General Purpose Reloadable Card
General Purpose Reloadable Card
GPR card stands for General Purpose Reloadable card, which is a type of prepaid debit card that isn’t linked to a bank account but can be loaded with funds and used for everyday purchases, bill payments, and cash withdrawals, similar to a traditional debit card. These cards are popular for budgeting, managing spending, and serving as an alternative banking tool for unbanked or underbanked consumers, with features like direct deposit and ATM access.
Key features of GPR cards:
- Reloadable: Money can be added multiple times via direct deposit, cash reloads, or bank transfers.
- General Purpose: Accepted anywhere debit cards are (Visa, Mastercard networks) for purchases online or in stores, and at ATMs.
- Prepaid: You spend only the money loaded onto the card, helping with budgeting and avoiding debt.
- Versatile: Used for shopping, paying bills, travel, and receiving government benefits or paychecks.
