Are we getting closer to the day when wallets will be reduced to one card? Possibly.
According to several studies and surveys, the millennial generation is paving the way for digital currency to replace conventional payment option: which is paying for products and services using money.
Vision Critical, a Canadian customer research firm, reveals that 43 percent of Gen Y consumers have at least tried using digital currency to make a purchase. The always on-the-go folks also prefer alternative financial products like prepaid cards and check cashing services over ATM and credit cards.
The instantaneous capability of cash cards conforms with the fast-paced lifestyle we are all living in today. Fortunately, many financial institutions are in tune with the demands of this generation.
Metrobank Card Corporation offers YAZZ card, a versatile financial product that “meets the needs of the youth as they carry on their dynamic lives.”
YAZZ card is an all-around prepaid VISA card that allows cashless transactions with over 40 million accredited VISA merchants and ATMs worldwide. This means, cardholders need not bring paper bills and loose change as they pay for their purchases.
The prepaid card can be used to foot the bill at various restaurants when dining with the squad, it also comes in handy when purchasing online or buying tickets over-the-counter for the latest movies, concerts and other shows.
Security and protection is assured as the card is EMV-enabled, the same technology used in credit cards.
To avail the card, one only needs to buy it for P300 at loading partners and convenience stores nationwide. Activate it on the spot by providing essential details for registration. The card may be used immediately after activation.
Moreover, YAZZ card can also be used to withdraw cash at any VISA accredited ATM.
Reloading is easy via Web POS loading site, accessed through mobile phone, tablet or loading kiosk. The minimum load amount is P100 per transaction, while maximum load is P10,000 with a set of P20 loading fee automatically deducted from each transaction. To maximize the shopping experience, the YAZZ card allows an agregate load ceiling of P100,000 per month.
