The card issuer firm claims that the debit card facilitates users to efficiently manage their money by offering convenient and affordable alternatives to traditional banking.
Kaiku Finance CEO Jon Round said, "The KAIKU Card is an affordable and smart lifestyle choice for all types of consumers, with transparent and low fees, great features and, convenient tools to enable anyone to manage his or her money through his or her preferred channels."
KAIKU card holders’ funds are FDIC insured, and the firm does not levy any activation charge, while offering the service on nominal monthly fee of $1.95, said Kaiku.
Additionally, the card allows users to load funds by cash, from a credit card, from a bank account, by transfer from another KAIKU Card.
Consumers can carry monetary transactions at over 43,000 surcharge-free ATMs around the world through the Allpoint Network and valid wherever Visa is accepted.
