Prepaid Spending Could Rise to $247.5 Billion in 2012, Study Says

Spending on prepaid cards could increase from $202.2 billion in 2011 to $247.5 billion in 2012, according to a new study from Packaged Facts.

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    David Sprinkle, part of the research organization’s executive team, says customer dissatisfaction with current banking services is partly driving the increase in spending, according to a report from MediaPost News.

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