You can now buy a whole list of different prepaid services in South Africa.

Prepaid refers to services paid for in advance. Examples include tolls, pay as you go cell phones, and stored-value cards such as gift cards and preloaded credit cards.

Prepaid accounts are assets, and they are increased by debiting the account's.




A prepaid card in South Africa functions exactly the way a conventional credit card does, but you cannot get into a credit with it.

Once the preloaded amount in your card runs out, you cannot use the card anymore till you add more cash into the card account. It works the same way as a pre-paid SIM.

Prepaid Credit Card South Africa: Pros and Cons
The benefits of a prepaid credit card are:

More control over spending.

No credit checks are required and minimal FICA requirements.

No interest charges.

Convenience in making a hotel or vehicle reservations.

Revolving personal debt is no longer an issue.


 

The disadvantages of a prepaid credit card are:

There is a fee for setting up your account, loading money into your account, etc.

Lack of credit to help in emergencies.

You cannot improve your credit scores by using a prepaid credit card, as your transactions would not be reported
to the credit rating agencies.

Not all merchants or stores accept a prepaid credit cards.


List Of prepaid Items for Purchase

Electricity can be purchased from any major outlet.

Prepaid ADSL Internet is also available at
service stations all over SA.

Prepaid Airtime for Telkom
 
Prepaid Airtime for Cell Phone Networks Like 8ta from telkom, MTN, Cell C and Vodacom.
 
Even Prepaid Debit or credit cards can be ordered over the internet.
Cost containment.