In a study from the early 2000s where consumers were observed using either cash or a pre-paid card, it was shown that those with cash spent less money. This was corroborated in the same study by ...

The first category includes prepaid instruments, such as gift cards and digital wallets, which are recognised by the Reserve Bank of India (RBI). These vouchers are treated as ‘money’ under ...

According to the CBIC, vouchers can be categorised into two types. The first category includes prepaid instruments, such as gift cards and digital wallets, which are recognised by the Reserve Bank of ...

However, you won’t be able to benefit from 0% interest periods like you sometimes can with credit cards. Pre-paid card Prepaid cards can be useful if you simply need the convenience of being ...