Table of fund cards with features and uses
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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