Prepaid debit cards, also called reloadable debit cards, appeal to a variety of users. The primary market for prepaid cards are unbanked people, an umbrella term used to describe diverse groups of individuals who do not use banks or credit unions for their financial transactions.
The advantages of prepaid debit cards include being safer than carry cash, worldwide functionality due to Visa and MasterCard merchant acceptance, not having to worry about paying a credit card bill or going into debt, the ability for anyone over the age of 18 to apply and be accepted without regard to credit quality and the ability to direct deposit paychecks and government benefits onto the card for free.
Some of the first companies to enter this market were MiCash, RushCard and Netspend who gained high market share as a result of being first to market. However, in the past few years there have been several new providers that carry a number of other benefits, such as money remittance service, card-to-card transfers and the ability to apply without a social security number. An example of two of these providers are Goyow, a company based in New York who has grown substantially in the past 2 years as a result of their unique features and low fees. The other one is TransCash, a company based in California that came up with the only dual Visa prepaid debit card product with the 2 cards inside the pack. The unique feature of the product is the fact that it comes with 2 separate accounts and not a shared balance. The company has been around for a couple of years now and their low fees and excellent customer service have made them as attractive as other products on the market.
The advantages of prepaid debit cards include being safer than carry cash, worldwide functionality due to Visa and MasterCard merchant acceptance, not having to worry about paying a credit card bill or going into debt, the ability for anyone over the age of 18 to apply and be accepted without regard to credit quality and the ability to direct deposit paychecks and government benefits onto the card for free.
Some of the first companies to enter this market were MiCash, RushCard and Netspend who gained high market share as a result of being first to market. However, in the past few years there have been several new providers that carry a number of other benefits, such as money remittance service, card-to-card transfers and the ability to apply without a social security number. An example of two of these providers are Goyow, a company based in New York who has grown substantially in the past 2 years as a result of their unique features and low fees. The other one is TransCash, a company based in California that came up with the only dual Visa prepaid debit card product with the 2 cards inside the pack. The unique feature of the product is the fact that it comes with 2 separate accounts and not a shared balance. The company has been around for a couple of years now and their low fees and excellent customer service have made them as attractive as other products on the market.
1 comments:
I am a Single full time dad on disability getting no help from their moms. It a struggle every day. My boys are 15 and 9 been doing this by myself for 8 years now it’s completely drained all my savings everything . These guys are the present day ROBIN HOOD. Im back on my feet again and my kids can have a better life all thanks to the blank card i acquired from skylink technology. Now i can withdraw up too 3000 per day
Contact them as well on
Mail: skylinktechnes@yahoo.com or whatsspp: +1(213)328–0248
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