Content Tag: prepaid

Canadian Prepaid Providers Organization (CPPO) releases annual study showing the open-loop prepaid card market has topped CAD$3.6 billion

The Canadian prepaid market is exploding with a variety of prepaid card types and applications, with more than 236 million prepaid transactions taking place in 2016 alone.

A few weeks ago, I attended the Canadian Prepaid Providers Organization’s (CPPO) first-ever Prepaid Symposium. The symposium brought together stakeholders from across the United States and Canada to discuss the current and future state of the prepaid card industry in North America. As a New York-based representative of the Center for Financial Services Innovation (CFSI), I joined a panel of other U.S. representatives to discuss promising prepaid innovations south of the border.

New members and an annual CPPO Prepaid Symposium added to support the organization’s mission.

As someone who was involved in the formation of the Network Branded Prepaid Card Association (NBPCA) in the U.S., it was a real pleasure to be present at the inaugural symposium of the Canadian Prepaid Providers Organization on May 23. It is exciting to watch the prepaid card market develop in Canada. Both the differences and the similarities between the Canadian and U.S. markets will make it interesting to compare and contrast how prepaid cards evolve in the two places.

The Canadian Prepaid Providers Organization (CPPO), the leading voice of the prepaid industry in Canada, hosted a one-day symposium in May to discuss the changing nature of the Canadian prepaid market.

RFi Group Sits Down with Peoples Card Services President Peter Read to Chat About the Proliferation of Prepaid Cards in Canada, the CPPO and more. 

A recent payments study conducted by the CPPO revealed that while 99 per cent of Canadians have a bank account there is a growing interest, especially amongst younger Canadians, to adopt alternative payment tools that they view as more convenient. 

Visa and PayPal recently announced a strategic partnership that will combine the power of the largest payments network in the world with the largest digital payments network in the world. 

The CPPO Prepaid Symposium will host senior-level discussions about the prepaid industry and how it drives Canada’s digital economy

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