Perfect Prepaid Card

In: Computers and Technology

Submitted By zashusha
Words 406
Pages 2
Perfect Prepaid Card:
A card which we use to purchase the items either online or when we visit our near departmental store. The most fascinating feature of this card is that you can add and withdraw money through this card even if you do not have a bank account. In simple words, we can say that this prepaid card means you have a debit card but you do not have any bank account.

With the availability of these cards you can get your earnings or wages paid instantly on your card, you can top up your cards with both Cheques and direct money. Like other cards, these cards are also come up with the self-protective feature that is personal identity number (PIN). This feature ensures the safety of the money of the owner and protects the card from stealing and after issues.

The main benefits of using this card are: no unexpected fees of banks to pay, it is open to every one with no credit checks, can be used for shopping in stores or online. They are secure and come with PIN protection.

Moreover, this card has a drawback and that is it doesn’t come with the facility of mini statements – to show your current balance. It is only you who have to keep the record of what you have spent and how much credit you are left with. These cards are one time investments but cant be used in place of other types of cards like debit and credit cards.

These cards are essential for the students and the children who can get their cards loaded by their parents or guardians. The students can use these cards to buy items from their school canteen or purchase something from a dollar store etc. Through these cards, parents can teach their young ones about the good money management adeptness. In short we can say that these cards are a mean of money for the ‘young savers’. These cards are a way for parents to keep a check on the spending of their kids. We can also refer these cards as…...

Similar Documents

Reloadable Debit Cards Implementation

...“Implementation of reloadable debit card on New Era University” aims to attain the following: * To have an easy transaction in payment purposes of the consumers * To lessen the hassle of counting paper bills and coins * To have an accurate record of all billings in school facilities * To lessen the incident of losing large amount of money Background of the Purpose Prepaid card are rapidly growing having been introduced as an alternative to cash. One of the new trends in payment transaction today is the use of reloadable debit cards. These are actually prepaid cards that can be reloaded with value after it is issued. Within the university, for example, a student cannot control overspending of purchases (e.g.) and as a consequence, he might be forced to bring a large amount of money. Doing so, he is also carrying the risk of losing the money because of carelessness. Moreover, taking into consideration that he must convert first his cash into chits before he could buy is also another picture and the cueing problem of the long lines awaits every student which as a result, time-consuming. Whereas, it is also a difficulty on the administration to maintain transactions on a manual basis. The recognition of income would be another question. There are recent events of fraud and mischief with school chits for personal advantages. The impression to their subordinates would not be good on handling such situations. The use of reloadable debit cards would......

Words: 2180 - Pages: 9

Debit Card

...Part III: Debit Card The debit cards have been out in the market since 1960s. They helped to change the way that people used money and bank accounts. Debit cards are frequently used to pay for purchasing at stores or other locations all over the world. They are also worked by debiting money from owners’ checking accounts. For many people in the United States, debit cards have taken the place of cash and checks. However, debit cards are still a relatively new banking tool. The debit card rules has been changed over time since debit cards were out in the market. There are two main changes that attract people’s attention in recent two years. Electronic Fund Transfer Act: New Overdraft Rules According to Board of Governors of the Federal Reserve System, new rules give debit card users additional options regarding overdrafts. An overdraft usually occurs when a debit card user make a purchase but don’t have enough money in the accounts to pay for it. Banks will cover the costs when card users become overdrawn by charging a fee (Board of Governors of the Federal Reserve System [BGFRS], 2010). Banks used to automatically enroll customers in standard overdraft practices. Banks will cover customers’ transaction for a flat fee around $20 to $30 every time customers overdraw their accounts. Banks also offer an overdraft protection plan that provides a link to users’ saving accounts to cover transactions by charge less expensive fees than standard overdraft practices (BGFRS, 2010).......

Words: 1223 - Pages: 5

Perfect Two

...And we're the perfect two We're the perfect two We're the perfect two Baby me and you We're the perfect two Verse2 You can be the prince and I can be your princess You can be the sweet tooth I can be the dentist You can be the shoes and I can be the laces You can be the heart that I spill on the pages You can be the vodka and I can be the chaser You can be the pencil and I can be the paper You can be as cold as the winter weather But I don't care as long as were together Don't know if I could ever be W/out u cause boy u complete me And in time I know that we'll both see That we're all we need Cause your the apple to my pie You're the straw to my berry You're the smoke to my high And you're the one I wanna marry Hook Cause your the one for me (for me) And I'm the one for you (for u) U take th both of us (of us) And we're the perfect two We're the perfect two We're the perfect two Baby me and you We're the perfect two Bridge You know that I'll never doubt ya And you know that I think about ya And you know I can't live without ya I love the way that u smile And maybe in just a while I can see me walk down the aisle Bsec1/2 Cause your the apple to my pie You're the straw to my berry You're the smoke to my high And you're the one I wanna marry Hook Cause your the one for me (for me) And I'm the one for you (for u) U take the both of us of us (of us) And were the perfect two Were the perfect two......

Words: 500 - Pages: 2

Relatively Perfect

...Relatively Perfect Some individuals can identify musical notes without the aid of a give tone. They are not limited to pitch-naming, the can also perform several musical skills, such as identifying a song’s key signature, labeling all tones of a given chord, mentally notating a piece and recognizing the pitches of everyday sounds like a dog’s bark of a phone’s ring. This ability can be achieved through practice. It is said that ear-trained people cringe when they hear specific songs san out-of-tune. Although they are known to be sensitive around sounds, their hearing is no different from an “average” person’s. This musical ability is known as “perfect pitch”. The ear can be very sensitive to music since music is composed of different pitches. Pitch perception is the way a person “observes” music. There are two different pitch perceptions. Relative pitch perception, or often shorten to “relative pitch”, is basically defined as the hearing ability to identify pitches with the aid of a given pitch; it is also the ear’s ability to recognize the range between two notes which is called the interval. On the other hand, perfect pitch perception—or perfect pitch—does not need help from a reference note. A person who has perfect pitch and relative pitch could have been training through the years. Or he is born with perfect pitch and only attained relative pitch through practice. He could also be a conservatory student who mastered the art of pitch perception because of the...

Words: 1449 - Pages: 6

All About Payment Card

...About Payment Cards Payment cards offer consumers more security, convenience, and control than any other payment method. The wide variety of cards available – including credit, debit and prepaid – offers enormous flexibility, as well. Payment cards give people the power to purchase items in stores, on the Internet, through mail-order catalogues and over the telephone. They save merchants time and money, enable them to attract and retain more customers, and help them grow their businesses. The Origin of Payment Cards Although the first payment card can be traced back to the local “Charg-It” card introduced by John Biggins in his Brooklyn neighborhood in 1946, the Franklin National Bank in New York formalized the practice by introducing the first bank-issued credit card in 1951. Over the next decade, several banks emerged in major cities to work with customer merchants to accept payment cards. However, this system limited consumers’ use of payment cards to an area restricted by the regional banks’ merchant customers. The concept of a wider payment network was born in the mid-1960s when the InterBank Card Association (now MasterCard Worldwide) brought consistency to credit cards. InterBank developed payment network systems to process the exchange of funds between merchants and cardholders, standardized the billing process, and established rules and procedures to reduce fraud and other abuses. The first debit transaction, using an automatic teller machine (ATM) card and personal......

Words: 1258 - Pages: 6

Prepaid Card as an Additive in Roof Making

...Related Literature Introduction: Prepaid cards are made out of plastic and other synthetic materials chosen from a variety of cardboard, PVC, PET and Polystyrene. It can be plenty found everywhere especially at present because of the cell phone and as a need of the people especially in their cell phones. Because of the growing population, moreandmore make use of cell phones and the domino effect is the high quantity of used prepaid cards trashed in the environment, which is bad and has no good effect on us. Thickness Because it is made of such materials stated above, it is said to be durable and a good insulator. IV: Prepaid cards are made out of plastic and other synthetic materials chosen from a variety of cardboard, PVC, PET and Polystyrene. DV: Roof serves as support, outer layer of any building, serves as insulation, and drainage. In most countries, a roof protects primarily against rain. Depending upon the nature of the building, the roof may also protect against wind. Roof cannot provide the enough insulation to keep a room free from the heat from the sun. That is why the used of thatch, a natural fibrous material have excellent in… Synthesis of the review: Prepaid cards are made out of plastic and other synthetic materials chosen from a variety of cardboard, PVC, PET and Polystyrene, which is a good insulator. Plastic on the other hand is strong like the containers made out of it. Prepaid card as an Additive in Roof......

Words: 1202 - Pages: 5

Prepaid Eletricity

...scientific advance on a society of your choice. Based on your research, consider whether any constraints should be put in place. Prepaid electricity in South Africa as a technological advance Prepaid Electricity is fast becoming a Global premium way of being connected to the electricity provider. Most countries, South Africa included now make use of prepaid electricity and meters to provide electricity to their citizens as it makes it easier for consumers to monitor and control their consumption. Prepaid electric power metering was introduced in South Africa as a small scale engineering project in the 1980’s (McDonald, 2012). However, its use dates back to 1913 when it was used in mining settlements. In the 1990’s prepaid electricity was introduced in Soweto townships like Thembisa as a way of improving electricity infrastructure in the townships. One positive effect of this technological advancement was a move away from the financial problems caused by the use of post-paid electricity. Post-paid electricity was costly, as it was based on meters that recorded consumption (McDonald, 2012). The reading of these meters, distribution of bills, dealing with arrears and disconnecting consumers who failed to pay proved to be very difficult. Residents in Thembisa first responded by destroying prepaid meters, while the Thembisa council responded by protecting the prepaid meter infrastructure. Name: Magugu Nyathi Student Number: 45337322 Assignment 02:......

Words: 774 - Pages: 4


...Perfect The only perfect human is Jesus Christ. The rest of humankind is not, cannot, and will not be perfect. Though. Adam and Eve were created perfect they were subjected to Satan who persuaded them to lose their and our perfect status. Sire (2015) tells of Sixia Lu who spoke of the workability of communism. Lu tells us communism could only work if there were perfect human beings. Well. As Lu and many have the ability or capability of being perfect. Ecclesiastes 7:20 tells us “Surely there is not a righteous man on earth who does good and never sins” (NIV, 2011). So what they were taught was a false dream. When Jesus spoke in His sermon on the mount He said “You are the salt of the earth” but that salt could lose its flavor. Jesus wants us to do good works in the world (flavor). When Jesus said “You are the light of the world” He wanted Christians to shine their light so men may see the good works they do for God and glorify God our Father (Matthew 5:14-16, NIV, 2011). Perfection has nothing to do with good works (flavor) or shining our light. To be a Christian means our first culture is not of this world but of Christ. The human race should have a life based upon Christian culture. Humans should be seen by the light they shine and flavor they show in the race of Christianity which is our culture. Shine your light and show your flavor and glorify God. References Grand Canyon University HTH 655 Lecture 3 Notes. (2015, March 9). Retrieved 2016, from Grand......

Words: 313 - Pages: 2

Perfect Pizzeria or Not

...Case 6 A: “Perfect Pizzeria, or Not?”   Case 6 A: “Perfect Pizzeria, or Not” Case Summary Perfect Pizzeria is located in Southville, Illinois. Each operation has one manager, an assistant manager, and from two to five night managers. Employees were mostly college students, with a few high school students that usually performed less challenging duties. The Perfect Pizzeria system is devised so that food and beverage costs are computed according to a percentage. If the percentage of food unsold or damaged in any way is very low, the manager gets a bonus. The chain manager in the case is forced to make decisions in order to receive his bonus. The chain manager is tasked with trying to identify a way to reduce the waste percentage by motivating employees to not waste supplies. In the case study, the manager found that the more he retaliated against employees the higher the percentage became causing him to receive regular wages without the bonus. Apathy grew within the pizzeria as the relationship between the manager and workers further separated because the attempts to alleviate the problem began to make the percentages even higher. With high turnover and even higher waste percentages, management must find a solution to motivate employees to reduce waste so he can receive his bonus in return. Analysis Question 1: Consider the situation where the manager changed the time period required to receive free food and drink from six to twelve hours of work. Try to......

Words: 3912 - Pages: 16

Octopus Card

...Keywords: smart card, transportation, payment system, technology diffusion, Octopus, Hong Kong A b s t r a c t Although debit/cash cards based on smart card technology promised to bring forth the end of loose change, very few managed to gain critical mass or come close to totally eliminating coins including those supported by major credit card operators (e.g., Visa Cash and Mondex). In this paper, we discuss a specific system – Octopus – which not only gained momentum among the passenger transportation industry in Hong Kong, but also expanded into other payment channels such as fast food outlets and snack machines. We examine the factors why Octopus has been successful despite most micro-payment systems failing to gain critical mass let alone expand their customer base. Finally, we conclude that convenience factors, a specific set of societal factors and its management strategy to expand from a captive market towards a generic micro-payment system had been instrumental to the growth of this e-payment system. A Copyright © 2001 Electronic Markets Volume 11 (2): 97–106. Downloaded By: [Schmelich, Volker] At: 12:59 16 March 2010 E-COMMERCE IN AUSTRAL-ASIA u t h o r s Simpson Poon ( is the Director of the Centre for E-Commerce and Internet Studies at Murdoch University in Australia and a Visiting Associate Professor at the School of Business, The......

Words: 6947 - Pages: 28

Perfect Life

...“The secret to a perfect life is not just making money or possessing luxury objects, but is simply developing your inner self.” My Martial Arts instructor rambled on while my eyes grew teary and sleepiness began to overcome me. Little did I know that his quote about developing one’s inner self would cause such a profound impact in my life. When I was 12 years old, I joined a Martial Arts school. When I first joined, I never fully understood the connection between performing the arduous moves to the real world. I simply thought of Martial Arts as a way to learn cool moves shown throughout karate movies at the time. But as I progressed slowly – yet steadily – in my education in Martial Arts, I began to grasp the covert message. Practice. Patience. Persistence. These three values are the most important lessons Martial Arts have taught me. By practicing the punches and kicks continuously, my body begins to wear out and the thought of giving up becomes more appealing by the second. Yet I emerge persistent. By being persistent, I learn to not only endure the difficult workout in the Martial Arts, but also endure any future hardships. With practice, I have grown confident and strong, both mentally and physically. With the values that Martial Arts taught me, I will learned to be instrumental in my pursuit in learning different things in academics and in various cultures. I also learned the covert message to a perfect life: “developing my inner self.”...

Words: 253 - Pages: 2

Perfect Research

...Unknown There is no hope of doing perfect research In 1998, Griffiths observed that there is no hope in perfect research (97). To understand this, one needs to define the terms research and perfect properly. Put in basic terms, research can be defined as the process of probing or rummaging again while the word perfect means a state with no flaws or errors (Chiwa 14). Griffiths argued that the solutions arrived at in any research are not absolute and are subject to change. In my opinion, Griffiths’ assertion holds water, and I unreservedly agree with him. The most common characteristic of a human being is being perfect in imperfection. Put differently, human beings are not perfect. As such, one wonders how an imperfect person can develop a perfect product. Besides, to draw their conclusions and make recommendations, researchers rely on data collected from respondents. This data may be inaccurate as a result of bias or pure imperfectness of the respondents. To crown this, it is a well known fact that, in a given research, some faults must occur (Okerosi 36). If the researcher cannot have control over these limitations, how can he guarantee a perfect research? Human mind is naturally inquisitive and introspective and, as such, must keep on improving the past. Thus, different people search more on topics that have already been done to come up with new ideas and, subsequently, bring developments. If a research were perfect, it would not need any improvements. For example,......

Words: 852 - Pages: 4

There Is No Perfect Research

...gaining full knowledge of the dynamics of an entity is clear evidence that man is interested to fully utilize and dominate the world. Why else would someone make inquiries into something that will not be of help to them, and is already aware of it existence? Research is aimed at searching for a complete understanding of an existing entity known to man. However, every research conducted by man has been proved that there is no hope of doing perfect research (Griffiths, p97). I fully conclude with the observation of Griffiths. Martin Shuttleworth defines research as “… the definition of research includes any gathering of data, information and facts for the advancement of knowledge.” A perfect research would mean that the research with no doubt is a replica of the process and elements involved in the creation of an entity. Does the human being have the power to create replica of what they are not fully familiar? Research after research has been met with critic to explain errors, bias, faults and weakness of the research. If the research were perfect, there would be no existence of vocabulary such as random and systematic errors associated with quantitative and qualitative researches respectively. There are a multiple number of research that have had to be thrown to the dustbin, and some revised due to weakness and discovery of newer dimension and light in the entity that were being researched. Example one (high speed trains) China has unveiled high speed trains (with......

Words: 779 - Pages: 4

Era of Debit Cards

...Debit Cards FIN 397 The Era of Debit Cards Financial Innovation is changing the way of financial services and payment options available to consumers. One of the best financial innovations since the Automatic Teller Machine, also known as the ATM, is the debit card. A debit card is a card that allows you to make automatic withdrawals from your checking accounting to make point-of-sale purchases or to receive cash. Debit cards are a lot like credit cards, except for the fact that credit cards are essentially short term loans, debit cards are more like electronic checks (financial-dictionary). Landmark is credited to creating the first nationwide debit system in 1984 by using ATMs and other networks that would allow debit cards. This made is possibly for small banks to work better with other banks outside their state. As technology grew, this would allow for a system that was able to automatically debit the money used from your checking account. This would make debit cards more available to consumers. By 1998 debit card transactions outnumbered the use of checks around the world ( As we all know this number will continue to grow, by the end of 2009 the total dollar volume of all debit and prepaid cards would total to 1.63 trillion dollars ( The main reasons that debit cards have become so popular and why they are one of the best known financial innovations is because of how easy it has made our lives. Before debit cards, we......

Words: 976 - Pages: 4

An Project on Credit Card

...Chapter one Rational of the study In the sophisticated digital age, the importance of the development of debit card sector is under description for the rapid economic development of the country. It is precondition to have well improved transaction for the rapid development of a country. The debit card is one of the vital and important parts of the bank sector. Basically the economic development of the country depends on the development of trade and commerce of the country. On the other hand the development of trade and commerce depends on the bank sector. So, it is the fair arms to have well improved bank sector for the economic development of the country. In this sense, debit card plays important role for the safely carry and transferring money from one place to another. we concisely enjoy how much they are benefited due to the debit card introduction in Rajshahi city. Not only trade and commerce, we can observe the change of personal life due to the debit card users in Rajshahi. Now it is the age of modern technology. In this age debit card is being used highly as a medium of technology. Debit card is keeping active role in transferring money from are corner to another of Bangladesh. It is the contribution of the bank sector to keep balance development between urban and rural area of Bangladesh. Long-term maximizing profit through customer satisfaction is the main objective of the marketing. To achieve those objectives, it is urgent to eliminate or meet the need of the...

Words: 11167 - Pages: 45