Prepaid card
Prepaid cards are external bankcards for private individuals. Money can be loaded to use in Israel or abroad, including online purchases in a secure manner.
The card is a 'virtual' safe deposit box for storing cash in a digital wallet. Card data can be easily accessed on a user friendly, custom app via mobile phone, clearly showing all expenditure and purchases.
The target audience for prepaid cards is foreign workers, people without a bank account, travelers, online purchases or anyone who want to control their expenditure.
The card is international and may be used for purchases or cash withdrawals all over the world in three major currencies: Israeli Shekel, Dollar and Euro.
I-CHANGE issues and tops up the card in a simple and quick procedure.
Prepaid Card Advantages:
• Parental control over pocket money and children's purchases.
• Foreign workers can save up their money and transfer to their family as and when needed.
• Secure online purchases can be made by issuing a one-time CVV for a single transaction, thus preventing fraud.
Ages 16-18, the card is issued without parental permission.
Ages 13-15, parental permission is required. This option is perfect for parents who give their children pocket money, and provides the perfect platform to, properly educate, financial management and spending control.
