How does a GCard differ from a traditional credit card?
Our prepaid debit GCards are Visa and MasterCard-branded and resemble regular credit and debit cards. The difference: Prepaid debit cards are spending tools that have been funded, in advance, by the card purchaser. If a company or an individual gives someone a GCard Visa or MasterCard they’ve already applied a fixed amount of funds to the card. Once this amount is completely spent, the recipient can either dispose of the card or retain it and top it up. By contrast, traditional credit cards are not only for making purchases, but are designed as potential, long-term tools for credit-building and personal financial transactions.
