BENEFITS OF THIS CARD
1. Creates a simple convenient alternative to cash or debit card payments.2. No need to open or have a bank account in order to have a Prepaid Card.
3. The card issuance process is simplified.
4. Provides better record keeping than cash (a history of transactions spent on the
5. Prepaid Card is available on GTP card management system which is available on the
internet).
6. Increase the feeling of security as the Prepaid Card holder remain in control of the
card during transactions - a personal identification number (PIN) is used alongside the
7. Prepaid Card as well as an SMS Text Alert is received in real time with the transaction
placed.
8. Eliminates the need to carry large sums of cash.
9. When cash is lost or stolen; the money is gone forever and in most cases cannot be
recovered. In the case of a lost or stolen Prepaid Card, the value on the cardholder s
account remains intact and can be transferred onto a replacement card or another
Prepaid Card.
10. Allows for the non-banking population (non-account holders) to obtain the card
11. Debit card holders afraid of using their debit cards on the Internet for purchases may
obtain a Prepaid Card which can be used solely for that purpose and is not linked to
their domicile account.
