Typical Applications
Typical applications of stored-value cards include transit system farecards, telephone prepaid calling cards or for micropayments in shops or vending machines. Examples of country specific payment cards include Chipknip in the Netherlands, Geldkarte in Germany, Quick in Austria, Mon€o in France, Proton in Belgium, FeliCa in Japan, EZ-Link and NETS (CashCard and FlashPay) in Singapore and Octopus card in Hong Kong. The German Geldkarte and the Austrian Quick card are also used to validate customer age at vending machines for cigarettes.
Typical applications of organisation specific or industry specific prepaid card include payroll cards, rebate cards, gift cards, and travel cards and U.S. based health schemes such as HSA cards. The U.S. Department of the Treasury manages three stored-value card programs (EZpay, EagleCash, and Navy Cash) which are used by the U.S. military as electronic alternatives to cash in areas characterized by difficult access and limited banking / telecommunications infrastructure.
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