STORED VALUE Visa/MasterCard® Cards allow for both pin-based and signature-based transactions …without the debt …even for consumers without credit, a bank account or a SSN number (Acceptable ID: Passport, Green Card, Matriculate Card, Tax ID, Int’l VISA, Drivers License or State ID).
THIS IS NOT A CREDIT CARD! A stored-value card account is a “pay-as-you-go” fee-based debit card issued by a FDIC insured bank, and has an opening balance of $0.00. Once money is “loaded” onto the card it can be used like a check card or a credit card, however, there is NO credit issued! You can only use the funds that have been deposited or loaded into your card account. |
