Their cards are not available worldwide
Their business cashback solution is different then the consumer solution, and is made exactly for handle worlwide cashback.
From the Terms and Conditions on the "Prepaid Financial Services" website:
"Your Card is not a credit card and is not issued by a bank."
Cards are available in UK pound, Euro, USD, SA Rand and AUD.
Fees: ATM withdrawal fee inside UK min $2 max $7.50. Outside UK min $4, max $10
Over the counter cash advance fee $12
Query made to customer service $1.50
Transfer to bank account: in UK $7, International $12
Monthly service charge $2
Monthly inactivity fee $5
Foreign exchange mark-up 3%
Cancellation fee/administration fee $20.
In other words - "Prepaid Financial Services" will retain a large part of your payout before you can even access your funds
and if you make the mistake of forgetting to use your pre-paid card for some time then it is sucked dry by monthly fees.
This is the same complaint that many low wage workers have for their employers are switching to the "cheaper" (for them) services of
issuing pre-paid cards instead of checks that can be deposited in a bank account for *free*, while the pre-paid cards come with
a large amount of hidden fees that cause their use to be excessively costly and a large chunk of low wage salaries flow back to
the card issuers from all the fees levied on those cards. Comments on this practice are in the order of "illegal practices for stealing
from poor people; illegally forcing them to use expensive pre-paid cards".
Not really the type of business that I would like to voluntarily be associated with if I would design a payment system for a coin....
I may be mistaken about the fees, please educate me - this is the best info that I could find on the confusing website of this company.
