Monday 24 July 2017

The New Generation of Prepaid Cards – Handy, Safe and Secure!

With the advent of prepaid cards in the Indian market, they have certainly gained a lot of popularity not just amid individual users, but as a means of remunerating employees and even presenting a smart gift to a loved one on a special occasion. People, especially the service class, find it convenient to make payments through prepaid cards instead of sparing cash or writing cheques. On the other hand, employers are also able to use them for specific purposes such as, travel cards, payroll cards, meal cards, and as gift cards. IMPS Indepay prepaid cards are touted as the best in the market.

Evolution in the Usage of Prepaid Cards

One of the best advantages of using a prepaid card is to cut down or control employee spending. These cards can be loaded with necessary capital, and the chances of overspending are practically zero. At the same time, the risk involved in minimal as employers have 100% control over the cards. They can restrict the use anytime during the course of its usage.

These cards can be used for a variety of different purposes. These include, making purchases online, at the local stores, withdrawing money from the ATMs, paying bills, and much more.

Prepaid Cards Vs Corporate Cards

Corporate cards mimic as possible business expenses, but there’s a high risk attached to them. Yes! They offer convenience, but at the same time, they offer very limited control. There’s a high possibility of exploiting the funds – misuse and frauds. In the event of the loss of the card, the probability of getting the loaded cash back – instantly blocking the card and ceasing transactions is low.

The advent of prepaid cards, such as IMPS Indepay cards allow the companies to exercise utmost convenience. They are secure, easy to use, and a perfect blend of every possible feature one can think of, in an ideal prepaid card.

The Next-Gen Prepaid Cards

Indepay prepaid cards mark as the advent of a new age in the era of resource management and capital stability. When put to use, these serve as a classic alternative to carrying cash, especially today, when the Indian economy has just gone through the jolt of demonization. Steer away from making cash transactions. Make use of these classic plastic money cards. Prepaid cards also serve as a powerful analytic tools that give you an insight on your expenditures and how to smartly reduce them.

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