What is a prepaid card and what is it for?

Jun 20, 2023

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In the modern world, a lot of services have simplified the life of a person. A large number of manipulations, which previously required visiting physical institutions, can now be implemented without leaving your home or place of work, and all this thanks to digitalization. A smartphone, or other gadget, contains a huge power that makes a person mobile and free. Today, citizens easily make purchases, pay for services and send funds online, which is why the relevance of online financial institutions and their convenient and ergonomic Internet banking has grown. In this context, you should know: what is a prepaid card and why is it needed, as well as a service where you can register this financial instrument.

Free prepaid card: what you should know about it?

Before ordering a prepaid card online, you should understand for what purposes and situations it can be used. So, a Mastercard prepaid card (or another payment system) is a card that has a limit on the content of a certain amount, while financial transactions on it are confidential, since it is not tied to the holder's main bank account. It is possible to spend money from it anywhere in the online and offline space.

Unlike its debit counterpart, the prepaid card, which you can issue online on our website, never has a credit part (overdraft) and is adapted for spending, not storing finances. And getting it is much easier than with a credit card, you should see for yourself today!


What is a prepaid card?

In order to get such media, the client needs to create an account on the swiftoo official website. To do this, you need to fill out the registration form and send the necessary documentation for processing - this will definitely not take you much time. At the same time, the client receives the card after a short period of time and can safely use it after replenishing it.

Ordering a Mastercard prepaid card is beneficial for those who want to spend money safely and comfortably. Our service prioritizes the confidentiality of consumer data and the security of his account.

A stored value card will be an excellent assistant during travel, business trips, as well as for receiving wages and controlling your own savings.