POV Type of Cards

1. Debit Card

• Direct Account Access: Connects directly to a user's bank account for seamless transactions.

• Convenience: Can be used for in-store, online purchases, and ATM withdrawals.

• Budget Management: Spending is limited to the available account balance, preventing overdrafts.

2. Prepaid Card

• Controlled Spending: Users can load a specific amount, helping manage budgets.

• No Credit Check: Ideal for those without access to traditional banking.

• Flexibility: Can be reloaded and used anywhere that accepts debit or credit cards.

3. Gift Card

• One-Time Use: Preloaded with a fixed amount, perfect for gifting.

• No Need for Bank Account: Can be used without the need for a bank account or credit history.

• Versatility: Usable in various stores and online platforms.

4. Virtual Card

• Enhanced Security: Ideal for online transactions, reducing fraud risk as no physical card details are shared.

• Instant Issuance: Can be generated instantly for immediate use.

• Convenience: Easily managed through digital banking apps, with no need for physical handling.

5. Crypto Card

• Direct Crypto Spending: Enables users to spend cryptocurrencies directly or convert them to fiat currency at the time of purchase.

• Rewards: Some crypto cards offer cashback or rewards in cryptocurrencies.

• Global Use: Can be used wherever major credit or debit cards are accepted, bridging the gap between digital and traditional finance.