We are using cookies This website uses cookies in order to offer you the most relevant information. By browsing this website, you accept these cookies.
A stored-value card (SVC) is a payment card with a monetary value stored on the card itself, not in an external account maintained by a financial institution.
MasterCard declined to describe this summer's more promising technology, other than to say it "utilizes current magnetic-stripe technology and is not a stored-valuecard."