Reloadable Prepaid Debit Cards: A Financial Tool for a Wide Variety of Consumers
Available in Gift Card Mall™, reloadable Visa® or MasterCard® debit cards look and act just like a credit card — the only difference is that the cards are prepaid. They are widely accepted and can be used at millions of locations to:
- Pay bills online
- Make catalog purchases
- Pay at gas stations, restaurants or retail stores
These cards can be reloaded over and over again. Prepaid cards also have the same security benefits as credit cards and can be replaced if lost or stolen.
It's no wonder that reloadable prepaid debit products are popular with consumers who may be credit challenged. They have also proved very popular as a budgeting tool, especially for teens, college students and for consumers who are traveling. This category has seen consistent double-digit growth year over year and is now a multi—billion dollar market.
Blackhawk Network is the leading retail distributor for reloadable prepaid debit cards, proving our strong commitment to better serve our card partners.
Our embrace of and success with this versatile product is one more example of our commitment to products that fill a void in the market. It is further evidence that the best business opportunities come from understanding consumer needs and providing unique solutions.