Nowadays, prepaid cash card is becoming popular recently. What are prepaid cards and how do they work?
Basically, prepaid cash card is similar with credit card as they provide same ability to purchase products and services but with a main difference which is – prepaid cash cardholder only can apply the prepaid cash card when he/she has loaded money onto that those cards. For example, David has loaded RM 300.00 onto the particular card; therefore, total amount he spent by the card cannot exceed RM300.00.
What are the main advantages of prepaid card?
Control – prepaid cash card is an ideal way to control user’s spending especially teenager/children. As example above, user’s spending will be limited to money loaded before, there is no chance of spending too much.
Safety – Every cardholder is not necessarily to bring large amount of money to purchase products and services if they own a prepaid cash card. Thus, the chance the money being stolen can be avoided.
For further information related to benefits of prepaid cash card, please visit
http://www.moneysupermarket.com/c/prepaid-cards/guide/
http://www.futuracards.com/PrepaidCards-PrepaidCardConvenience.html?wsvc
What are the applications of prepaid cash card?
Prepaid cash card can be used in several ways, such as:
Basically, prepaid cash card is similar with credit card as they provide same ability to purchase products and services but with a main difference which is – prepaid cash cardholder only can apply the prepaid cash card when he/she has loaded money onto that those cards. For example, David has loaded RM 300.00 onto the particular card; therefore, total amount he spent by the card cannot exceed RM300.00.
What are the main advantages of prepaid card?
Control – prepaid cash card is an ideal way to control user’s spending especially teenager/children. As example above, user’s spending will be limited to money loaded before, there is no chance of spending too much.
Safety – Every cardholder is not necessarily to bring large amount of money to purchase products and services if they own a prepaid cash card. Thus, the chance the money being stolen can be avoided.
For further information related to benefits of prepaid cash card, please visit
http://www.moneysupermarket.com/c/prepaid-cards/guide/
http://www.futuracards.com/PrepaidCards-PrepaidCardConvenience.html?wsvc
What are the applications of prepaid cash card?
Prepaid cash card can be used in several ways, such as:
Transfer to cash – The money stored can be transfer into cash by Auto Teller Machine.
Pay for toll – Let’s take Touch n Go as example, it is prepaid cash card which is so popular in Malaysia. It is useful for all highways' tolls in Malaysia.
Shop anywhere – Debit card is one of the prepaid cash card, it is accepted for all retail shops.
Make phone call - I Talk is one of the prepaid cash card, it allows people make international or local call at lower rates.
Even prepaid cash card is making us life much easier in purchasing products and services; however, it includes several disadvantages like costs and fees associated with using them. To understand more about it, please refer to http://www.moneysupermarket.com/c/prepaid-cards/guide/2/
Seem like i have to get a prepaid card jor... a lot advantages... haha
i really look forward with this thing. i hope that the government and those service provider would not just provide something without able to provide maintainance. who the hell will use it if it is like that?
Good listing of prepaid cash card but there exist many other debit cards of the bank that can be used anywhere from shopping to paying bills and recharging you mobile sim.
Ѕo - "The application of pre-paid cash card for consumers" - I
wouldn't have thought it would be so good reading as this. Now I must really go and do some work!
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