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Credit Cards versus Debit Cards

Written by on September 10, 2007
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The usage of “plastic money” as they are called is getting so rampant these days that the plastic card it has become an indispensable tool that everyone keeps in their wallets or handbags. Due to the easy accessibility of these cards and the generous credit terms offered, many card holders tend to overspend and later on accumulate a credit card debt so huge that is impossible to pay back. Just like fire, which when small is a good friend, but when it turns big, it starts to work against us. If you are one that cannot live without a plastic card, but have no control over your spending habits, debit cards will solve all your problems.

Many banks and financial institution have come up with their own version of debit cards to supplement those who dislike to spend money on credit but yet wants the convenience that a credit card offers. It is also a good tool for their college going children to keep tab of their spendings by limiting the funds that are usable for their debit cards.

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Another good usage of debit cards in this Internet era, where people are earning money online, are debit cards or virtual cards that allows Internet users to safely send money, transfer funds and making payments for items bought over the Net and withdrawing money that you have transferred to their card account from banks in their locality anywhere in the world. This is a very useful feature as Internet business can really span around the globe.

Epay is one company that markets these cards. Not to be mistaken for an financial institution or a bank, as Epay is not, Epay is an online payment and exchange company and operates with virtual units within the members network – EPAY Dollars and EPAY Euros. Other than offering the Epay Debit cards, Epay also offers EPAY virtual VISA and MasterCard credit cards

Opening an account with Epay is absolutely free of charge and with an Epay account,

you can do financial transactions from any country in the world. You can send and receive money from any country, control your account and all monetary transfers online including recurring/subscription and multiple transfers, use EPAY cards including virtual VISA cards, virtual debit MasterCard cards, exchange digital units using bank wire, e-gold, pecunix, 1mdc, send SMS and make SMS payments, send invoices to any mobile phone worldwide and/or to any email, and other EPAY financial services. With such an all-inclusive service offering a single EPAY account is more than enough to satisfy the needs of regular users or entrepreneurs.

As quoted from Epay’s Website.

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