The application of prepaid cash card for consumer

Prepaid cash card, a preloaded card for people to spend on the products and services with the money they deposit in the account . Unlike the credit card, using prepaid cash card you no need worry about overload your card and faced any debts. Once your spending come to the limited amount, you cannot spend anymore until the money deposit again to the account. Besides, it is also a perfect way for the users to control their own spending and budget before making any payment.

Here are the examples that are using for explain how is the prepaid credit card has been applicated in our daily life:



Touch' n Go or (TNG), smart card is used by Malaysian Expresses ang Highways operators as the sole electronic payment system(EPS). Currently, The Touch 'n Go card is no longer only for the toll fare, but also for public transort, parking services and certain retail merchant outlets. By using the touch' n go, the speed of payment can be enhanced and as convenient as we no longer requires to prepare small change. For example, the users no need to waste the time to queue up at the cash lane for the toll fare. With the touch' n go, now u can just waiver at the sensor and pay the toll fees, it really save a lot of the users' time and improve the problem of traffic jam.

Octopus card, the first contactless smart card system in the world. It lauched in September,1997 and used to transfer electronic payments in online or offline system in Hong Kong. When the octopus card first introduced in Hong Kong for the fare payment in MRT, but now the card is wisely used in multiple other services. Similarly with the Touch' n Go smart card, octopus card is wisely used payment system for virtually all public transport in Hong Kong and also used for the parking services,certain retail outlets like fast food restaurant and supermarket. It just became part of the Hong Kong people's life and simply waved over a sensor and the correct amount is either deducted or added to your balance immediately.

For more information, you can visit to the following websites:
http://www.moneysupermarket.com/c/prepaid-cards/guide/
http://www.hong-kong-travel.org/Octopus.asp
http://www.dmsretail.com/etailing.htm
https://loyalty.touchngo.com.my/