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I. What is a single-use commercial prepaid card?
Single-use prepaid card is a kind of commercial prepaid card, which is issued by commercial enterprises and is only used to buy goods or services in enterprises of the same brand or chain commercial enterprises.

The single-use commercial prepaid card is defined in the Administrative Measures for Single-use Commercial Prepaid Card (Trial) issued by the Ministry of Commerce on September 2, 2002 (Order No.9 of the Ministry of Commerce, 20 12). Single-use commercial prepaid cards are issued by enterprise legal persons engaged in retail, accommodation, catering and residential services. Prepaid vouchers to pay for goods or services are limited to the enterprise or the group to which the enterprise belongs or the unified brand franchise system, including physical cards with magnetic stripe cards, chip cards and paper coupons as carriers and virtual cards with passwords, serial codes, graphics and biometric information as carriers.

Tips: The above instructions are for reference only, reminding consumers to be more cautious and rational when choosing prepaid consumption, improve their awareness of consumer safety, and beware of consumption traps in the face of high discounts and strong publicity and promotion offensives.

Reply time: 2021-11-03. Please refer to the latest business changes announced by Ping An Bank in official website.