The application of pre-paid cash card for consumers.

Since is it almost necessary these days to pay for so many things with a credit card, it might make acquiring items and services through the internet or when you are not close to home hard when you do not have one. A debit card can be used similarly and are acknowledged the same places as credit cards, but you will have to have cash in your checking account to pay for the purchases that you make at the moment you scan the debit card.

The usefulness of a debit card may not be obvious at first, but when you use it to buy car fuel or other items and you realize that the money it cost is not going to come due with interest on your next credit card statement, and then you will experience a new feeling of power, the power of no debt.

It is certainly possible to keep yourself from purchasing things with the interest accumulating credit card and become more comfortable knowing you are getting along without going into dangerous debt.
Once you discover that it is smarter to pay as you go, and then you might discover that it is actually easier to save back a portion of the money you have been paying on credit card interest.

Financial advisers may suggest to you that if there is any interest money going someplace, it should be interest you are receiving from your money saved and not interest you pay others because of money you have already spent.

Visa plans to offer customers a prepaid cash card allowing travelers access to money at automated teller machines in 65 countries.

The VIP Visa prepaid cash card can pay the customers bills over the phone, low cost fees and that is online and offline access. Unlike traditional credit cards, the Visa® Prepaid Cash Card does not extend you credit. Instead, accounts are prepaid for a specific amount while still being backed by Visa® for universal acceptance. There is no line of credit and accounts are only good for the balance applied

According to data on online payment methods adopted for online train ticket booking, the share of cash cards has been steadily increasing over the last one year, while the share of credit cards has been slowly declining. From the total 16.27 lakh tickets booked online in September 2007, 22 per cent online payments were made using cash cards, according to Indian Railway Catering and Tourism Corporation (IRCTC) data.