Prepaid cards have evolved to de facto bank accounts for many customers.
Prepaid cards are seen as an entry point into the financial system for the underserved, and as a result of recent regulations, offer protections comparable to debit and credit cards.
Wix transformed its internal payment infrastructure into a $3 billion-per-quarter fintech platform by focusing on universal access and merchant-specific pain points rather than building a walled garden for premium users.
Dive into how Wix reimagined checking accounts to eliminate the "where is my money?" problem with instant fund access, and leveraged proprietary website data to expand capital access for small businesses that traditional lenders overlook.