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A prepaid card is a card you preload with money to use for expenses. Prepaid cards don’t require a credit check and can be useful for young adults or others trying to establish strong financial ...
Prepaid credit card, a card that debits money from an associated account that ordinarily uses a signature rather than a PIN for verification Stored-value card , a card that has a monetary value that is recorded as data on the card itself, and thus can be used without online access to an associated account
Flickr source Prepaid debit cards are often thought of as only being tools for people with low incomes or bad credit, but in some situations, a prepaid debit card can provide benefits regular ...
Stored-value cards are prepaid money cards and may be disposed when the value is used, or the card value may be topped up, as in the case of telephone calling cards or when used as a fare card. The term closed-loop means the funds and/or data are physically stored on the token or card in the form of binary-coded data.
Preloaded credit cards can help keep your vacation budget on track, and many offer some of the same benefits (purchase protection, roadside assistance) as credit cards. Also, if a prepaid card ...
A fleet card is used as a payment card, most commonly for gasoline, diesel and other fuels at gas stations. Fleet cards can also be used to pay for vehicle maintenance and expenses, at the discretion of the fleet owner or manager. The use of a fleet card reduces the need to carry cash, thus increasing the security for fleet drivers.