Saturday, February 28, 2009

The application of pre-paid cash card for consumers

Pre-paid cash card means reloading funds or cash into the particular card and using it as any normal credit card or debit card. The difference is that the user can manage his/her financial spendings more efficiently. User who utilize this type of cards do not have to worry on interest rates at the end of the month.

It is considered as most secure and safe financial transaction card because can it likes a portable access point to checking account. Nevertheless, it could not use for online shopping and in “quick pay” terminals that have a card reader but no keypad to enter a personal identification number.

The following are some of the examples of prepaid cards offered by card institutions.


No comments:

Post a Comment