OTHER TYPES OF CARDS

Open Loop Card: Its Functionality And Benefits

What is an Open Loop Card? An open loop card is a type of payment card that can be used at any merchant or retailer that accepts card payments. Unlike closed loop cards, which can only be used at specific stores or brands, open loop cards are accepted at a … …

Gift Card Definition Types and Scams To Avoid

What is a Gift Card? A gift card is a prepaid card that contains a specific amount of money, which can be used to purchase goods or services from a particular store or retailer. It is essentially a form of currency that can only be used at the designated location. … …