Millennials and the Rise of Pre-Paid Card Use

 Customer entering pin number into machine at counter in cafeMillennials and Gen Xers are driving the adoption of prepaid cards.The two youngest adult generations in the US accounted for 80% of US prepaid card owners in August 2013. Among prepaid card owners, 28% earn less than $25,000 per year, 21% earn $25,000-$49,999, 26% earn $50,000-$99,999, and most surprisingly, 27% earn $100,000 or more per year. Read more.

Jo McClure

Written by Jo McClure