For more than a decade, Visa
has invested in growing the prepaid category around the
world.
Visa Prepaid cards enable
consumers to enjoy the convenience and security of a payment card
to access a designated pool of funds without directly linking to a
bank account or line of credit.
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Visa’s flexible platform
allows its financial institution customers to create diverse
prepaid products with a wide range of uses and bring the benefits
of electronic payments to situations that traditionally involve
cumbersome and labour-intensive cash, cheques or paper
vouchers.
Visa’s flexible platform is
supported by technology enhancements and services, prepaid
processing and a global infrastructure that ensures
interoperability and consistency. With a focus on migrating
paper-based programs and processes to electronic forms of
payment,
Visa has established more
than 10,000 Visa prepaid programs in 110 countries, delivering
greater convenience, choice and security to consumers, businesses
and governments.
Visa prepaid products address
a variety of consumer and business needs for more convenient,
efficient payment alternatives over cash and checks.
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By GlobalDataAccess to electronic
payments, through products such as reloadable Visa Prepaid cards,
can help empower financially underserved individuals, providing
more choice and greater control over their money and enabling their
inclusion in the financial mainstream.
Prepaid cards are replacing
cheques for government disbursement in programmes around the world;
Visa Payroll cards are helping employers move to 100% electronic
payroll; Visa Prepaid Travel cards are providing global travelers
with a convenient, secure alternative to cash or travelers checks;
Visa Gift cards are making it easy to give a gift recipients will
appreciate, and Visa Prepaid cards are being used as a solution in
a number of other industries including health care, insurance,
rebates and incentives.
Visa Prepaid cards complement
Visa Debit and Visa Credit products, meeting new and innovative
payment needs across industries and around the world.
