The application of pre-paid cash card for customers

Since entering modern age, transactional cards have been used to replace currency business trading. Why people prefer to use card more then using cash during doin a business? Due to its flexibility, card is much more compatible when doing a big business (require huge investment or money or large amount of payment). Transaction card is much convinience, instead of carrying a few million dollars of cash why not just a card contains of millions of dollars in your bank account.


However, pre-paid cash card have much similarity to original transaction card when offering the ability to purchase products and services, it even looks just like a credit or debit card. But, the main advantage about a pre-paid cash card is that you oly get to spend the balance that you have preloaded into the card meaning that risking nothing into debts as it has no credit or overdraft facility.

Money inside your pre-paid card can be loaded by cash at bank, Post office, PayPoint terminals or via bank transfer. But not all of these loading options are provided by the providers. In Malaysia, Touch 'n Go appeared to be carried out some function just like a pre-paid cash card where it give the holders the efficiency and time saving when paying a toll. There are many advantages you can find through the application of the pre-paid cash card.

1. No debt risk since with a prepaid cash card, you are limited to spend only the amount you put in your card.


2. Control on spending of either youself or your children. Like a credit card, you will get a full breakdown of spending on the card so you can see what has been purchased, who from and when.


3. The right card to travel. For any holidaymaker, prepaid cards offer a good alternative to travellers' cheques. They are much safer and offer a better exchanges as you spend.