Posts Tagged ‘Prepaid expo’

25 Intriguing Things About Prepaid You Should Know

Friday, July 20th, 2012

A great post from Prepaid Expo; they outline some interesting financial prepaid stats, usages, mobile stats  and more. Interesting information about the decline in use of cash; this is a fact that employers can keep in mind when planning employee incentives and rewards. Prepaid and gift cards aren’t just as good as cash…they ARE cash and loaded on mobile devices, they are the cash of the future!

Here are the tidbits most interesting to us, click below for the whole shebang:

- $82 billion. That’s the amount expected to be loaded onto Prepaid cards in 2012.
- Consumers are using prepaid cards as a way to access wages, direct deposits increased by nearly 70% in 2011.
- Mobile POS payments is expected to grow from $362.6 million in 2011 to $1.4 billion in 2017.
- The use of cash is predicted to decline 3% a year until 2015, through 2015, the use of cash will decline by nearly $200 billion.
- Cash point-of-sale purchases is expected to drop to 23% by 2017.

More interesting stats from Prepaid Expo

GCP’s Q1 2012 Gift Card Industry Trend Report is Here!

Monday, April 23rd, 2012

The first quarter of 2012 included GCP’s visits to and participation in many meetings, conferences and events, including the PrePaid Expo, the InComm Partner Alliance, the South Florida Success Expo (SWFL), and the Loyalty Expo. In Q1’s trend report, we captured a pulse on 2011 B2B gift card sales results, key gift card market expansion trends for 2012, and an update on the effects of New Jersey’s gift card laws to our industry.

Read the full B2B Gift Card Trend Report here.

 

 

 

The History of Prepaid Infographic

Friday, April 6th, 2012

Thank you to the Prepaid Expo for bringing us this interesting infographic, which was commissioned by CoreCard®. The History of Prepaid Infographic highlights the progression of Prepaid, starting in the 1970’s and heading into predictions for 2013. The future of prepaid is not just about spending and consumerism; prepaid will thrive in government and healthcare sectors via benefit payment programs.

Thanks to CoreCard for creating this and PrePaid Expo for bringing it to us

The Prepaid Expo: Adapt or Die

Wednesday, March 21st, 2012

It should be of no surprise that mobile payment was a choice topic at this year’s Prepaid Expo, but as purveyors of the B2B portion of retail sales; how will we get to mobile payment?

Retailers and merchants are living (or about to live) the latest technology and game changing concepts about the consumer waving their mobile device to pay. But the B2B portion of the market still has major issues to overcome. The questions that the Prepaid Expo asks ring loud in order to capture consumers and also ring true for your B2B customers and subsequent end-consumers:

What will be frictionless in your environment?
What will bring the greatest value?
What will be the best authentication?
What’s the best way to reduce cost?
How do you make prepaid product more relevant and valuable to cardholder before, during, after the
payment transaction?

Interesting quote from Bill Gates about the future: “We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten.”–Bill Gates

Mobile buying is inevitable, but are you considering B2B gift card sales in your mobile prepaid strategy? If not, when will you shape your change?

Read up on the Prepaid Expo’s Live from Prepaid Expo: The Future of Prepaid & Mobile

Getting Ready for “All Things Prepaid” @Prepaidexpo

Wednesday, March 7th, 2012

In less than 2 weeks, GCP’s own Ed Shulkin and Deb Merkin will attend the Prepaid industry’s biggest event.

They’ll take in host keynotes, sponsors & exhibitions, and info sessions about the latest products and solutions in prepaid technologies and we’ll report the highlights back to you on this blog.

Here are some helpful Prepaid Expo links:
-         Download the agenda
-         Check out the executive sessions
-         Prepaid Keynotes
-         What’s in store

Check back next week to check out our Prepaid Expo round up.

Prepaid Expo: Social Media Critical to Growth of Prepaid

Monday, July 11th, 2011

You are likely either a marketer or involved with the prepaid & gift card industry OR BOTH (like me). We love this video and we love how the Prepaid Expo is looking beyond traditional information sources and prepaid to bring us their take on the next generation of prepaid.

Social Media Critical to Growth of Prepaid via Prepaid Expo: Social Media Critical to Growth of Prepaid.

“In an age where 93% of all business marketing participates in social media and even brokers at financial firms are now harnessing the power and reach of social media for research, client communication, and to attract potential clients and prospects, it seems that social media is critical to the growth of Prepaid as well.

While compliance guidelines and regulations continue to worry many in the Prepaid industry, they are not alone. If you speak to any social media thought leader, they will tell you that many corporations face challenges in using social media, both externally and internally. However, it is possible to walk that fine line since social media isn’t going away. And when you look at its merit and power to reach and educate clients and consumers far and wide, especially the underbanked, the more it seems like a winning situation.”

Just look at these 2011 social media stats released last week

 

 

Live from the Prepaid Expo – Government Update Panel Discussion

Monday, March 7th, 2011

“The Commonwealth of Virginia has started using prepaid cards to help get money into the hands of the people of who needed them. One reason was cost savings, savings of up to .60 cents an item, a typical direct expense on payment mechanisms.” Gift cards can help single parent families, the unemployed, the homeless and needy.

The panel discussion was today @ the Prepaid Expo in Orlando. Visit Live from the Prepaid Expo – Government Update to read the overview and learn about the challenges, the benefits to cardholders, how prepaid cards improve peoples’ lives, and more.

What's Happening @ The Prepaid Expo? We'll Blog on it all Week.

Sunday, March 6th, 2011

A look at mobile migration, fraud, closed- and open-loop convergence, and the technological crossroads impeding progress

By Marc Dresner, IIR USA

You’ve arrived just in time for an in-flight podcast. Fasten your seatbelts!

With less than a weekend standing between us and Prepaid Expo 2011, I would like to offer some fodder for the numerous networking conversations you’re about to have.

My guarantee to you:
Not only will episode four – a two-part podcast interview for IIR’s “Progress in Prepaid” series – lend a spark to many a smart, caffeinated exchange, BUT as an added bonus, you air travelers can forgo that inane in-flight movie and stimulate your brains, instead!

Episode four of “Progress in Prepaid” features a two-part interview with Jonathan Treiber, CEO of RevTrax.

Highlights:

• The line between association-branded prepaid and closed-loop cards is blurring, with open-loop products increasingly resembling closed-loop

• Non-swipe technologies are actually less expensive than conventional terminals and boast broader usage options for merchants, but who’s going to pay for this overhaul? Associations and banks can’t foot the bill indefinitely. When will merchants ante up? The answer rests with adoption, but is it the chicken or the egg?

Visit the Prepaid for more: http://prepaidexpo.blogspot.com/2011/03/progress-in-prepaid-series-asks-to.html

www.giftcardpartners.com