Love to Shop Online? Consider Using a Pre-paid Card
Last Update Date: 06-10-2026
Published by BW Businessworld
Abhishek Kumar's role: Quoted
Abhishek Kumar said prepaid cards help people keep to a budget and avoid overspending when shopping. He added that they also work well as gifts, letting the recipient choose what to buy.
More of Abhishek's views on money management
The article explains how prepaid cards work: money is loaded in advance and only that balance can be spent, online or in shops. It compares them with credit and debit cards, lists benefits such as spending control and quick blocking, and flags load limits, fees and KYC needs.
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Love to Shop Online? Consider Using a Pre-paid Card