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The move to remote and hybrid workplaces means that companies have a need to hire, pay, and manage teams around the world. The ability to hire talent in different locations has also driven a new era of business, enabling increased efficiency, opportunity, and growth.
The use of prepaid cards has become popular in recent years, and this trend continues to gain momentum. According to a BusinessWire report, the prepaid card market was valued at $1.85 billion in 2019 and is expected to reach $5.51 billion by 2027.