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Eccount
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eccount is a financial term describing a safe way to store, manage, spend, share, receive and withdraw funds that are held in the form of electronic money. An eccount can be topped-up with cash at retail outlets, Post Offices®, some bank branches, online by debit or credit card, or by bank transfer and standing order. Wages or salaries can also be paid directly into an eccount. An eccount offers users a range of features to help them manage their money such as a 24 hour interface from mobile phones, the internet or telephone to access their eccount balance and exchange rates; the ability to move funds to an authorised user’s card; flexibility to set up text alerts; locking and unlocking cards for extra security. Using a prepaid card (not a debit or credit card) that is issued together with an eccount, funds held can be used to make payments, purchase goods in stores, shop online, buy over the phone or order goods by mail. Cash can also be withdrawn at ATMs throughout the world. Prepaid cards are issued in conjunction with leading international payment networks such as MasterCard® and . The term eccount was originated by the financial services company Tuxedo Money Solutions, whose products are regulated by the UK Financial Services Authority®. 
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