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Advantage Prepaid Cards.xls

Advantage Prepaid Cards.xls

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Published by Nishant Shah
axis bank
axis bank

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Published by: Nishant Shah on Oct 26, 2013
Copyright:Attribution Non-commercial


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Preloaded Card The futuristic way to carry Money Worldwide VISA ATM’s across the Globe available in local

currency of the country. Also readily accepted at POS locations

DD ▪ Time Consuming ▪ Only In banking Hours

Travelers Cheques


Lengthy procedure conversion loss and commission.


Access to funds 24/7 from over 1 Million VISA ATM’s & to make payments at over 14 Million merchant outlets across 130 Countries.

▪ At selected Banking/ATM Branch ▪ Only in banking Hours ▪ Accessible after account opening ▪ Cumbersome process depends upon Bank in India. ▪ Delay due to local & International laws due to lots of formalities. ▪ May take months to establish Loss.

Not always en-cashable and not readily accepted at POS

Lost / Stolen

• Funds can be blocked from Misuse & replacement card can be issued in 2 working days. • Pin Protection – Ensures maximum protection if the card is lost or stolen

Cumbersome process and delay due to local laws.


• • • • • •

Once activated, usage is protected ATM Usage : ATM PIN protected Free SMS alert on every transaction Instant knowledge of misuse Pin Protected, complete peace of Mind Merchant outlet usage : Signature protected

No security

Fairly secure, To be signed and identity to be established

Insurance & • Personal accident insurance cover – Rs. 2,00,000 Other benefits



Expense Tracking

• Physical statements sent at the address with Bank • Smart statement; Adhoc statements also provided • Accounting made easy with statements, invoices, MIS • Easy Tracking & Accounting • Net Access on every Card Balance, Statements, Alert management

Not Available

Not Available

Customer Service

• 24 hours phone support. • Remotely re-loadable: In need of cash, Card can be reloaded even when the student is abroad


Depends on Issuer and Toll free numbers available. Services available only in the working Hours

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