Prepaid cards are easy for consumers to understand and use:

• Cards can be purchased either instore or online, and sent to the customer address with activation and usage instructions. Once activated the card is ready for use.
• The cardholder loads cash directly onto their card,  and when the cash runs low, they can be re-loaded with additional money as needed, either online or via Post Office or PayPoint channels, as well as debit card, BACS or Standing Order.
• Just as mobile phone top up cards are used to load cash on to them, prepaid cards are used in the same way. Funds from a prepaid card can also be withdrawn from ATMs as well as by requesting cashback at checkouts.
• Cardholders enter their PIN or card details either at retail point of sale, ATM or on the Internet.
• Cardholders can then track and monitor all their daily card transactions securely using our Internet cardholder interface. 
• Revenue is generated from on-going usage fees which are applied to all cards   

• For money management
  
  Prepaid cards are not like credit cards, as they do not have a line of credit.  Instead they need to be preloaded with funds before they can be used, just like a mobile phone. As the amount that can be spent is limited to the amount that is put onto the card, customers are unable to overspend without realizing it, giving greater budgeting control.
  
  
• For the unbanked
  
  There are no credit checks and no lengthy application processes or waiting so provide a great solution for the unbanked.
  
  
• For the security conscious
  
  Our Prepaid Cards provide a smarter way to pay when transacting over the internet or over the phone as damage is limited if the card is stolen, and unlike cash, funds can be frozen and refunded.
  
  
• For teens and students
  
  They enable young adults to carry money safely on a branded card, rather than cash, giving them an awareness of budgeting and money management in a safe and controlled way.
  
  
• For money sharing with friends and family
  
  Secondary cards can be bought and sent to friends or relatives in the UK or overseas. The primary card balance can be shared with the secondary card ideal for people with far away family.
  
  
• For travellers
  
  Ideal for both business and private travel prepaid cards provide a safe, cheap and flexible way to take money abroad. They are available in Sterling, Euro and Dollars currencies to provide a more cost effective foreign exchange when used abroad. 

While Cardholders enjoy the powerful capability and extreme functionality of a Prepaid card, Brand Partners can receive a share of the revenues from card purchase and on-going usage. Click here to find out more about PCT services.

Prepaid Cards provide clients and customers with an alternative payment solution.