Greendot Prepaid Card Fees - Currencies Available - Mobile App
Green Dot Prepaid Gold MasterCard where you must be a permanent resident/citizen of the USA.
Greendot is a MasterCard prepaid card. Branded as a Prepaid MasterCard Greendot offers. Hence, No Credit check facility and you don't need a bank account.
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In the past, some decades, the emergence of the use of debit and credit banking cards has revolutionised the entire financial world. Technological advancement has made it possible to compete with complex financial transactions with the simple swiping of a plastic Green Dot prepaid card.
How does Greendot Debit Cards Work?
The Greendot debit card introduced in the year 2000. This Green Dot debit card used globally. The Greendot debit card either connected to a user's bank account or funded with a prepaid amount. So, this is an effective way of getting access to cash at several locations across the globe. This Green Dot prepaid card comes with a specific 4-6 digit pin number to ensure the security while making transactions.
Currently, this Global Green Dot card accepted in over 100 countries. Like other cards, Green Dot card used to access cash through a vast network of ATMs.
Greendot Prepaid Card
In addition to daily banking activities, the card used effectively for transferring cash from one part of the world to another.
The way it works is great. Mastercard has introduced a program called Moneysend. Therefore, Which helps users sending funds to transfer money directly to a recipient's Green Dot debit card. These transfers made through ATM machines, Internet or even mobile phones. What more? An individual sends cash to someone in India by initiating a Money send the transfer.
This process is easy and most easily done via the individual's bank. That helps to ensure that the transfer accomplished and initiated properly. The charge for this service depends on the banks that are being used.
Consequently, The cash accessed from the recipient's Greendot card within only 1-2 working days. So, The recipient of the cash can then either access the cash via ATM machine. Also, Or use his Greendot card for purchases at stores that accept the Greendot card as a form of payment.