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Enterprise Bank unveils prepaid MasterCard

By BusinessNews Staff on November 24, 2013

Enterprise Bank Limited has assured its customers of additional benefits through the use of its dual purpose prepaid MasterCard that is used locally and internationally.

The card is a multi-purpose chip and pin debit card that can be pre-funded with cash. It can be used to effect transactions on the internet, Point of Sale (PoS) terminals and cash withdrawal from Automated Teller Machines (ATMs).
A statement from the bank said the unique benefit of the card, which is open to both customers and non-customers was that cardholders would have no need to open or have a bank account in order to have the prepaid card.
The card, which can be pre-funded in naira or United States dollar it further described as ideal for students, corporate accounts (expense cards, estacode, and corporate travel) and travel cards among others.

The card, the bank stated, also eliminated the burden of carrying large sums of money around just as it allows its holders to spend conveniently since both the Personal Travel Allowance (PTA) and Basic Travel Allowance (BTA) are loadable on the prepaid card.
With the product, the statement further affirmed that, “Holders of the MasterCard prepaid do not need to carry huge amounts in foreign currencies during foreign trips because money loaded in the card is already available, secure, safe and can be used anywhere in the world. What that means is that it is convenient for everybody that will be travelling both within and outside the country during the festive period.”

[This Day]

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