Benefits of a prepaid MasterCard include safety, convenience and worldwide acceptance. With a registered card, owners can recover their money if the card is lost or stolen, according to MasterCard. The company also offers help for customers who suffer identity theft.
Unlike standard credit cards, the prepaid MasterCard requires no credit check. Cards are available to customers who do not have bank accounts, states MasterCard. With the card, consumers have the ability to shop online, and when traveling, cardholders are able to use their card at any merchant that accepts a MasterCard Debit card for purchases and to get cashback.