There is not a single person left who is not aware of prepaid visa debit card. But the purpose of this article is to make you all aware of the new values added to prepaid debit cards, recently.
So……What is new????
Most of us use prepaid debit cards domestically, but now debit cards can be used all over the world, anywhere in any country.
In actual, the concept of prepaid visa debit cards is derived from older concepts of gift cards, prepaid international phone cards and even mobile SIM cards.
Debit cards almost look and feel like a credit card, besides they can be used in a similar manner.
BUT…..There is one major difference ……
One can spend only a certain amount of money that is particularly paid by the card and not more than that, which means that you have to make a payment straight ahead before you spend it.
In case of visa credit card, you can spend first and pay later and in installments too in which a great deal of interest and hidden charges are added.
In comparison to a credit card, a debit card can really serve as a really good alternative in terms of getting expediency as they are almost the same. Online prepaid debit cards can be used very easily.
Debit card can even be used to make online purchases or pay bills with very rational fees. In certain cases, consumers don’t have to pay fees at all. Being prepaid, consumers don’t have to worry about any late fees or high interest charges since it is your own money that you are using.
Not many are aware of that prepaid visa debit cards are even valuable in other areas of business as well. For example, they are excellent in issuing company funds.
This is not all….While dealing overseas; one can even use prepaid cards for overseas payments also. Do not believe us, then explore this web link and see for yourself.
No longer does a company accountant or manager have to dole out hard cash and have executives sign a receipt for it and then present a tour bill detailing all the tour expenses and refunding the leftover cash. A prepaid visa debit card will do all that for automatically.