Highlights of the report include: Growth in the open-loop prepaid card market was uneven in 2016, with some traditionally fast growing segments seeing declines in total loads.  Mercator Advisory Group forecasts that growth in the open-loop prepaid loads in the United States be 5% through 2020, reaching a total of $352.6 billion. Declines in some segments and slower growth in others have led Mercator Advisory group to revise its expectations for the overall market. The fastest growing segment continues to be the open-loop FSA/HSA Tax Deferred Programs segment, which has benefited from the trend towards high deductible health care plans paired with a Health Savings Account. Loads in the Money / Financial Services segment declined slightly as more people began using bank accounts and the industry worked to rebuild its reputation after previous glitches.

https://www.mercatoradvisorygroup.com/Reports/14th-Annual-U_S_-Open-Loop-Prepaid-Cards-Market-Forecasts_-2017%E2%80%932020/