What are anonymous prepaid cards? What do they do? Where can they be used? This article will clear all of your thoughts by answering these questions.
Prepaid Debit Cards Often, people use anonymous prepaid cards as debit cards or credit cards to make purchases. Though, these cards are actually gift cards, they can be treated as a debit or credit card as well. These cards hold cash within them as normal credit or debit cards do.
You may use these cards as a debit card too, with a small limitation. Since they come under a debit card program, this means they are backed by MasterCard, VISA, Discover, etc. This allows the cards to be used almost anywhere, and internationally as well.
Online Transactions Since anonymous prepaid cards can be used as debit cards for many things, you can use them for making simple transactions as well, but in order for that to be possible you must first follow a few rules regarding the prepaid card.
The zip code which will be asked to be punched in by the machine is most likely the zip code of the area of the shop where the gift card had been purchased.
International Acceptance The best part about these cards is that they can be accepted almost anywhere; since the cards belong to a debit card program they are accepted globally and also because they have brand logos on them. Let us assume you buy a gift card for a friend who goes abroad; your friend may avail the card at the branch of the store which you have bought the card from to attain a gift of the same value.
Online Activation You must first activate your card online in order to avail services with the card like transactions or purchases from the internet. Once you have activated the card from an online service provider which allows you to, you may finally register your card in order for it to be used.
Disadvantages There are two main disadvantages of buying anonymous prepaid cards, one is that they are expensive, and another is that they come with limits. Another reason for them being less popular is the terms and conditions which are implemented upon them. Not all items are eligible to be purchased under a gift card, and at times you may not find a registered item either.
Prepaid Debit Cards Often, people use anonymous prepaid cards as debit cards or credit cards to make purchases. Though, these cards are actually gift cards, they can be treated as a debit or credit card as well. These cards hold cash within them as normal credit or debit cards do.
You may use these cards as a debit card too, with a small limitation. Since they come under a debit card program, this means they are backed by MasterCard, VISA, Discover, etc. This allows the cards to be used almost anywhere, and internationally as well.
Online Transactions Since anonymous prepaid cards can be used as debit cards for many things, you can use them for making simple transactions as well, but in order for that to be possible you must first follow a few rules regarding the prepaid card.
The zip code which will be asked to be punched in by the machine is most likely the zip code of the area of the shop where the gift card had been purchased.
International Acceptance The best part about these cards is that they can be accepted almost anywhere; since the cards belong to a debit card program they are accepted globally and also because they have brand logos on them. Let us assume you buy a gift card for a friend who goes abroad; your friend may avail the card at the branch of the store which you have bought the card from to attain a gift of the same value.
Online Activation You must first activate your card online in order to avail services with the card like transactions or purchases from the internet. Once you have activated the card from an online service provider which allows you to, you may finally register your card in order for it to be used.
Disadvantages There are two main disadvantages of buying anonymous prepaid cards, one is that they are expensive, and another is that they come with limits. Another reason for them being less popular is the terms and conditions which are implemented upon them. Not all items are eligible to be purchased under a gift card, and at times you may not find a registered item either.
About the Author:
This time you kThis time what co-branded prepaid cards actually are. They are a perfect gift to give at times as they come under a debit card program and offer advantages, but their price may make you think twice before purchasing them.. This article, What Are Anonymous Prepaid Cards? is released under a creative commons attribution license.
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