(154) In arrangements where the bank or credit card company issues an open-loop stored value card
directly to the customer, the bank or credit card company may list the account holding the funds under the customer's name, similar to a normal bank account.
Indeed, stored value cards
have come a long way since their introduction 10 years ago.
Cabrera also tweeted last May 8 that the new beep card will not contain the last-ride bonus being enjoyed by present stored value card
The SmartClixx solution is currently installed in numerous nationally and internationally recognised retail brands, processing more than a bn dollars of stored value card
transactions annually, through thousands of locations.
For example, passengers who use the app between May 1 and 5 will have a chance to win a special issue stored value card
, TMC said.
"Passengers may opt to purchase single-journey ticket, Stored Value Card
(SVC) or top-up SVC through station tellers.
We expect to have an all-transport services stored value card
. Without these, visitors will turn to the car.