For example, he is now negotiating with the Indian government to have a state stored value card that is biometrically identified.

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"Spitzer should have used a stored-value card and put money on that, " says Gregory Calpakis, executive director of the Association of Certified Anti-Money Laundering Specialists in Miami.

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The user could then pay the bill using a credit card or stored value system.

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This new gift card service is more about stored value, which is seemingly low-hanging fruit for Facebook compared to the work of actually shipping physical products.

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American Express Travel Related Services Company provides a variety of products and services, including, global network services, the American Express Card, the Optima Card and other consumer and corporate lending products, stored value products, and several others.

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The company points out that customers can't bank with the card or use it outside the U.S. But other stored-value cards, often branded by Visa or MasterCard, can be accessed for cash via atms worldwide and reloaded with cash online or at checkout counters without a bank account or face-to-face identity verification.

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