![]() Of course, before you can make a purchase, you must first load money on your card. ![]() Just swipe the card or insert it (if it comes with a chip), and the purchase price will be deducted from your balance. The process works just the same at retail locations, except that you’ll either hand the cashier the card or use the card machine at the point-of-sale terminal. ![]() When you select the “buy” button, the transaction will process, and the merchant will take the money that you’ve loaded onto the card. Include the security code on the back of the card, if applicable, as well as any other requested information. When you want to buy an item online, you’ll enter the card information on the checkout page. You can’t distinguish them from other cards, and they work just the same. ![]() It features the owner’s name, the card number, the expiration date, and other familiar details. If you’ve ever seen a regular debit card, you know what a personalized prepaid debit card looks like. The stigma that used to surround prepaid card usage has dissipated as more consumers have chosen them over traditional options. Many of them have access to traditional bank accounts, but they choose prepaid instead. They cite multiple reasons, from the desire to stay away from big banks to the potential for improved savings. A Pew Research study revealed that about 12 million Americans use prepaid debit cards.
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