Figure 1. Proportion of government-administered payments made through prepaid cards
| Program |
Prepaid Card |
Total Payments |
Percent |
| Energy Assistance |
$58,000.00 |
$58,000.00 |
100.00% |
| Prisons/ Corrections |
$760,844.79 |
$839,411.90 |
90.60% |
| Section 8 Housing |
$375,381.00 |
$5,928,063.00 |
6.30% |
| WIC |
$242,802,675.34 |
$251,442,335.21 |
96.60% |
| Disability |
$56,619,116.00 |
$427,246,813.34 |
13.30% |
| TANF |
$1,324,468,386.16 |
$1,591,062,008.39 |
83.20% |
| Payroll |
$62,877,629.54 |
$10,130,711,331.08 |
0.60% |
| Child Support |
$6,577,703,384.80 |
$16,644,794,901.15 |
39.50% |
| Unemployment |
$14,862,807,577.65 |
$36,981,380,796.34 |
40.20% |
| Veterans Administration |
$533,621,935.90 |
$67,587,584,795.31 |
0.80% |
| SNAP |
$75,158,013,931.00 |
$75,158,013,931.00 |
100.00% |
| Social Security |
$18,459,316,077.00 |
$774,146,789,472.00 |
2.40% |
| Total |
$135,736,381,056.19 |
$1,016,512,548,756.66 |
13.40% |
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Figure 2. Issuer revenue by fee type
| Variable |
Revenues |
Percent |
| Total Revenue: Interchange Fees |
$313,999,850.04 |
62.3% |
| Total Revenue: Cardholder Fees (All) |
$190,075,619.34 |
37.7% |
| Total Revenue: Interchange + Cardholder Fees |
$504,075,469.38 |
100.0% |
| Cardholder Fee Breakout: |
| Total Revenue: Cardholder Other Fees |
$3,430,511.40 |
1.8% |
| Total Revenue: Cardholder Overdraft Fees |
$11,773,057.51 |
6.2% |
| Total Revenue: Cardholder Penalty Fees |
$13,045,410.26 |
6.9% |
| Total Revenue: Cardholder Account Servicing Fees |
$18,400,349.87 |
9.7% |
| Total Revenue: Cardholder Customer Service Inquiry Fees |
$24,553,026.97 |
12.9% |
| Total Revenue: Cardholder ATM Fees |
$115,634,544.65 |
60.8% |
| Total Revenue: Cardholder Fees (All) |
$190,075,619.34 |
100.0% |
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Figure 3. Cardholder Fees
| Variable |
Revenues (millions) |
Average Fee (dollars) |
| Cardholder Routine Monthly |
$0.1M |
$1.00 |
| Cardholder Purchase Transaction |
$0.9M |
$0.42 |
| Cardholder OTC |
$2.2M |
$3.92 |
| Cardholder Overdraft |
$11.8M |
$6.90 |
| Cardholder Penalty |
$13.0M |
$1.27 |
| Cardholder Account Servicing |
$18.4M |
$4.64 |
| Cardholder Customer Service Inquiry |
$24.6M |
$0.41 |
| Cardholder ATM |
$115.6M |
$1.12 |
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Last update: July 24, 2012
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