March 18, 2010
by Daniel Neal
Did you know that as of June 30, 2009, more people in the U.S. had Visa® Debit Cards (352 million) than Visa® Credit Cards (309 million)? (Source: Visa.com) And a recent survey cited by CBS said that 28 percent of consumers planned to increase their use of debit cards while decreasing the amount of purchases they make with their credit cards.
Gift cards have also become extremely popular – US consumers purchased 87 Billion dollars of gift cards last year! However, according to the Tower Group, many consumers are giving more general purpose prepaid gift (debit) cards rather than store-specific gift cards because of their greater utility – they can be used for the basics – gas & phone – as well as in a variety of stores.
Many kajeet customers use their credit cards to pay for their (contract-free!) kajeet plans – but are surprised to learn that debit cards, prepaid cards, and gift cards can also be used. We wanted to highlight this as debit cards can be popular with teens (many of whom pay for their own phone service) – and with those that don’t like to be tied down to things like contracts.
As always, if you have any questions at all, please call our Care Team at 1-866.4kajeet (1-866-452-5338), 9 am – 6 pm ET Mon.-Fri., and 9 am – 3 pm ET on Saturday.