My Merchant Account Blog
You can now contact us at 888-928-5280 ext 822
Prepaid Card
Wednesday, July 06, 2011
A payment card with a set amount of money that has been preloaded onto it for future use by the consumer. It is not a credit card or debit card. Prepaid cards can be used in an open-loop (branded by Visa, MasterCard and so forth) or closed-loop (merchant or mallbranded). The most common type of prepaid card in use today is the gift card. It allows a person the convenience of a credit card without going into debt. You can use them to purchase items online or in person, but since you must load them with funds before using them, you never spend more money than you have.
Comments
Search My Merchant Account Blog
My Merchant Account Blog Categories
- Chargebacks (20)
- Electronic Payment Gateways (7)
- In The News (11)
- LinkPoint Gateway (4)
- Merchant Account Fees (23)
- Merchant Account Terminology (80)
- Merchant Accounts (34)
- Miscellaneous (20)
- PCI DSS (14)
- Quantum Gateway (8)
- Security (8)
- Web Hosting and Design (7)
My Merchant Account Blog Archives
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- October 2010
- August 2010
- July 2010
- January 2010
- December 2009
- September 2009
- August 2009
- May 2009
- April 2009
- January 2009
- December 2008
- September 2008
- April 2008
- March 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
- February 2007
- January 2007
- December 2006
- November 2006
- October 2006
- August 2006
- July 2006
- June 2006
- May 2006
- April 2006
- March 2006
- February 2006
- January 2006
- December 2005
My Merchant Account Blog Recent Entries
- Visa Chargeback Reason Code 75 - Transaction Not Recognized
- Visa Chargeback Reason Code 74 - Late Presentment
- Visa Chargeback Reason Code 73 - Expired Card
- Visa Chargeback Reason Code 72 - No Authorization
- Visa Chargeback Reason Code 71 - Declined Authorization
- Visa Chargeback Reason Code 62 - Counterfeit Transaction
- Visa Chargeback Reason Code 60 - Illegible Fulfillment
- Visa Chargeback Reason Code 57 - Fraudulent Multiple Transactions
- Visa Chargeback Reason Code 41 - Cancelled Recurring Transaction
- PCI Compliance - A Review of Consumer Benefits
About My Merchant Account Blog
My Merchant Account Blog SiteMap
Sign Up for a Merchant Account
Accept Credit Cards with a Merchant Account - No Termination Fee, No Contracts
Merchant Account
Resources Directory
Check out the new
Merchant Account Resources Directory
Feel Free to submit you link!
My Merchant Account Blog SiteMap
- Main SiteMap
- Merchant Account
- Electronic Payment Gateways
- Merchant Account Fees
- Merchant Account Terminology
- Quantum Gateway
- LinkPoint Gateway (even though rebranded ad the First Data Global Gateway, it still has a lot of faults and extra charges, we recommend the Quantum Gateway)
- Security
- PCI DSS
- In The News
- Miscellaneous
- Chargebacks
- Web Hosting and Design
Publishers
- Corey R Bryant
- Charles Summerfield
- Randy Goldblum
- Alexander Glasso
If you would like to publish a unique article on My Merchant Account Blog, please contact us.