Not a surprise at all since Caxton FX dropped the atm rates on the Caxton FX prepaid card to zero as well last month and we had forseen that this would have happened with other FX providers too. I can quite see Rational fx, Fair fx and a few others will follow suit soon as they make money on the FX element for international withdrawals anyway. I t...
12 August 2009
I would tend to disagree with the last comment about online channels merely being an educational channel for prepaid card knowledge and "bricks and mortar outlets" being the focus.
Whilst this may be true for certain european countries where Internet Access and the concept of the web itself and its reach is still growng, in developed markets such as the UK, Internet sales rival those of offline channels and in many cases far exceed offline sales.
Gift cards tend to be the exception but this is definitely true of open loop scheme branded prepaid cards.
01 Dec 2009 04:20 Read comment
It would be interesting to see if spend on prepaid cards continues to rise as well as industry experts tend to suggest.
15 May 2009 17:21 Read comment
Amit SharmaCEO & Prepaid Consultant at Emotion Associates
Andy BrownOperations Director at Equiniti International Payments
Paul JarmanOperations Director at Trust Payments
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