Understanding Prepaid Cards in Australia
When it comes to giving the perfect gift or creating a flexible reward solution, prepaid cards are a popular choice in Australia. But two types of gift cards often leave people wondering: What’s the difference between an eftpos gift card and a Visa gift card?
At first glance, both options seem similar—they’re prepaid, easy to use, and make excellent gifts or incentives. However, there are key differences that can affect where and how they’re used. In this blog, we break down the features, pros, and limitations of eftpos vs Visa gift cards to help you decide which one is right for your needs.
What is an eftpos Card?
eftpos cards are prepaid physical or digital cards that can be used anywhere in Australia where eftpos payments are accepted. “eftpos” stands for Electronic Funds Transfer at Point Of Sale and is widely used by Australian retailers.
Key Features:
- Domestic Use Only: eftpos cards can be used in-store within Australia only.
- Simply swipe or insert, select ‘Savings’, and enter the PIN.
- Preloaded Balance: The card comes preloaded with a fixed amount and cannot be reloaded.
- No Bank Account Required: It’s not tied to a personal bank account.
What is a Visa Gift Card?
Visa gift cards, on the other hand, are also prepaid cards but operate on the Visa network, which means they can be used anywhere Visa is accepted, including online or overseas (depending on the issuer).
Key Features:
- Wider Acceptance: Use it in-store, online, and internationally (where Visa is accepted).
- Use Without a PIN: Most Visa gift cards are signature-based and may not require a PIN.
- Suitable for Online Shopping: Great for online retailers, subscriptions, or international purchases.
- May Have Expiry or Fees: Some Visa gift cards charge maintenance fees after a certain period.
Which card should you choose?
Choose eftpos Gift Cards if:
- You want a simple and secure gift or reward that works locally.
- You prefer to limit spending to in-store use within Australia.
- You’re rewarding employees or customers with everyday spending options like groceries, fuel, or fashion.
- You’re looking for a branded reward (we offer customisation with company logos).
Explore how you can use eftpos cards across Australia here. →
Choose Visa Gift Cards if:
- You need a versatile gift that can be used online or internationally.
- The recipient is likely to shop at global or digital-only retailers.
- You want a card with broader acceptance, especially for younger audiences or tech-savvy users.
- Bonus Tip: Consider the Recipient’s Needs
Think about how the gift card will be used. For example:
- A school leaver or teen might appreciate the flexibility of a Visa gift card for online shopping or subscriptions.
- An employee reward tied to in-store spending (like groceries or fuel) may be suited to either an eftpos or Visa card.
Both eftpos and Visa gift cards are excellent prepaid options that serve different purposes. eftpos cards are perfect for local, everyday spending in Australia, while Visa gift cards offer more freedom for online or international use.
By understanding these differences, businesses and individuals can make smarter choices when it comes to gifting, rewarding, or incentivising.
Ready to order bulk eftpos Gift Cards?
Whether you’re building a staff recognition program, promotional campaign, or seasonal gifting initiative, we’ve got flexible prepaid card solutions to suit your needs.
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