5 Things You Should Know About Weswap Prepaid Card | Weswap Prepaid Card

Weswap prepaid credit cards are great for holiday shopping and traveling. These cards are issued by MasterCard, a global leader in mobile payment technology. They can be used everywhere MasterCard is accepted including gas stations, grocery stores, and even online stores. Here's how they work.

First you need to load your card with a certain amount of holiday money. This amount is usually about ten percent of your overall bank account balance. Then you open an account with a reputable online processor like PayPal, or ClickBank. You choose the card that works best for you by entering the amount of your prepaid foreign currency into the box at the signup screen. You then select your payment method, and a quick process of funds transfer begins.

Weswap prepaid cards are not linked to any bank accounts. Instead they are connected to a PayPal account, so all of your financial activity is kept separate. The fees are generally very low when compared to other credit cards. Weswap has a one time membership fee for their prepaid card, and no annual fee. If you regularly use your card, you may find a low interest rate for your regular debit card.

Another advantage of Weswap cards is that there is an easy way to cancel your prepaid card. If you want to remove it, simply login to your account, access your transaction history, and cancel your card. Your funds will then be transferred to your regular credit card. It's an easy way to manage your holiday money and make the most of your credit card usage.

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The fees for using the prepaid are very low as well. There are no annual fee and no foreign transaction fee. In the UK the fees are based on your credit check APR, which is fifteen to twenty percent depending on the mid-market exchange rate. You also pay a one time set up fee. If you are a UK resident and you only travel once a year then you can get a discount on your card by getting a pre-paid visa card with a fifteen day grace period. So you can still have money on your card without incurring unnecessary fees.

Many businesses use prepaid cards abroad because it's an easy way to keep their costs down when sending holiday money. Companies can set up direct deposits to your account in your local currency, eliminating the need to use your home currency while travelling. This is particularly useful for people who live in one country and send money home to their family or friends living in another country. It makes sending money very easy.

Weswap offers direct deposit of your verified account funds to your bank account, so you never have to worry about sending your money overseas or handling transactions in currency that you may not understand. It offers two options, direct debit and an internet banking facility. A debit card can be used to make purchases anywhere that accepts debit cards, while an internet account is used to manage your online account and monitor exchange rates. The online facility is available twenty-four hours a day, six days a week. It means you can shop any time of day no matter what time of day it is in your home country.

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You can get great value for money by using your Weswap prepaid card abroad. Most major retailers accept the pre-paid card, which is issued by MasterCard, and can provide you with cashless shopping experiences and more competitive rates than you will find in your own country. Money online is easy to manage and there are no fees to be paid to use an internet account, no maintenance costs, no membership fees and no exchange rate risks. These benefits are just some of the reasons that Weswap prepaid cards have become such a popular option for both companies and consumers. Why go anywhere else when you can use the same secure and efficient prepaid card online as you do at home?

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