Mobility and modern telecommunication concept: macro view of tablet computer and touchscreen smartphones with colorful interfaces on laptop notebook PC
Using Your Virtual Prepaid Visa and Mastercard Gift Cards Everywhere Online
A virtual prepaid Mastercard is basically like a standard Mastercard except for the fact that you do not receive a credit card in the mail. Instead of receiving a physical card by mail-in mail, you are sent an electronic card through the mail or the internet (SMS).
Once activated, the card is attached to a mobile phone via the vault application and can then be used anywhere that accepts debit or contactless payment. Below are some tips on how to use your mastercard joker balance.
Sign up for an account. The first step in receiving your virtual prepaid Mastercard gift card is to sign up for an account with the virtual card provider. In a nutshell, you will need your user name and password to access your account. After signing up you will be able to link your bank account to your card.
Load funds to your card. You will need a valid and active bank account to be able to load funds onto your virtual prepaid Mastercard. Once you have reached the maximum amount of money loaded on the card, you will need to call the virtual card provider and speak to them over the phone to give them your user name and password. They will then give you an activation SMS to your phone and your card number (you will have to provide this information on a separate form).
Load your existing bank account. You will be able to load money onto your existing bank account fairly easily. If you have a normal debit or credit card you can transfer the balance to your virtual prepaid Mastercard gift card. You will need your user name and password to log in to your bank account. This process is very similar to using a normal Visa or Mastercard. Just call your bank and tell them that you would like to set up a virtual card, give them your user name and password and you will usually be given a PIN – just type it into your phone and follow the on-screen instructions.
Set up the card. These prepaid cards are purchased with either a credit or debit card, but can also be purchased with any one of a range of currencies. Many online companies sell virtual cards and they will usually provide a money-back guarantee if you are not satisfied with the purchase.
When you have purchased your virtual Visa or Mastercard visa gift card, you will find that it will be sent directly to your home address or business address by courier. If you want to transfer funds from one account to another you can either do this online or over the phone – in the case of the virtual Visa or Mastercard cards, this is usually easy to do.
The next step is to go to your bank and apply for a normal debit or credit card. Once you have done this you can start using your virtual prepaid card like you would a normal card. You will find that you can use your card just like you would a digital card. Some companies offer paperless banking so you will no longer have to carry around a checkbook.