Canadian Prepaid Payments Industry Increases Financial Services Innovation and Choice | 2021-06-09 | Press Releases

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CPPO releases 2021 Canadian prepaid payments industry heatmap showing increase in teen banking and instant wage access in Canada ; and novel offerings from cryptocurrency platforms

TORONTO , June 9, 2021 /CNW/ – The Canadian Prepaid Providers Organization ( CPPO ), the collective voice of the open-loop prepaid payments industry in Canada , today released the second comprehensive analysis of the Canadian prepaid landscape, a segment which continues to drive payments innovation in Canada . The Canadian Prepaid Ecosystem Report 2021 , produced in collaboration with FinTech Growth Syndicate (FGS), is an analysis of 90 companies operating in the Canadian open-loop prepaid ecosystem to develop a deeper understanding of the innovative offerings, market forces and trends, as well as to build a heatmap of all players in the Canadian prepaid space.

Prepaid cards have allowed for the development and introduction of…

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