Economics · Banking and Finance
Which type of card relies on funds already loaded onto the card or a linked server account, making it distinct from both Debit and Credit Cards, and often includes features that allow for easy transfer of funds to specific beneficiaries (e.g., government benefits)?
- 1Prepaid Card✓
- 2Co-branded Card
- 3Charge Card
- 4Debit Card
Correct answer
Prepaid Card
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