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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.
Here are a few ways you can get a debit card without a bank account. Prepaid debit cards. ... you typically need any of the following information to get a debit card: Social security card or number.
Free debit cards or prepaid debit cards refer to reloadable or disposable cards you can get without having to apply, register or pay transaction fees. Prepaid Cards: Pros and Cons Pros
It is the world's largest prepaid debit card company [2] by market capitalization. Green Dot is also a payment platform company and is the technology platform used by Apple Cash, [3] Uber, and Intuit. The company was founded in 1999 by Steve Streit as a prepaid debit card for teenagers to shop online.
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
As per other prepaid debit cards, the account holder pre-loads money onto the card and a bank account isn't required. While Ualá’s primary product is its mobile app, the company operates within the larger fintech sector, addressing the need for digital financial inclusion in Latin America. [ 4 ]
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