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Rapidly Expanding International Prepaid Market Creates New…

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One of the exhibits in this report.

The prepaid market is witnessing sustained and significant growth throughout the world, with an average estimated CAGR of 13% through the year 2023. As e-commerce spreads globally and demand grows for cashless payment methods, prepaid cards stand to benefit.

Mercator Advisory Group’s most recent report, International Prepaid Market Developments and Growth Trends, reveals some of the most important trends within the global prepaid market.

The international prepaid market is booming, but it is not expanding at the same rate everywhere. In emerging markets in Latin America and Asia, where consumers have more limited access to other forms of cashless payments, prepaid cards serve an important role in daily life. As e-commerce and demand for non-cash payment types rises in these regions, prepaid cards are experiencing profound growth.

On the other hand, in regions where prepaid markets are well established—namely Europe and North America—legislators are cracking down on fraud associated with prepaid cards. New regulations may threaten the growth of prepaid card markets in these regions.

Across all regions, prepaid card markets have found new use cases in recent times and there is a great deal more growth to be had within the market.

“The prepaid market is witnessing sustained and significant growth throughout the world, with an average estimated CAGR of 13% through the year 2023. As e-commerce spreads globally and demand grows for cashless payment methods, prepaid cards stand to benefit. Government initiatives in support of transitions to cashless payments are numerous,” states Laura Handly, analyst at Mercator Advisory Group, and the author of the report.

Highlights of this report include:

  •     A review of trends within the global prepaid market
  •     An examination of trends within the prepaid market by region
  •     An exploration of innovative global use cases for prepaid
  •     Predictions for the future of the prepaid market
  •     Recommendations for issuers of prepaid cards

This report is 15 pages long and contains five exhibits.

Companies mentioned in this report include:
American Express, Coinbase, Crypto.com, GiveDirectly, Global Payments/TSYS, Green Dot Corporation, HSBC Holdings, JP Morgan Chase, Mastercard, Visa

Members of Mercator Advisory Group Prepaid Service have access to this report as well as the upcoming research for the year ahead, presentations, analyst access and other membership benefits.

Please visit us online at http://www.mercatoradvisorygroup.com.

For more information and media inquiries, please call Mercator Advisory Group’s main line: 1-781-419-1700 or send email to media@mercatoradvisorgroup.com.

For free industry news, opinions, research, company information, and more, visit us at http://www.PaymentsJournal.com.

Follow us on Twitter @ http://twitter.com/MercatorAdvisor.

About Mercator Advisory Group

Mercator Advisory Group is the leading independent research and advisory services firm exclusively focused on the payments and banking industries. We deliver pragmatic and timely research and advice designed to help our clients uncover the most lucrative opportunities to maximize revenue growth and contain costs. Our clients range from the world’s largest payment issuers, acquirers, processors, merchants and associations to leading technology providers and investors. Mercator Advisory Group is also the publisher of the online payments and banking news and information portal PaymentsJournal.com.

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Source: https://www.prweb.com/releases/rapidly_expanding_international_prepaid_market_creates_new_opportunities/prweb18174191.htm

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MusicRevolution.com Announces A Collaboration With Adobe to Supply…

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“With this exciting new addition to Adobe Stock, creatives will now have easy access to thousands of new music tracks in every genre from MusicRevolution.com,” added Cardell.

MusicRevolution.com (http://www.musicrevolution.com), an online marketplace for royalty-free music, announced a collaboration with Adobe to provide royalty-free music to Adobe Stock audio. This collaboration was announced at Adobe MAX.

“With over 70,000 tracks online and growing, MusicRevolution.com is one of the largest royalty-free music libraries available anywhere,” stated Chris Cardell, Co-Founder of MusicRevolution.com. “With this exciting new addition to Adobe Stock, creatives will now have easy access to thousands of new music tracks in every genre from MusicRevolution.com,” added Cardell.

“This collaboration with Adobe will provide additional exposure and new licensing opportunities for MusicRevolution.com and our worldwide community of professional musicians,” stated Mike Bielenberg, Co-Founder of MusicRevolution.com. “We are excited to help millions of Adobe users meet their creative needs with high quality royalty-free music for their video productions, podcasts, and other creative projects,” added Bielenberg.

MusicRevolution’s royalty-free music library covers every genre and style of music, including: On Hold, Fun, New Age, Rock, Pop, RnB, Comedy, Corporate, Drama, Energetic, Orchestral/Classical, Christmas/Holiday, Acoustic, Hip Hop, EDM, Retail, Sentimental, Easy Listening, Advertising, Electronica, Country, Jazz, Piano, and Vocals.

About MusicRevolution.com

MusicRevolution (http://www.musicrevolution.com) is the Internet’s royalty-free music marketplace. We provide media producers, video producers, music supervisors, filmmakers, game developers, and other music buyers with some of the best royalty-free music at affordable prices. Our production music library has over 70,000 tracks and new music is being added every day. MusicRevolution.com offers four purchase options– single tracks, CDs, subscriptions, and our Internet music stream for background music / in-store music for retail stores and other commercial settings. The MusicRevolution.com catalog, which includes an extensive selection of “Non-PRO” royalty-free music, is available for third-party distribution and bulk licensing for background music / in-store music for retail, restaurants, hotels, fitness clubs, and other commercial applications.

About Adobe MAX

Adobe MAX (October 26-28, 2021) is a free, virtual, and global creativity conference designed to refuel creative passions, inspire, educate, entertain, and foster relationships across the global creative community. Featuring more than 400 sessions, keynotes, technology sneaks and workshops from creative luminaries, inspiring celebrities, musicians and like-minded peers, Adobe MAX offers endless opportunities for seasoned creative pros, students, and hobbyists to take their creative skills to the next level. Notable speakers and presenters featured throughout the conference this year include Chloe Zhao, Kenan Thompson, Henry Golding, Tilda Swinton, Bryan Cranston, Aaron Paul, Casey Neistat, Young Thug and Imagine Dragons, among others.

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Source: https://www.prweb.com/releases/musicrevolution_com_announces_a_collaboration_with_adobe_to_supply_royalty_free_music_to_adobe_stock_audio/prweb18277751.htm

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ClearAngel Funds Sustainable Luxury Baby Brand, Buddha Babe, with…

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Buddha Babe celebrates detail, comfort and quality.

“The market for baby and children clothing is vast and growing,” said Andrew D’Souza, CEO and co-founder, Clearco. “We’re proud to support this woman-owned, minority-owned business in its mission to continuously provide security and warmth to families with babies.”

Clearco, the world’s largest e-commerce investor and the company revolutionizing the way founders grow their businesses, today announced that its ClearAngel program is funding Buddha Babe, a Philadelphia-based luxury design studio focusing on accessories for babies, toddlers and the home. The ClearAngel program provides early-stage founders with access to revenue share capital, data-driven advice, and Clearco’s extensive network of apps, agencies, and investors.

Established in 2014 by Tina Dixon Spence, Buddha Babe started as an e-commerce business and takes pride in creating stylish, cozy and eco-friendly baby products made in the United States. As a brand, Buddha Babe celebrates detail, comfort and quality. Its product line includes bibs, blankets, clothing, and other accessories in stylish patterns and colors for babies and toddlers. Every item is designed, cut and created locally from natural and organic cottons. After seven years of steady online growth, Buddha Babe opened its brick-and-mortar boutique and workshop in Philadelphia in late 2020, which symbolized “love and hope” amid COVID-19.

“The market for baby and children clothing is vast and growing,” said Andrew D’Souza, CEO and co-founder, Clearco. “We’re proud to support this woman-owned, minority-owned business in its mission to continuously provide warmth to families with babies.”

ClearAngel is one of a few equity-free, flexible capital options for early-stage founders who don’t have the network to raise an angel round or join exclusive accelerators. The program has already funded over 350 companies since its February 2021 launch.

“I launched the business because I wasn’t satisfied with any of the bibs I bought for my son back then,” said Spence. “I started making bibs and blankets for friends and relatives, and then pivoted to opening my own business. Since then, I have not looked back. With ClearAngel’s funding, we aim to double our Direct-to-Consumer business and expand our growth channels.”

In addition to the flexible capital, Buddha Babe will also get access to a network of more than 500 investors, growth teams, agencies, apps, lawyers, and buyers; and data-driven advice designed to help scale and hit new revenue milestones.

To learn more about Buddha Babe and its luxurious, sustainable baby clothing, visit buddhababe.us.

ClearAngel is currently onboarding e-commerce and product companies, and has limited spots available for SaaS, Apps, marketplace and stealth companies. To learn more about applying, visit angel.clearbanc.com.

About Clearco:

Co-founded as Clearbanc in 2015 by Michele Romanow from Canada’s Shark Tank (Dragons’ Den), Andrew D’Souza, Ivan Gritsiniak, Charlie Feng, and Tanay Delima, Clearco offers the most founder-friendly capital solutions for e-commerce, mobile apps, and SaaS founders as well as a full suite of products and access to a powerful global network, insights and data, and recommendations. Clearco has invested over $2 Billion in over 4,500 companies to date, including Leesa Sleep, fashion-rental service Le Tote, home goods company Public Goods, shirtmaker UNTUCKit, online speech therapy practice Expressable, and digital real estate marketplace SetSchedule. For more information visit clear.co and @getClearco.

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Source: https://www.prweb.com/releases/clearangel_funds_sustainable_luxury_baby_brand_buddha_babe_with_10_000_investment/prweb18282765.htm

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Wellness Brand Spirit Gypsy receives milestone $10,000 investment from…

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Lapis Lazuli

“Spirit Gypsy is serving a rapidly-growing market interested in new age lifestyle trends like crystals and spirituality.” – Andrew D’Souza, CEO and co-founder, Clearco

Clearco, the world’s largest e-commerce investor revolutionizing the way founders grow their businesses, today announced that its ClearAngel program is funding Spirit Gypsy, a women-owned and operated lifestyle and wellness brand offering high vibrational crystals and spiritual decor. ClearAngel gives early-stage founders access to revenue share capital, data-driven advice, and Clearco’s extensive network of apps, agencies, and investors.

Founded in 2018, Spirit Gypsy offers a wide variety of quality crystals at affordable and accessible pricing. Founder Erin Amantea has had a lifelong fascination with rocks, stones, and crystals. She initially began Spirit Gypsy as a side business while working full-time to support her family as a single mom. She has since grown the e-commerce side of the business and is opening the company’s first retail store location. The investment from Clear Angel allows her to hire team members to manage the online store, while she launches the first brick-and-mortar retail location.

ClearAngel is one of a few equity-free, flexible capital options for early-stage founders who would benefit from raising an angel round or joining exclusive accelerators, but don’t have the network to do so. In the short time since February 2021, the program has already funded over 350 companies.

“Spirit Gypsy is serving a rapidly-growing market interested in new age lifestyle trends like crystals and spirituality,” said Andrew D’Souza, CEO and co-founder, Clearco. “This latest ClearAngel funding reflects ClearAngel’s efforts to support founders who are paving a way in exciting markets but who don’t have access to traditional investment capital.”

In addition to $10,000 of flexible capital, Spirit Gypsy will also get access to a network of more than 500 investors, growth teams, agencies, apps, lawyers, and buyers; and data-driven advice designed to help scale and hit new revenue milestones.

“Without ClearAngel I wouldn’t have been able to afford to continue to grow my e-commerce, while also putting down roots with a physical store location, ” said Erin Amantea, CEO of Spirit Gypsy. “I don’t have a background in commerce or business, so it has been a steep learning curve. The guidance ClearAngel gives me access to will help me avoid costly lessons.“

To learn more about Spirit Gypsy and experience its high-vibrational crystals for yourself, visit spiritgypsy.ca.

ClearAngel is currently onboarding E-commerce and product companies. There are limited spots available for SaaS, Apps, marketplace, and stealth companies. To learn more, visit angel.clearbanc.com.

About Clearco:
Co-founded as Clearbanc in 2015 by Michele Romanow from Canada’s Shark Tank (Dragons’ Den), Andrew D’Souza, Ivan Gritsiniak, Charlie Feng, and Tanay Delima, Clearco offers the most founder-friendly capital solutions for e-commerce, mobile apps, and SaaS founders as well as a full suite of products and access to a powerful global network, insights, and data, and recommendations. Clearco has invested over $2 Billion in over 4,500 companies to date, including Leesa Sleep, fashion-rental service Le Tote, home goods company Public Goods, shirtmaker UNTUCKit, online speech therapy practice Expressable, and digital real estate marketplace SetSchedule. For more information visit clear.co and @getClearco.

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Source: https://www.prweb.com/releases/wellness_brand_spirit_gypsy_receives_milestone_10_000_investment_from_clearangel/prweb18283782.htm

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QuickFee Introduces Connect, A New Payment Integration with Wolters…

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“The entire accounting profession is trying to better leverage data, boost firm capacity, and increase client engagement. By streamlining the invoicing process, QuickFee Connect is setting a strong foundation in all three of these areas,” said Eric Lookhoff, QuickFee CEO

QuickFee offers a secure online payment platform for professional service firms. The company is now launching an offering that will streamline the payment process even further for accountants: QuickFee Connect, which integrates QuickFee’s payment options with practice management software.

QuickFee Connect integrates with Wolters Kluwer CCH ProSystem fx Practice Management and will soon be available for users of CCH Axcess Practice. With this integration, clients can click through an invoice and choose to pay online immediately or pay over time with a low-interest financing plan. No matter how a client chooses to pay their invoice, the firm always gets paid upfront and in full.

Many accounting firms aim to reduce days sales outstanding (DSO) and collections. Up to 20% of accounting firm revenue may be locked in accounts receivable at year-end, with firms often spending valuable staff time chasing late invoices. QuickFee Connect alleviates these pain points by improving digital invoice delivery, resulting in a faster and more accurate payment workflow.

Aubrey Amatelli, new Chief Revenue Officer at QuickFee, shared how firms will benefit: “We are thrilled to announce that QuickFee now integrates with CCH ProSystem fx Practice Management, with more integrations to follow soon,” said Amatelli. “This integrated payment functionality puts your clients back in the driver’s seat and gives them more control over their payments. That means professionals and administrators can focus on the most rewarding work, rather than chasing down collections and performing manual tasks and data entry.”

QuickFee Connect also includes an automated reminder system that makes it simple to remind clients about overdue payments.

“We know from our experience with firms that every touchpoint in the payment process costs valuable time – and reduces the chance that clients will pay their invoices when due,” said Bruce Coombes, Managing Director of QuickFee Australia. “We built Connect so firms can eliminate these extra payment touchpoints and improve how the invoice process is working from end-to-end.”

Connect adds the following features to the QuickFee payments suite:

  • Integrates with leading practice management systems, including Wolters Kluwer CCH ProSystem fx Practice Management (with CCH Axcess Practice coming soon)
  • Personalized invoice links for a streamlined invoice payment experience
  • Automated reminder system that can be tailored to fit the firm’s needs
  • Improved payment reconciliation with practice management software

QuickFee CEO Eric Lookhoff said: “We’re excited to bring QuickFee Connect to the professional services marketplace, beginning with the field of accounting. Paying the invoice is often the last impression that a client has with the firm: We believe that experience should be a positive one and ensure repeat business for the firm. The entire accounting profession is trying to better leverage data, boost firm capacity, and increase client engagement. By streamlining the invoicing process, QuickFee Connect is setting a strong foundation in all three of these areas.”

About QuickFee

QuickFee provides a personalized payment experience designed to help merchants increase revenue and meet the growing demand for flexible payments. With more than a decade of experience serving the global professional services market, QuickFee is now bringing its proven payments model to a wider range of businesses than ever before, from personal and home services to the commercial space. As a trusted payments partner, QuickFee empowers your customers to pay how and when they want, so you can focus on what you do best.

For additional information, visit http://www.quickfee.com.

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Source: https://www.prweb.com/releases/quickfee_introduces_connect_a_new_payment_integration_with_wolters_kluwer_practice_management_software/prweb18292681.htm

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