Advantage and Disadvantage of Stored Value Card

• Advantages
  The main advantage of Stored value card would be the security that has been implemented in that card. Other then the security the user may also budget their spending as the card has a fixed amount of credit that is loaded on to it.
  
  
• Disadvantage
  By having a fix amount of credit in the card may be inconvenience for some situation. For example when there is an emergency and the user will need to use card immediately and that amount is more then the amount of credit that they have on the card, this may bring inconvenience to them. It may be a hassle for the cardholder because that will have to replenish the credit in the card every time the credit is exhausted.
  

Reference:

http://www.anu.edu.au/people/Roger.Clarke/EC/ChipIntro.html
http://web.mit.edu/ecom/Spring1997/gr12/4ADVECOM.HTM
http://web.mit.edu/ecom/Spring1997/gr12/4ADVECOM.HTM