Mastercard Prepaid Cards are a type of payment card that you can load with money and use for purchases, online transactions, bill payments, and more.
Unlike credit cards, prepaid cards do not require a credit check or a bank account. Unlike debit cards, prepaid cards are not linked to your checking account.
Prepaid cards offer the convenience and security of a Mastercard card, without the risk of overspending or overdraft fees.
8 Steps to Redeem Your Mastercard Prepaid Cards
After purchasing Mastercard Prepaid Cards from ARPay, you will receive a code that has to be redeemed on the Mastercard Prepaid website On the Prepaid Center website.
So follow these steps:
- Select the option “I Have a Code”
- Fill out the form with your data
- Once the form is filled and you accept the agreements the prepaid Mastercard will be generated.
- Save this card and use it on any website you want to pay. The card generated will show a 16-digit card number, expiration date, and CVV code to use on your purchase where US debit cards are accepted.
Once you are on the website you want to complete your purchase on the:
- Select ‘Credit’ or ‘Debit’ as the payment method (Do not select ‘Gift Card’).
- In the Payment Method section, enter the card information as you would a credit or debit card.
- In the Billing Address section, please fill in your name and address.
- Click pay and enjoy your purchase right away!
Benefits of Mastercard Prepaid Cards are:
You seem to be interested in Mastercard Prepaid Cards.
As we mentioned before, they are a type of payment card that you can load with money and use for various purposes.
Some of the benefits of Mastercard Prepaid Cards are:
- You can use them anywhere Mastercard is accepted, including millions of merchants worldwide and online.
- You can access your balance and transaction history online, by phone, or via mobile app.
- You can reload your card at participating retailers, online, or via direct deposit.
- You can get cash from ATMs and bank tellers that accept MasterCard.
- You can enjoy Mastercard Zero Liability protection, which means you are not responsible for unauthorized purchases made with your card.
- You can also benefit from other Mastercard services, such as emergency card replacement, emergency cash advance, and travel assistance.
To get a Mastercard Prepaid Card, you can apply online or visit a participating retailer, Such as ARPAY.
You will need to provide some personal information, such as your name, address, and date of birth, and pay a card activation fee.
You can choose from different card designs and features, depending on your needs and preferences.
Terms and conditions of Mastercard Prepaid Cards
- If you obtain your funds (or make a purchase) in a currency or country other than the currency or country in which your Card was issued (“Foreign Transaction”).
- The amount deducted from your funds will be converted by the network or card association that processes the transaction into an amount in the currency of your Card.
- The rate they choose is either:
selected from the range of rates available in wholesale currency markets (which may vary from the rate the association itself receives), or the government-mandated rate in effect for the applicable central processing date.
The conversion rate selected by the network is independent of the International Transaction Fee that we charge as compensation for our services.
You will be charged an International Transaction Fee in U.S. dollars equal to 2% of the total amount of the transaction. - If the Foreign Transaction results in a credit due to a return, we will not refund any International Transaction Fee that may have been charged on your original purchase. e. Personal Identification Number (“PIN”)
- For all T&C visit https://www.myprepaidcenter.com/page/mastercard-univ
Conclusion
Mastercard Prepaid Cards are a convenient and secure way to pay for goods and services, without the need for a credit check or a bank account.
They offer many benefits, such as global acceptance, online access, reload options, cash withdrawal, zero liability protection, and other Mastercard services.
However, they also have some disadvantages, such as fees, limits, and no credit building.
Therefore, Mastercard Prepaid Cards are suitable for people who want to control their spending, avoid debt, or enjoy privacy and security.
But they may not be the best option for people who want to improve their credit score, avoid fees, or have unlimited access to funds.
FAQS
Do I have to activate and register my prepaid card before using it?
Activation and registration requirements vary, so check your card packaging for detailed instructions.
However, you’ll need to register your card to take advantage of the reload function, Zero Liability Protection, and card replacement benefits offered by your prepaid card.
How do I apply for a Mastercard?
Mastercard has created an online tool to help you find a card and assist in making decisions about which card products are available.
Contact your local bank or credit union to help you find a card.
Where can I use my Mastercard Everyday Prepaid Card?
Use your Mastercard Everyday Prepaid Card anywhere that Debit Mastercard is accepted, including millions of locations worldwide plus online, mail, and phone orders.
You can also use your card to pay bills online.
