A more thorough explanation:

A stored-value card is a type of card that gives you access to a specific amount of money for making payments to others. It is the only way to access the funds and does not have an associated account in your name.

For example, if you buy a prepaid card from a bank or merchant, you can use it instead of cash to buy things. The card has a certain amount of money on it, and you can use it until the balance runs out.

Another example is a gift card. When you receive a gift card, it has a certain amount of money on it that you can use to buy things from the store that issued the card.

Stored-value cards are convenient because you don't have to carry cash around with you. They are also useful for budgeting because you can only spend the amount of money that is on the card.