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 lost and is a windfall gain for the issuing merchant. The merchant also obtains a windfall gain if a card has an expiry date and the cardholder fails to use the full value by that date. Furthermore, the merchant has an interest-free use of the value until it is redeemed. Semi-closed system prepaid cards are similar to closed system prepaid cards. However, cardholders are permitted to redeem the cards at multiple merchants within a geographic area. These types of cards are issued by a third party, rather than the retailer who accepts the card. Examples include university cards and mall