Prepaid cards are a relatively new payment method but have become increasingly popular as an alternative to cash and cheques. Unlike credit or debit cards you are not required to have a bank account, nor is there any link back to your personal identity, making them great for added security. However, all this does come [...]
Prepaid cards have boomed in the UK in recent months after proving a huge success in the US and parts of Europe. They functionally work in a similar way to debit and credit cards, although they are topped up with cash in advance and do not provide a credit facility or have any association with [...]
The uptake of prepaid cards throughout the UK has led to the launch of a number of cards specifically designed for travellers. More people are opting to use travel prepaid cards over more traditional methods of payment abroad, such as traveller’s cheques and foreign currency. However, although prepaid cards are great for use abroad, there [...]
As with all things in life, the way in which we travel and holiday is evolving with the times. As new technologies develop and the economic climate changes, we leave behind past holiday traditions and move on to a new way of holidaying: How often do you rush to buy a postcard and send it [...]
Prepaid cards have proven to be a big hit in the US and around the world, and are now one of the biggest areas of growth in the financial sector in the UK. They work in a very similar way to pay as you go mobile phones – you top it up and cannot spend [...]
The end of an era For those under the age of 30, the term ‘cheque guarantee’ probably means absolutely nothing. However, if you still write out the odd I.O.U, you might like to know that from today (1st July 2011) the payment is no longer guaranteed by your bank or building society. The decision to [...]
Could mobile phones soon replace credit and debit cards as the preferred payment method for millions of Brits? Mobile wallets are set to grow in popularity after the first service that allows consumers to pay for goods using a mobile phone was launched in the UK in May. How do mobile wallets work? Mobile wallets [...]
A Eurostat report published earlier this year found that 7 per cent of British internet users suffered financial losses in 2010, through so-called ‘phishing’ or ‘pharming’ attacks or fraudulent use of their debit or credit card. Even though credit card fraud fell in 2010 – the Daily Telegraph recently reported that card fraud was down [...]
If you’re heading abroad for your summer holiday, managing your money while you are away will be one of your main considerations. There are loads of ways to pay for goods and services when you’re overseas, including foreign currency, traveller’s cheques and credit cards. Now, though, travel prepaid cards are becoming more and more popular [...]
In the 21st century, millions of us are changing the way we organise and enjoy our holidays. Texts have replaced postcards, the best travel prepaid cards have replaced travellers’ cheques and more and more single-trip travel insurance policies are hitting the market. So, are you keeping up with the holiday trends, or are you still [...]
