Stored-value card Netherlands, Geldkarte in Germany, Quick in Austria, Moneo in France, Proton in Belgium, "Carta prepagata" ("Prepaid card") in Italy, FeliCa in Japan, EZ-Link and NETS (CashCard and FlashPay) in Singapore, Octopus card in Hong Kong, SUBE card in Argentina, and Touch 'n Go and MyRapid Card in Malaysia. The U.S. Department of the Treasury manages three stored-value card programs: EZpay, EagleCash, and Navy Cash. Non-government stored-value cards include Aramark GuestExpress, Compass Zipthru, and Freedompay FreetoGo. Stored-value cards are most commonly used for low-value transactions, such as transit system farecards, telephone prepaid calling cards, cafeterias, or for micropayments in shops or
Stored-value card and may be disposed when the value is used, or the card value may be topped up, as in the case of telephone calling cards or when used as a fare card. The term "closed-loop" means the funds and or data are metaphorically 'physically' stored on the token or card in the form of binary-coded data. In the case of Bitcoin and other crypto currencies, this information is stored in the network on a so called blockchain and maintained by the network itself. With prepaid cards the data is maintained on the card issuer's computers. The value can be accessed