A prepaid card is an alternative payment card that you top up with the money to use in stores and online. You can only spend the balance you have available on the card, then add more money when it runs out.

Unlike a regular debit or credit card which is a representation of your bank account and balance. Your prepaid card has a separate account balance even though it is linked to your Paga account.

These reasons make prepaid payment cards popular among ‘unbanked’ people who can’t access traditional banking services or don’t want to. People also use them for budgeting because you can’t overspend or run up debts as you might with a credit card.

Prepaid cards are safer than carrying cash around too. You can still use a Paga physical prepaid card to get cash out from an ATM whenever you need to, just like you would with a regular debit card.