Various Banks & Other Institutions Are Entering Prepaid Card Market
Prepaid card market is expected to witness boom in the coming years on the back of several banking and non-banking institutions entering this arena. According to a new report by RNCOS, “Indian Prepaid Card Market Outlook 2018”, with growing inclination of corporate houses and consumers towards usage of prepaid cards, several banks have started widening their prepaid offerings. Further, non-banking institutions like ItzCash etc are also incorporating new products under prepaid card segment to lure consumers.
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