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  4. Table of fund cards with features and uses

Table of fund cards with features and uses

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  • bbadminB Offline
    bbadminB Offline
    bbadmin
    wrote last edited by
    #1

    Here’s a clear table comparing the different types of Fund Cards:

    Type of Fund Card Description Key Features Typical Use
    Prepaid Debit Fund Card Can be used anywhere debit/credit cards are accepted Reloadable, linked to card networks (Visa/Mastercard) Everyday spending, online shopping, bill payments
    Gift Fund Card Store-specific or platform-specific card Fixed value, usually non-reloadable Buying products/services at the issuing store or website
    Virtual Fund Card Digital-only card, no physical form Instant issuance, secure online payments Online shopping without exposing bank details
    Travel/International Fund Card Designed for international use, multi-currency options Converts currencies, works abroad, may reduce fees Travel, foreign currency payments
    Corporate/Business Fund Card Issued to employees/departments for business expenses Spending limits, tracking, company-controlled Business travel, office purchases, expense management
    Government/Welfare Fund Card Issued by governments for social benefits Restricted spending categories (food, healthcare, etc.) Distributing subsidies, welfare, or aid
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