Interested in the benefits and cost savings of online purchases but feel uneasy using your standard credit card? Well, the Bopo Prepaid Visa Card is a card that you can load with value and use like any other Visa card, at home, overseas or online!
The Bopo Prepaid Visa Card is issued by Cuscal, Australia's leading wholesale provider of transactional banking, liquidity, and capital management products to specialist financial services retailers. So, just what do Bopo customers get? Well, according to their website, the card offers all the benefits of a credit card, but with the security of a debit card. Additionally, there is no annual fee, no monthly fee, and of course no interest charges. The key features of the Bopo Prepaid Visa Card are:
Bopo also offers a number of unique novelty benefits. These include the ability to design your own card, not only colour choice, but the actual appearance of the card. For business people, Bopo can be tailored with your brand or design, so that your customers will see the card as being connected with your business. This gives your customer a greater association with your business and brand, as well as the security of knowing that the card is backed by Visa. With Bopo you can use your corporate brand to leverage the card as a branding platform.
Cards can be distributed to your casual workforce, field staff or management who regularly accrue expenses. Instead of settling expenses post purchase, you can prepay Bopo cards with the required funds and then track and maintain business payments, both incoming and outgoing. This prevents employees from spending above a predetermined limit and eliminates the risk of exposure to the liability of large credit card limits. This card also enables easy payment of out of pocket and petty cash type expenses direct to the employee that can be accessed immediately world wide.
For non-business customers, the same principle can be applied to your kids. Put their allowance on Bopo as its much safer than carrying a wad of cash, and they can have fun choosing their own card design! You can also use your Bopo card as a PIN based ATM card. For the more savvy customers this could be a way of getting a short-term cash advance from your normal visa card, but without paying the high interest of doing the transaction directly.
The only catch is the activation charge of $14.95, and the schedule of fees which states minor charges of around 25 cents for most transactions. However, Bopo will actually pay you $5 for every friend you refer, an interesting incentive for the closet 'network marketers' out there. So, if you are looking for a safe, secure and fun alternative to a traditional credit card, the Bopo Prepaid Visa Card is an option you should consider!
As of 17 July 2008 Bopo Prepaid Visa Card discontinued to operate. For more information and how to withdraw money from your bopo card please visit Bopo Refunds page.
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