Mercator predicts that the mobile prepaid market will skyrocket over the next several years as consumers take advantage of a wide range of prepaid and stored value offerings. Prepaid cards are rising for personal use as more consumers choose them as a budgeting tool that serves a dual benefit of shielding their financial information. At the same time, new technology is changing how consumers buy, send and redeem gift cards.
One key segment experiencing exceptionally fast growth is prepaid....