PrepaidCard
Latest
Skype launches prepaid cards in UK: Available in over 1,400 stores, credit starts from £10
Skype has unveiled a series of prepaid cards for the UK, offering users without a credit card the ability to top-up their accounts starting from £10. A second £20 card will also be available in UK retailers including Asda, Currys, PC World, Sainsburys and bookseller WHSmith, with both denominations redeemable globally through the Microsoft company's online portal. While Mexico got there first, we've been told that more countries can expect their own currency-specific cards later this year. You'll be able to use the prepaid credit to pay for Skype subscriptions, including unlimited world calling bundles starting from £8.49 per month -- all in time for that incoming Windows Phone 8 app.
Google Wallet to phase out prepaid card, cut-off date set for October 17th
Google Wallet's prepaid card concept has been plagued with its share of security concerns, and though Mountain View seems to have sorted out those issues, it's now phasing out the prepaid card program entirely. The service was intended to make up for a limited choice in debit and credit cards, and now that Google Wallet accepts any and all plastic, the prepaid option is a bit moot. The cut-off date for adding funds to a Google prepaid card is September 17th, and the prepaid option will vanish entirely on October 17th. Whereas users were previously charged $2.00 per month after 180 days without a transaction, they'll get slapped with the same fee after 30 days of no purchases. Google says you can request a refund if you have a remaining balance after the prepaid option kicks the bucket, though it's probably a good idea to just go ahead and spend those leftover dollars. [Thanks, Chris]
AMEX and Zynga team up for themed card, replace cash back with FarmVille rewards
Have you ever judged a friend's financial savvy based on the rewards yield of the cards in their wallet? Now you won't have a choice. For those of you that abhor free flights, detest comped hotel rooms and net severe displeasure from earning cash back, AMEX may finally have your plastic match. It's called the Zynga Serve Rewards card -- yes, the same Zynga that's behind time-sink cash cows like FarmVille, CityVille and CastleVille (?!) -- and it enables you to accrue "Zynga Farm Cash," which as you might imagine provides no financial gratification in the physical world. "FarmVille players now have the ability to plant an interactive Serve Money Tree in their Farms which will give them the ability to level up in game and earn Zynga Farm Cash for virtual awards redemption." We can't make this stuff up. The co-branded prepaid card is tied to a US currency-filled bank account, debit or credit card, and rewards will be assigned for your first five purchases of $25 -- at launch, with further incentives to come later this year. On top of that limitation, there's also a fairly outrageous fee structure (which effectively translates to 2.9 percent of each transaction when the account is funded with another credit card), detailed in full at the source link. Well, at least the card is colorful. Go tell that "Serve Money Tree" that water's on the way!
Google Wallet supports prepaid cards once again, afflicted users get $5 in compensation
Google Wallet's prepaid experiment hasn't been the smoothest of endeavors, but the company wants to make up for all the headaches -- with cash. A few weeks ago, Google disabled a feature that allowed users to add a Google Prepaid Card to their wallets after either removing it, or resetting their apps. The move came in response to mounting security concerns, but those issues have been allayed with the latest version of Google Wallet, meaning that users can now re-add their prepaid cards and hoover up all the money that was previously on them. To make up for the "inconvenience," Google has added an extra $5 to every prepaid card, and sent an email out to all its customers to let them know about it. So if you count yourself among the legions of inconvenienced, be sure to add your card and spend that $5 on something sublime.
