Top PayPal PrePaid Alternatives

With the development of communication technologies, payment means and methods have also seen a transformation. Paying cash is no longer the only means with users having various options like e-wallets, credit cards, and even cryptocurrency. However, credit cards and debit cards also referred to as plastic money in some parts of the world, have been around for quite some time now. Having used them for a fair amount of time, users are well aware of their pros and cons. While they offer users convenience, their overuse leads to severe debt crises for users.

Why use prepaid cards?

There have been several cases of credit card overuse leading to bad debt for users and, in some cases, have also led the users to bankruptcy. Prepaid cards can be a solution to this problem of overspending. It gives users the option of paying through cards and also promotes a more controlled spending approach. These are some of the reasons why users around the world are turning to the use of prepaid cards like PayPal Prepaid. The card comes with various options to load cash and then use it at different places. Moreover, the card has wide acceptance and can be used in several areas.

Various options to refill

Users can choose to deposit money into their card directly, or they can use the available reload locations to load cash or make transfers from their PayPal account. The presence of so many options gives users the flexibility to add an adequate amount of cash at point of time and stop unnecessary spending resulting from the presence of excess balance in the card. Moreover, the users are given several discounts and rewards for using the card. Additionally, to offer ease of access to users, PayPal also offers a dedicated mobile app across both the iOS as well as the Android platform.

Mobile access

The mobile access options provide users with the option of checking their balance on the go and manage other activities. With over 250 million active accounts, the card is expanding its scope rapidly. Such cards allow users to cut down on a number of unnecessary expenses and lead a frugal lifestyle.