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Look Towards A New Future

May 24, 2012

The Prepaid Advantage for Governments | Public Sector

Synopsis

This VRL report looks at why prepaid is such a winning proposition in the public sector
It examines factors such as paperless processes, lower costs and greater efficiency
The report shows why the government sector promises a stable and growing market for companies offering prepaid solutions

Case studies highlight the efficiency of prepaid cards in areas such as benefit payments and emergency reliefPrepaid solutions represent one of the most innovative propositions in the payment industry due to their inherent flexibility, convenience and applications across a broad range of industry sectors. It’s no wonder that banks, payment networks and programme managers have devoted such significant resources and investment into promoting their usage, but each industry vertical requires significantly different business models as end-user groups require different needs, and a one-size-fits-all approach will quickly doom some programmes to failure. It is widely recognised within the prepaid industry that perhaps of all prepaid sectors, it is the government sector which promises the most stable and growing growth for prepaid solutions. In this report, we examine the factors that have made prepaid such a win-win proposition in this sector and how government agencies have replaced cumbersome paper-based processes with prepaid solutions, helping them to lower costs and deliver greater efficiency and benefits to all stakeholders.

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Report Details :
Published: May 2012
Pages: 40
Price: Single User License:US$3800 Corporate User license : US$11400



Scope

The report looks at, and discusses the benefits of government prepaid schemes with a focus on the US, European, GCC and Latin American markets
It includes an overview of the market size for government prepaid solutions in various parts of the world, giving an idea of the potential and scope for these solutions
A number of global case studies are featured. These are where prepaid solutions have been successfully implemented by various government agencies
The report highlights that in a recessionary environment, government prepaid segments are one of the few niches that enjoy a rise in transaction volume and usageKey highlights

Examine the factors that have made prepaid such an attractive proposition in the cards sector
Find out how government agencies have replaced paper-based processes with prepaid solutions, lowering costs and allowing them to deliver greater efficiency and benefits to all stakeholders
This report looks at how industry stakeholders should approach the government sector, with a detailed breakdown of the various strata of government and the different disbursement areas in which they operate
Gain an overview of market size for government prepaid solutions in various parts of the worldReasons to buy

Trace the evolution of prepaid cards and their applications within the government sector
Identify the factors positioning prepaid as an ideal replacement for paper-based government disbursements
Find out exactly how prepaid delivers benefits to all stakeholders
Gain an overview of market size for government prepaid solutions in various parts of the world
Ascertain the potential and scope for these solutions