What Money Transfer Apps that Accept Prepaid Cards to Send Money? Best Cash Apps that Accept Prepaid Card

E-Payment has become a more sophisticated method in the era of internet and technology for paying anything. Cash transaction has been decreasing day by day.  Online payments are becoming a new norm for every individual whether you are a household individual, a business man, a retailer, a wholesaler, or even a student.

Source: https://financesonline.com/online-payments-statistics/

According to Statista Market Outlook, 2021, Transactions value will likely to go high 16.3% in Europe, 15.2% in US, and $11.2 in China from 2020 through 2025.

China is expected to have 1.2 billion digital Commerce users, the US will have 291.2 million, and Europe will have 569.8 million users by 2025.

Considering digital payments, the users need to pay online payments from their household bills, school fees, Business money transfer, Banking transactions, e-commerce payment and much more. And considering recent trends people are requiring those money transfer apps that accept prepaid cards.

Debit cards are still widely used, but the most recent trend is shifting toward high-tech options like P2P payment systems with smartphone apps.

What you need to know about Prepaid cards?

A Prepaid card is different from Debit card. A debit card is linked to your bank account while a Prepaid card is not linked to your bank account.  Like a gift card, you must pay in advance to load money onto the card. Over time, you can keep adding money to the card.

A prepaid card, or any other credit card for that matter, cannot be loaded with money. You can also register for a free Cash Card, which you can use to access your Cash App balance anywhere Visa debit cards are accepted.

You can send money using the Cash app using a variety of cards, including the Brinks Prepaid Mastercard, Playcard Prepaid Mastercard, PayPal Prepaid Mastercard, and NetSpend Visa Prepaid Card.

Apps like cash app that accept prepaid cards:

Best picks of Cash like apps that accepts Prepaid cards:

  • Venmo
  • Cashapp
  • Paypal
  • WorldRemit
  • Skrill – Pay & Send Money

1. Venmo – Best Money transferring App among Friends:

Venmo is an American Mobile payment service founded in 2009. Since 2012 it is owned by PayPal.

The app is for Personal and business use. Pay and accept payments from friends and businesses, emojis and manage payments and get noticed among your online community.

There are no hidden fees to send and receive money using your Venmo or bank account balance. It has $0 for sign up, $0 to send money, $0 monthly fees.

If you use your linked bank account, debit card, or your Venmo account, there is no charges. But in case you are using your linked credit card, there are 3% fees.

Can you use a Prepaid Card in Venmo for sending money?

Yes Venmo accepts prepaid cards. But it should be registered with your Venmo account. It accepts Debit, Credit, Prepaid and all other network branded (American express, Discover, MasterCard, Visa Cards ) all are the  best way to send and receive  money.

How to link your Prepaid card to Venmo?

  • Open the Venmo app.
  • Tap the three horizontal lines that indictaes the menu button in the top-left corner of the screen.
  • Select the second option from the bottom, “Settings.”
  • Select “Payment Methods,” the second item down, under “Preferences” in the Settings menu.
  • Tap “Card” the second option.
  • Fill your prepaid card‘s information into the relevant fields or scan the card for automatic fetching of data.

Get Venmo for Android IOS

2. CashApp – Money transferring App accepts Prepaid Card

It is a mobile payment service based in united states that allows its users to send money through its app.

Cash App will give you a bank account and a debit card that you can use at any ATM in addition to sending money. Through the programme, you may even invest in stocks and bitcoin. While some of these services are free, some have a cost. However, there is a significant drawback: Your Cash App balance is not FDIC-insured. There is no assurance that you will receive your money back if something goes wrong because that is just money protection.

Can you use Prepaid cards in CashApp for sending money?

Yes it is mentioned on the website itself that it accepts prepaid cards. You can only send money to someone using a prepaid card. You will not be able to deposit money to a prepaid card using cash App.

Aprt from that the app supports all debit and credit cards from Visa, MasterCard, American express and Discover.

Download CashApp for Android IOS

3. Paypal –  Organization Digital Wallets, Money Management

One of the most flexible eCommerce systems, PayPal serves as a payment processor for online retailers, auction websites, and other business users in addition to facilitating international financial transfers. In actuality, it was the first peer-to-peer payment option in the 1990s. If the recipient has a PayPal account, you can send money to them using your linked bank account, prepaid cards, credit card, or debit card.

You can constantly keep track of all transactions involving your money with the aid of your account. PayPal will not assess any fees if you just utilise transfers inside one nation.

If you don’t already have one, you can open one in the app for no cost, even for the beneficiary of your transfer. By the way, the system also ensures total security of your payments and transactions, completely eliminating any chance of fraud or money loss. So you may always use PayPal if you trust them.

Does Prepaid Cards work for Paypal?

You can use your prepaid gift cards wherever Paypal is accepted. Anywhere in the U.S where paypal is accepted.

Any prepaid card bearing the Visa, Mastercard, American Express, or Discover logo is accepted by PayPal. Even though the purchase is being made at that store, they do not take gift cards from that particular store.

Download Paypal for Android IOS

4. WorldRemit – Send Money Globally via Prepaid Card

Using a computer, a smartphone, or WorldRemit app, you can send money online quickly and securely.

The app provides the following features Bank Transfer, Cashpickup, Mobile Money, Airtime top up. The app lets you to send money to over 130 countries worldwide and choose from over 70 currencies.

You can send money just in 4 easy steps:

  • Create an account
  • Start a transfer
  • Enter receiver’s details
  • Pay for your transfer

Does WorldRemit accept Prepaid Cards?

WorldRemit can accept most of the debit, credit and Prepaid cards issued by Visa or Mastercard. Your card issuer may impose a foreign exchange fee if you use a card issued in a nation other than the one in which you are registered (for instance, using a US card when your account is situated in the UK). The cost, if any, will be determined by the specific terms and conditions of your card and is not imposed by WorldRemit.

Due to the fact that the transaction qualifies as a cash transfer, some credit card companies may assess a fee. The cost, if any, will be determined by the specific terms and conditions of your card and is not imposed by WorldRemit.

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5. Skrill – Pay & Send Money

Skrill is a 2001-founded supplier of digital wallets that provides a number of online payment and money transfer services.

All you need is the recipient’s phone number or email address to send money immediately to anyone with a Skrill account.

Send money at a discount to foreign bank accounts.

Sending someone a link to pay you allows you to ask for money from them even if they don’t have a Skrill account.

How does it work with Prepaid card?

Prepaid cards that are accepted by Skrill, enabling customers to use the money in their Skrill wallet to make purchases both online and off.

You can get Prepaid Skrill card. It’s easy to obtain a Skrill Prepaid Mastercard. Simply sign into your Skrill account, select the Skrill Card option, fill out the required information, and place your order to receive your card. Within ten business days, your card will be delivered. You can order express delivery if you need it sooner.

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