepaid Card Market 2020-2027 by Card Type, Usage, End-user and Region - ResearchAndMarkets.com

Retrieved on: 
Monday, July 20, 2020
Professional services, Other Professional Services, Telecommunications, Payment cards, Radio-frequency identification, Stored-value card, Prepayment, Economy, Payment systems, Prepaid mobile phone, Prepayment for service

The "Prepaid Card Market by Card Type, Usage, End-user and Region: Global Opportunity Analysis and Industry Forecast, 2020-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Prepaid Card Market by Card Type, Usage, End-user and Region: Global Opportunity Analysis and Industry Forecast, 2020-2027" report has been added to ResearchAndMarkets.com's offering.
  • Moreover, rise in demand for cash alternatives and availability of affordable and energy-efficient prepaid cards drive the growth of the prepaid card market.
  • Increase in adoption of multi-purpose prepaid card by travelers, retailers, and students drives the growth of the prepaid card market in this segment.
  • By usage, the general-purpose reloadable card segment accounted for the highest prepaid card market share in 2019.

United States Prepaid Cards Market 2020-2024: COVID-19 Pandemic Reshaping the Industry

Retrieved on: 
Tuesday, June 30, 2020
Payment systems, Prepaid card, Prepayment, Economy, Financial services, Debit card, Green Dot Corporation

"Open-Loop" Prepaid Card Market Size, by Card Type

Key Points: 
  • "Open-Loop" Prepaid Card Market Size, by Card Type
    "Closed-Loop" Prepaid Card Market Size, by Card Type
    General-Purpose Prepaid Card Use Trends: 2014-2019
    General-Purpose Reloadable Prepaid Card Use: 2014-2019
    Declines Are an Industry Trend, not a Network-Specific One
    General-Purpose Non-Reloadable Prepaid Card Use: 2014-2019
    Money Movement and Payment Features: Demographic Analysis
    Variety of Prepaid Card Programs, Program Managers, and Card Verticals

Kosmos Energy Signs Production Prepayment Agreement for up to $200 Million

Retrieved on: 
Monday, June 29, 2020
Oil, Gas, Energy, Prepayment, Kosmos Energy, Trafigura

Later this year, following the completion of the Prepayment Agreement conditions subsequent, an additional $100-150 million of advance crude oil sales is expected, subject to finalizing additional commitments for $50 million.

Key Points: 
  • Later this year, following the completion of the Prepayment Agreement conditions subsequent, an additional $100-150 million of advance crude oil sales is expected, subject to finalizing additional commitments for $50 million.
  • With this Prepayment Agreement, we have secured up to $200 million in additional liquidity to help us manage the business during this time of unprecedented volatility.
  • Kosmos is evaluating the classification of the Prepayment Agreement as deferred revenue on its balance sheet, although such accounting treatment is subject to final analysis.
  • Kosmos is a full-cycle deepwater independent oil and gas exploration and production company focused along the Atlantic Margins.

Impact of COVID-19 on the U.S. Prepaid Cards Industry - Cash Conversion, Payment Electronification, Interchange and Deposits, as Well as Effects by Card Type - ResearchAndMarkets.com

Retrieved on: 
Wednesday, June 24, 2020
Professional services, Other Professional Services, Payment systems, Prepaid card, Prepayment, Economy, Financial services, Debit card, Green Dot Corporation

"Open-Loop" Prepaid Card Market Size, by Card Type

Key Points: 
  • "Open-Loop" Prepaid Card Market Size, by Card Type
    "Closed-Loop" Prepaid Card Market Size, by Card Type
    General-Purpose Prepaid Card Use Trends: 2014-2019
    General-Purpose Reloadable Prepaid Card Use: 2014-2019
    Declines Are an Industry Trend, not a Network-Specific One
    General-Purpose Non-Reloadable Prepaid Card Use: 2014-2019
    Money Movement and Payment Features: Demographic Analysis
    Variety of Prepaid Card Programs, Program Managers, and Card Verticals

GreenSky, Inc. Announces Closing of $75 Million Incremental Term Loan

Retrieved on: 
Wednesday, June 10, 2020
Professional services, Data management, Retail, Other Retail, Technology, Software, Banking, Economy, Money, Finance, Loans, Banking, Interest rates, GreenSky, Libor, Prepayment, Amortization

The incremental term loan, priced at Libor plus 450 basis points, with a 1% Libor floor, will have the same security, maturity, principal amortization, prepayment, and covenant terms as the existing term loan under the Company's Term Loan B Credit Facility.

Key Points: 
  • The incremental term loan, priced at Libor plus 450 basis points, with a 1% Libor floor, will have the same security, maturity, principal amortization, prepayment, and covenant terms as the existing term loan under the Company's Term Loan B Credit Facility.
  • The Term Loan B Credit Facility matures on March 29, 2025.
  • GreenSky, Inc. (NASDAQ: GSKY) is a leading technology company Powering Commerce at the Point of Sale for a growing ecosystem of merchants, consumers and banks.
  • Since our inception, over 3 million consumers have financed nearly $24 billion of commerce using our paperless, real time "apply and buy" technology.

Growing Number of European Businesses Adopt White Label Multi-Currency Prepaid Card Programs to Boost Revenue and Brand Marketing, According to Axiom Experts

Retrieved on: 
Thursday, June 4, 2020
Credit cards, Money, Economy, Finance, MasterCard, Prepayment, Payment systems, Debit card

Axiom is a global provider of digitally-driven end-to-end payment solutions powered in large part by prepaid cards programs.

Key Points: 
  • Axiom is a global provider of digitally-driven end-to-end payment solutions powered in large part by prepaid cards programs.
  • Its white label prepaid card programs allow businesses to have their name and logo on a prepaid Mastercard app - with physical card and desktop access also available.
  • Soon though it became clear that businesses too were interested in exploring how prepaid cards could support brand-building and revenue generation.
  • Axiom's White Label prepaid card programs allow clients to create their own branded prepaid card programs to pay commissions, reward loyalty, and distribute compensation to their own customers, employees, agents and affiliates.

Prepaid Cards - Global Market Trajectory & Analytics 2020-2027

Retrieved on: 
Thursday, May 28, 2020
Prepayment

DUBLIN, May 28, 2020 /PRNewswire/ -- The "Prepaid Cards - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, May 28, 2020 /PRNewswire/ -- The "Prepaid Cards - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
  • Amid the COVID-19 crisis and the looming economic recession, the Prepaid Cards market worldwide will grow by a projected US$2.1 Trillion, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 10.7%.
  • Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Prepaid Cards market.
  • All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.