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When we trace back the use of money, we have to go to those times when people used to barter commodities. Exchanging things became less convenient when let’s say a man wanted some gold ornaments and he had a huge collection of cattle. For a small sized jewelry he had to give away a couple of his oxen and giving away his oxen would cost him dear because it was the only tool which he would plough his field with. This is why barter system was becoming difficult, slowly things changed and they created bills of promissory notes. Before these however, there were a lot of other practices like keeping valuables as collateral and getting required things from the merchants. And now at present everything has changed. People have developed prepaid visa card in order to buy things.

A prepaid visa card is basically a kind of credit card. The only difference among these is, a credit card has got a fixed limitation within which the card holder can spend but in a prepaid visa card, a user can spend as much amount depending upon their balance in their respective bank account. While using a credit card, it is not a mandatory to have cash balance in their bank account whereas in a prepaid visa card, it is compulsory to have balance in order to use it. If there’s no balance then there’s no actual chance of using it while buying.

There are many pros and cons while using a prepaid visa card. One of the most important aspects of a prepaid visa card is that, it allows a user to spend according to their financial capability. This is why a prepaid visa card is the best when it comes to managing budget. If people started to spend their money in a wise manner, it would eventually help the whole economy of a nation. Having said this, it is not that, credit cards are evil but to those who have tight budget would be benefited to a great deal if a prepaid visa card is used.