The Application of Prepaid Cash Card for Consumers

Nowadays, people prefer prepaid card more than using cash in hand. Prepaid cards look like credit and debit cards and they have the same ability to purchase products and services. But the only difference is users can only spend the balance that has been preloaded onto the card. Users can not borrow money with prepaid card; they can only spend money which is loaded onto the card. Users will be given a Pin number when they purchase a card and once money has been credited, it can be used in the same way as a debit or credit card.

Prepaid card is useful when users would like to buy a gift for someone. Prepaid cards are more widely accepted rather than vouchers.

It’s convenient to be used when travelling overseas as prepaid card is more secure without carrying cash and traveler’s cheque. If prepaid card has lost, it can be blocked. It often have good exchange rates.

It also helps people to manage their money by allocating money in different places for different purposes. Users are also limited to the amount they put on the card which can help them to do budget for their spending.


Besides that, prepaid cards are widely use for everyday shopping. Users do not need to carry much cash in hand but a card; then they can purchase products or goods they wish to. It is also used for internet shopping where users can make payment through internet.


Prepaid cards also can be used to make mail order and telephone order. Users can purchase products or goods through mail or by making telephone calls. It is frequently quicker, safer and cheaper to accept if compare to payment methods such as delivery, cheques and invoicing.


It also can be used to top up mobile phone’s credit. It provides a convenient way where users do not need to walk out to buy a top up card from shops but just top up mobile phone through the internet.


Users can use prepaid cards to pay their bills and monthly subscriptions. Those bills can be paid through internet. For example, purchasing a laptop from Dell.com, users only have to pay the bills through internet and do not need to pay cash or cheque to the company personally.

Lastly, users can withdraw money from ATM by using prepaid cards. Users are required to enter the password and withdraw money that is loaded into the account.

There are many benefits of using prepaid cards as it can be used at anywhere in the world that accepts MasterCard. Prepaid card are safe and secure to use. It is also convenient and easy to use as people need not have to carry much cash to do purchases. You may find out more information about how to use prepaid card by the link provided as below.
http://www.ehow.com/how_4474822_use-prepaid-credit-card.html