The application of pre-paid cash card for consumers

The prepaid cash card is a stored-value card that you need to top-up the credit in the card to use it.

Credit cards are not so convenient to the public because it has some limitation:
(1) Not all the people can fulfill the requirement to apply credit card,
(2) We cannot use credit card to pay for small amount.
(3) The credit card holder unable to control their expenses and cause the

It may not suit for every person, so now they come out with the‘ pre-paid cash card’ to fulfill the requirement of the public.
With ‘pre-paid cash card’, consumer no need to carry too many cash, reduce the transaction time, convinent for cashier no need to prepare a lot of small change,and the budget of consumer could be control in order of spend too much......

There are few examples of “pre-paid cash card”

IN MALAYSIA
TOUCH ‘N’ GO



The Touch 'n Go is a pre-loaded electronic cash. It can use to pay toll at highway in Malaysia and selected business complexes equipped with Touch n Go company.
Touch ‘n’ Go Card can use for :


(1) Toll Fare (within Malaysia),

(2) Public transportation (such as Rapid KL, KTM and KL monorail),


KTM


KL Monorail

(3) Parking fee (only at selected parkings),


(4) Admission fees (currently only for theme park), and



BUKIT MERAH LAKETOWN WATER PARK ticket can pay by Touch n Go

(5) Retail outlet (such as Burger King, Dunkin Donut, A&W….)


BURGER KING



DUNKIN DONUT



HONG KONG
Octopus Card

The Octopus card is a rechargeable contactless stored value smart card used to transfer electronic payments in online or offline systems in Hong Kong.

It launched in September 1997 to collect fares for the city's mass transit system, the Octopus card system has since grown into a widely used payment system for virtually all public transport in Hong Kong.

It is also used for payment at convenience stores, supermarkets, fast-food restaurants, on-street parking meters, car parks, and other point-of-sale applications such as service stations and vending machines.