Different types of payment cards provide different benefits to their customers. However, the final decision is in the hands of the users to opt for a compatible card that fulfils all their financial needs. Prior to choosing a card, it is essential to know about the basic features of all the types of plastic money.
In order to help you understand one of these payment cards more closely, in this article, we are going to talk about anonymous prepaid cards. Read on to find out how these cards are different from a debit card program and what essential benefits they provide to the cardholders.
Defining an Anonymous Prepaid Card These are commonly referred to as credit cards but in actuality, their function is similar to that of a debit card program. The significant difference between a debit and a prepaid card is that debit cards are associated with an official bank account of the user, whereas, a prepaid card is linked to a virtual bank where the money is saved. However, in some cases, prepaid cards too, are issued by banks that are in collaboration with various businesses.
Advantages of Choosing Anonymous Prepaid Card Following are some major advantages that make anonymous prepaid cards a better and more reliable option, Shopping without revealing identity Anonymous prepaid cards allow customers to make transactions without revealing any of their personal information. This way, it keeps their identity protected and saves them from the risk of identity theft.
Improved Security One of the major advantages that anonymous prepaid cards bring to their customers is enhanced privacy, with safer shopping options. The customers do not need to reveal their identity in order to make a purchase. This is particularly helpful for those customers who constantly buy items online as they need to secure their personal identity.
No adverse affect on credit score Contrary to a debit card program, prepaid cards do not lend any additional money to the customers. Since no-credit means no repaying of debts, it automatically saves them from negative credit scoring.
No flood of advertizing mail Once you share your personal details with a store while making a transaction, it is most likely that the brand will contact to you via countless mails. These can be extremely annoying as numerous promotional mails might make you miss an important one. Fortunately, anonymous cards save you from such occurrences as there is no need of sharing personal details while making the purchase.
Preventing overspending of funds Unlike debit card programs, which lend you money under the overdraft option; prepaid card saves you from the curse of debts. By limiting the customer within the boundaries of available assets, it reduces their expenses.
In order to help you understand one of these payment cards more closely, in this article, we are going to talk about anonymous prepaid cards. Read on to find out how these cards are different from a debit card program and what essential benefits they provide to the cardholders.
Defining an Anonymous Prepaid Card These are commonly referred to as credit cards but in actuality, their function is similar to that of a debit card program. The significant difference between a debit and a prepaid card is that debit cards are associated with an official bank account of the user, whereas, a prepaid card is linked to a virtual bank where the money is saved. However, in some cases, prepaid cards too, are issued by banks that are in collaboration with various businesses.
Advantages of Choosing Anonymous Prepaid Card Following are some major advantages that make anonymous prepaid cards a better and more reliable option, Shopping without revealing identity Anonymous prepaid cards allow customers to make transactions without revealing any of their personal information. This way, it keeps their identity protected and saves them from the risk of identity theft.
Improved Security One of the major advantages that anonymous prepaid cards bring to their customers is enhanced privacy, with safer shopping options. The customers do not need to reveal their identity in order to make a purchase. This is particularly helpful for those customers who constantly buy items online as they need to secure their personal identity.
No adverse affect on credit score Contrary to a debit card program, prepaid cards do not lend any additional money to the customers. Since no-credit means no repaying of debts, it automatically saves them from negative credit scoring.
No flood of advertizing mail Once you share your personal details with a store while making a transaction, it is most likely that the brand will contact to you via countless mails. These can be extremely annoying as numerous promotional mails might make you miss an important one. Fortunately, anonymous cards save you from such occurrences as there is no need of sharing personal details while making the purchase.
Preventing overspending of funds Unlike debit card programs, which lend you money under the overdraft option; prepaid card saves you from the curse of debts. By limiting the customer within the boundaries of available assets, it reduces their expenses.
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Finally, we can say that individuals can get as much benefits from an credit card program as offered by debit card programs; however it adds more value by providing some additional advantages to them. To experience securer and simpler transactions, get your co-branded prepaid card today!
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