The Volopa card is a multi-currency prepaid payment card. A prepaid card is not linked to a bank account, and you can only spend money that you have already topped-up onto the card providing you with an increased level of control over your expenses. Your Volopa card can hold and spend in up to 14 local currencies. All currency is converted on the card at the real market exchange rate without incurring hidden fees. When spending abroad at a merchant that accepts Mastercard or withdrawing cash from an ATM, the card reader will automatically detect that you have the local currency on the card and take payment in that currency for the value of the transaction. You will not incur foreign transaction charges typically associated with using a debit or credit card abroad. It is like having 14 local cards in your wallet. You can also use your Volopa card in currencies outside of the 14 local currencies as long as you have the base currency on the card.