Many people are fond of credit card because it can build credit for future debt record. Besides credit card, another popular choice is debit card. The bank gives this card for customers with similarity function as credit card. They can pay almost anything, but the money comes from their saving. Debit card also has various types, such as prepaid one, including Western Union Netspend Card.
In financial business, Western Union is prominent service to help people send and receive money. On the other side, Netspend is prepaid card service with primary feature to produce prepaid-based financial service. The combination between both services creates Western Union Netspend Card. Therefore, this card has two functions in single service.
How does Western Union Netspend Card work?
In order to know about Western Union Netspend Card, you need to understand service from Netspend and Western Union. When you want to transfer money, the bank becomes top choice because it is easy and simple. However, recipient might take time due to different bank network. Instead of faster and easier process, you will end up in fulfilling much paperwork.
This is where Western Union has capability to handle such situation. There are thousand branches and offices around the world to let people send and receive money from anywhere. You can visit this branch then fill paperwork and give money. In less than one day, recipient can go nearby Western Union service and withdraw such money. This is simple thing to do since it does not take time to wait and handle complex procedure. With Western Union Netspend Card, this function becomes more reliable and flexible.
On the other side, Netspend Prepaid card is alternative service from traditional bank debit card. You can apply to get this card and activate it via online. After that, the card is ready to serve as similar to regular debit or credit card. One main difference between Netspend and traditional service is flexibility. It is like prepaid phone where you need to reload money in order to utilize it. In this case, Western Union Netspend Card will require cardholder to fill Direct Deposit.
Netspend offers various services and features. The most common one is prepaid card to purchase at point-of-sale store or online shopping. Besides that, card is capable to pay bill, rental, and subscription. As long as your money is enough, you can do almost everything. Those capabilities are what people need and intend to use from Western Union Netspend Card.
You already understand the way Western Union and Netspend work. Both companies develop new service to put two services on one card. You can do anything as Netspend prepaid card does and get more options to transfer and receive money easily. Instead of Western Union account, the money will go directly on Netspend Prepaid Deposit. Therefore, cardholder does not have to withdraw directly, but automatically reload prepaid card.
Flexibility and freedom are what people look for from Netspend. Moreover, western Union gives easy access to online service via Netspend account. Instead of withdrawing on nearby office, you just wait and check deposit when the money is ready. This is what Western Union Netspend Card means to be.