Financial Prepaid Debit
In Europe a relatively new market is being established - Prepaid Debit. These products may have a value already loaded on them or may require that you top them up with a value of your choice. These products are perfect for many scenarios including;
- Safe online purchasing
- Providing a way for children to use their pocketmoney to spend online
- Being able to spend in the High Street where Mastercard and Visa are accepted but without the need for a Bank Account
- Budgeting and tranfering money to friends and family in your country or overseas
InComm Europe is expanding their portfolio but currently offers products from Virgin Money, Western Union, 360 Money (Splash Plastic and Optimum).