Reload my Prepaid Card by Instant Bank Deposit (Ideal)
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Top up by Instant Bank Deposit also known as Ideal banking.
Top-up my Prepaid Card by Instant Bank Deposit.
Instant bank deposit is a process of adding cash to your Ideal bank accounts without the struggles of waiting for long queues or waiting for the reflection of the amount of you've deposited into your accounts. Some platforms offer this kind of transaction process. They allow you to do transactions with just a swipe of your fingers and get your loads instantly.
Prepaid cards may seem to work like debit cards with its ability to store an amount of money and all but unlike debit cards, prepaid cards are not an account linked to your checking account. These cards cannot be used as a savings account. Also, prepaid cards used in transactions like shopping, paying bills, etc. You cannot use an amount that exceeds the amount you have loaded onto your prepaid card. This is just like having money with no money. You can shop without the presence of actual cash. A cashless transaction per say. Prepaid cards can either be MasterCard or Visa.
In contrast to credit cards, prepaid cards do not work the way credit cards do. Credit cards allow an account holder to spend more than what loaded into his or her account while a prepaid card only lets an account holder transact with the total amount inside. This is one way of limiting one's expenses and also saving more.
As said, different systems or platforms have been created to allow instant bank deposits to a prepaid card, PayPal as an example. PayPal developed by PayPal Holdings Inc., an American Company. This PayPal created to hold online transactions such as paying for an online shopping. Receiving payments from customers, booking plane tickets and hotels, and a lot more. Aside from these, PayPal also allows instant top-ups to debit cards, credit cards, and prepaid cards.
Topping up by Instant Bank Deposit (Ideal)
The instant bank deposit through PayPal did by using one's PayPal verified the account. The holder of the PayPal account should be the same person as to the holder of the prepaid card. A PayPal account required to do transactions. Your prepaid card connected to the PayPal account you have created. Instant topping up of your prepaid card done by navigating the PayPal site and choose the withdraw selection. Once completed you can transact and withdraw.
In the sense of loading up your prepaid card by Ideal instant banking. Deposit works in a presence of your savings or debit card. Just like the association of your prepaid card and your PayPal account. A presence of your savings accounts also connected with PayPal. In this way, the funds from your savings account transferred to your prepaid card.
PayPal is not the only external platform that could do such things. There still a lot developed by other companies that still supports Ideal instant bank transfers.
However, if your bank offers online banking, the process by your bank's online banking platform. As long as your Ideal account and your prepaid card connected to each other.