Daily Archives: June 17, 2022

What is a prepaid card and what is it for?

What is a prepaid card and what is it for?

The integration of digital technologies into human life could not bypass the financial industry, since in many aspects any citizen today is a consumer. The popularity of contactless payments has grown not only due to the very appearance of this function, but also the development of the Internet and even such negative crisis situations as the coronavirus pandemic. Today, participants…

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What is a prepaid card?

It’s used in the same way as a debit card but loaded to a predefined amount and can be reloaded as and when required.
The prepaid card works just like any other bank debit card...

Does it have a credit limit?

No, it’s not a credit card and carries no credit limit. Simply spend what you have!

I need help!

If you have questions related to your card call the customer services team on 0330 135 5850 or Email help@swiftoo.co.uk

Is the card safe and secure to use?

As with all credit and debit cards we use, every precaution needs to be taken to keep the card safe and your PIN secure. Please refer to the cardholder terms and conditions. The prepaid card aims to reduce the need to carry or hold large amounts of cash.

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Issuer Statement:

The SWIFTOO Prepaid Mastercard is issued by Prepaid Financial Services Limited pursuant to a licence from Mastercard International Incorporated. Prepaid Financial Services Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011, firm reference number 900036, for the issuance of electronic money and provision of payment services. Registered office: Fifth Floor, Langham House, 302-308 Regent Street, London, W18 3AT. Company Registration Number: 06337638.

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