I think that the European members are familiar with the concept. It is a prepaid cash card that is used for internet purchases. It works similar to a pre paid phone card, except there is no extra charge for the person using the card. They can accept charges as low as 0.50 per transaction They are really nice people. They are going to a real time payment using ACH services You can see a record of all transactions over the internet.
Merchants can get affinity cards with their own logos etc. and advertise on the cash cards.
No set up fee. Currently their distribution is limited but that is changing as more merchants accept them. I strongly encourage everyone to check them out . If there is an alternative to the credit card companies, it will really increase competition. I believe that cash cards are the future, as you can control your business and cash flow without being at the mercy of a credit card company.