The Application of Pre-paid cash card for consumer

Nowadays, majority of the consumers like to use pre-paid cash card when buying products that they are needed. Why consumers like to use pre-paid card? The main reason would be they no need bring a lot of cash on hand during shopping time. It reduces the risk that the cash on hand being rob by thief.

Consumers need to reload the pre-paid card in order to make sure that there is no credit balance. Consumers can reload their pre-paid card by cash at bank, post office, Payzone or PayPoint terminals or through bank transfer.

Application of pre-paid cash card for consumers :

1. Touch' n go - It is a form of pre-paid cash card that can be used for toll payment, KTM , LRT and etc. Consumers should reload the card when there is a credit balance.
2. Online purchase - User also can use pre-paid cash card to make payment when conducting online purchase
3. Prepaid card for mobile phone - Consumers enable to use this card to top up the balances.
4. Withdraw cash - Consumers can use this card to withdraw money from ATM machine.

Reference :
- Master Card Website
- Guide to Prepaid Cards