As our day-to-day lives are being impacted by social distancing, so are our financial transactions. Mentees in Her Honor have been active users of prepaid cards during their mentorships, which has enabled easy distribution and access to their payments. The many benefits of prepaid cards include no-fee ATM transactions at designated machines, as well as security protection from fraud and loss.
Given current social distancing measures, prepaid cards also provide a great option for “contactless” purchases (as opposed to cash). We invite our mentees and their families, as well as our entire community, to learn more about the specific benefits of prepaid cards at https://www.masteryourcardusa.org/prepaid-cards/.
Mastercard has developed Master Your Card programs to help educate communities about the benefits of electronic payments, prepaid cards, and how they can be used more efficiently and responsibly. Their goal is also to help support our most vulnerable communities in this challenging time. For additional information about their efforts, here are links to Mastercard and Master Your Card COVID-19 pages:
If you’re interested in more information about empowering your financial life, follow Master Your Card online at: