Prepaid card - a convenient alternative to cash and traditional cards
The prepaid card, also known as a prepaid card, is currently the third most popular type of payment card in Poland after debit cards (82.5% market share) and credit cards (12% market share). It currently accounts for 5.1% of all cards on the market.
With the emergence of financial institutions that are not formally banks on the market (e.g. PaysafeCard and Skrill), prepaid cards are gaining in popularity, because users appreciate the innovative approaches to financial services and easy-to-use app.
The prepaid card market is estimated to grow by 9.4% between 2022 and 2028.
The increasing popularity of prepaid cards
Digital innovation and the widespread use of mobile phones have played a significant role in the rise in popularity of prepaid cards, as they’re usually attached to an app or service:
- Mobile payments and convenient contactless payments. Prepaid cards are often linked to mobile payment platforms, enabling users to load funds and make payments using their mobile phones.
- Access to financial services for all. Thanks to mobile phones, people who do not have a bank account or who do not use a bank account enough (e.g., relying on alternative payment methods) have access to financial services. This makes prepaid cards a viable alternative when it comes to storing and managing funds.
- International travel and transfers and no surprises when exchanging currencies. Prepaid cards are a convenient and efficient way to pay abroad while travelling. What’s more, you know the exchange rate before approving a transaction, so you avoid unpleasant surprises.
Why you should have a prepaid card
Prepaid cards have many benefits, here are a few:
- You won’t spend more than you have. As with cash in your wallet, the nature of a prepaid card means that you will never spend more money than you have on the card itself. This means it works well as a way to control spending.
- You don’t reveal sensitive data. You don’t have to give out any bank account details when paying with a prepaid card. Unlike credit and debit cards, prepaid cards typically do not need to be linked to a bank account. This also means that there is no credit check when ordering them and there’s no minimum amount to top-up.
- You can top it up. Unlike gift cards, prepaid cards can be reloaded. This means that once you have ordered a prepaid card, you can use it again and again. When you use up the funds on the card, simply top it up again.
- Access to ATM networks. Prepaid cards allow you to withdraw cash at ATMs, just like traditional debit cards. This allows you to get cash quickly to pay somewhere that does not accept card payments.
Prepaid card - where to buy
One of the prepaid cards available on the market is the PaysafeCard Mastercard®. To order it, simply:
- create a PaysafeCard account here;
- verify your identity;
- order your PaysafeCard Mastercard;
- activate your card online.
Once the card has been activated, it is immediately ready to use.
You can top up your account with a PaysafeCard voucher, which you buy at one of the many sales outlets nationwide, or online directly to your account. You can also use funds from your debit card.
Prepaid card PaysafeCard - where to pay
You can use your prepaid PaysafeCard Mastercard in shops, restaurants and other places that accept Mastercard. It is therefore a very convenient and fast payment method both online and in-store.
Why it’s worth paying with PaysafeCard Mastercard?
With PaysafeCard Mastercard prepaid cards, you can protect yourself from overspending because you will never spend more than the top-up value. You also don’t have to disclose your bank account details when paying. At the same time, it allows you to pay cashless at all locations that accept Mastercard. It is therefore an excellent alternative to paying with cash and debit and credit cards. Start benefiting from these advantages and order your PaysafeCard Mastercard here.