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TracFone Wireless, Inc. (TFWI) is an American wireless prepaid service provider.It is a mobile virtual network operator offering prepaid and no-contract services on the Verizon network under multiple brands, including TracFone, Straight Talk Wireless, Total Wireless, Simple Mobile, SafeLink Wireless, and Walmart Family Mobile in partnership with Walmart.
Called Mobile Money, the personal finance product combines a smartphone app (iOS or Android) with a branded prepaid Visa card. Without paying a single fee, T-Mobile wireless customers can deposit ...
A prepaid debit card is a payment card that operates differently from traditional debit cards linked to bank accounts. Instead of drawing funds from a bank account, users preload money onto the card.
They also provide co-branded card programs to Walmart, Boost Mobile, AT&T and Citibank. In 2007, Green Dot raised $20 million in funding, [ 6 ] including Sequoia Capital as an investor. In 2008, Green Dot ceased to offer prepaid Discover cards. [ 7 ]
For a flat $3-a-month fee, consumers get a prepaid debit card that they can reload at their convenience. Free direct deposit is also available, and comes with a $10 bonus.
Prepaid credit card, a card that debits money from an associated account that ordinarily uses a signature rather than a PIN for verification Stored-value card , a card that has a monetary value that is recorded as data on the card itself, and thus can be used without online access to an associated account
Fees and Details. Card Purchase Fee. Free if bought online; up to $9.95 at retailers. Monthly Fee. Between $5 and $9.95 per month or $1.50 per transaction, depending on the plan
The first Prepaid card was called "Mimo" and was launched by TMN, the mobile phone operator of Portugal Telecom, in September 1995. [6] In 2006 Swisscom celebrated ten years with its product and service "NATEL® easy" which also holds a patent on "Prepaid mobile subscriber identification card and method implemented thereby". [7] [8]
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