Application of prepaid cash card
· Online purchase
Prepaid card users can purchase any products and make payment through online.

· Withdraw money
It is just like an ATM card, with an authorize PIN number; card users can withdraw money within the amount deposit into the account.

· Toll payment
Using Touch‘n Go card is an expressway of making toll payment at all highways and use for public transports’ fares like bus, LRT and so on in Malaysia.

· Prepaid mobile phone
It also can be used to top up mobile phone’s credits. Funds can also be transfer to the prepaid phone via text message.

· Virtual traveler’s check
Some prepaid card like MasterCard travel card is acceptable in worldwide. Card users can ask their family to deposit money and use it when needed in the trip.

Consumers always choose prepaid cash card when making transaction because it bring lots of benefits to them. They can go for shopping without carrying loads of cash but only shopping with a card which is safer. Besides that, consumers can control their spending which only can spend the amount deposit in the card. Thus, prepaid cash card is making consumers’ life easier!


References:
Prepaid Card MasterCards. (2009) Retrieved on 4 July, 2009
http://www.mastercard.com/us/personal/en/aboutourcards/prepaid/index.html

Offshore Bank Accounts PrePaid Debit Cards (2009, June) Retrieved on 4 July, 2009
http://www.ofiz.com/2009/06/m-payment-a-threat-to-anti-money-laundering/

Guide to prepaid cards. (2009) Retrieved on 4 July, 2009