A digital form of prepaid payment offering global usability within the Visa network, delivered electronically. This payment method allows for convenient online purchases and transactions at merchants accepting Visa cards internationally. An example would be sending such a card to a relative living abroad for use in their local online marketplace.
These digitally delivered prepaid instruments provide a secure and efficient alternative to traditional gifting or fund transfers, especially across borders. Their utility stems from ease of distribution, broad acceptance, and the elimination of physical shipping complexities. Historically, physical gift cards dominated the market, but the digital variant addresses limitations associated with geographical constraints and delivery times, evolving to meet the demands of an increasingly interconnected world.
