A type of card that allows you to spend money that has been preloaded onto it in advance.  Unlike a debit card, it is not linked to a bank account.  In most cases, you can't spend more money than you have already loaded onto the prepaid card.  Prepaid cards can be reloadable or disposable, but are most often reloadable.  Prepaid cards have a broader usage than gift cards, which can typically only be used from a particular store or brand.

Refer to WAAM Section 60.30.130 - Electronic Benefit Transfers, Payroll Cards, Stored Valued Cards, and Other Electronic Technologies.