Italy’s Postepay

Business Week writes:

[The] “Postepay” card, accepted by the Visa Electron network, is a prepaid, rechargeable Visa or MasterCard that is rapidly becoming the credit card surrogate of choice for Italians without plastic, credit ratings, or even bank accounts.

It’s not just for ATM withdrawals or store purchases, either. Postepay has also become a cornerstone of Italian e-commerce.

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