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How can you sell prepaid card?

Updated: 9/18/2023
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13y ago

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Certain credit card terminals now includes prepaid services as part of our value added offerings. The merchant pays nothing for the prepaid cards as they are on consignment. The terminal must be enabled to allow a merchant to activate the prepaid cards, which has no initial value.

Prepaid cards includes all the phone cards and popular store cards such as Blockbuster, Chili's, Home Depot, Red Lobster, Pizza Hut, AMC Movies, Footlockers, Sears, Bass Pro Shops, TGI Friday's and Toys R Us. Discover Gift Card, T-Mobile, Tracfone, Verizon, Virgin Mobile etc.

To sell prepaid cards you need to get a terminals enabled with Prepaid functions.

What's important to know?

  • No cost to the seller
  • Prepaid converts the terminal into a revenue source instead a cost center
  • Let your card terminal pays for your merchant account
  • Prepaid software co-exists in the same free terminal
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