Paying through your credit card? That’s so last year.

It’s 2015 and it’s time to make some financial changes to improve your life. So, get the scissors, cut your credit cards and try an alternative payment through prepaid cards.

So, what’s a prepaid card?

If you combine the convenience of a credit card and a spending limit according to your budget, you’ll get a prepaid card.

Prepaid cards come as a smell of fresh air to those suffering from enormous drawbacks of credit card debt. It works this way: you load money on to the card, and then you use the prepaid card to spend money in the same way you’d spend using a credit card. The difference is, once the money on the card runs out, you can’t spend any more until you have loaded some more funds. Brilliant, no more temptation and overspending!

Bank of the Philippine Islands’ “My ePrepaid” is the first reloadable MasterCard prepaid card in the Philippines that allows you to securely and conveniently shop in ALL MasterCard affiliates online and worldwide.

Through BPI Prepaid MasterCard you don’t need to go through the hassles and costs of a bank account when mobile phone and a piece of plastic can serve most of your needs. This alternative payment offered by BPI also provides the ability to monitor your expenditures and allows you to track any purchase. Certainly, the convenience, ease of availability, guaranteed approval and other features make prepaid card the ideal replacement of credit cards.

On a techier prepaid card note, “nTrust” is a mobile app which enables users to deposit money into digital wallets where it can then be sent to other nTrust users and bank accounts, or used in mobile payments and pay bills. Users sign up for a Cloud account, which they can use to store and send funds digitally. They’re also available to everyone, regardless of credit rating, income, or whether or not you hold a bank account or not. Practicality at its finest.

ntrust-cardThese prepaid cards are testaments to the enriched online security that our society now has. Prepaid cards have safety features that give you greater security and peace of mind as you manage your money.

Online security also has better fraud prevention through its protection system with the latest encryption technology. Further, if an unauthorized transaction is conducted through your prepaid card service, companies offer a 100% reimbursement for any resulting losses to those accounts.

Your transactions and activities are protected by the highest level of security. With this added security feature, you can enjoy greater peace of mind knowing that the online transactions have been further authorized by only you.

Pay like it’s 2015, not 2005.