Glossary

Prepaid Card

A thin plastic rectangle with data stored on a magnetic strip that is issued to a Customer and allows transacting through a separate Prepaid Card account which is held by a Customer.

How does Prepaid Card work?

Prepaid Cards have their own distinct balance from other accounts which are held by a Customer within Issuer. In order to use a Prepaid Card, Customer must place funds on the account, which is specifically designated. 

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