Overview The Walmart MoneyCard (sometimes spelled as “Wal-Mart” and “Money Card”) is a reloadable magnetic stripe prepaid card that enables users to store and spend money both online and in person. Like other prepaid debit cards, it is not tied to a cardholder’s bank account and it does not draw funds from a checking or […]
Read MoreOverview Softcard is a mobile wallet service offered by AT&T, T-Mobile, and Verizon. The app was originally launched in November 2013 under the name “Isis Mobile Wallet,” but the telecom providers behind it opted to change its name in light of the subsequent rise of the Islamist State of Iraq and Syria (ISIS). Softcard is […]
Read MoreOverview Perhaps the best-known “wire transfer” provider in the U.S., Western Union has offered its money transfer service in some form since 1871. The company’s current peer-to-peer payment solutions include ACH transfer, money order, and a mobile app that allows users to send money to each other. Western Union money orders can be purchased at […]
Read MoreOverview Launched in October 2013, Square Cash is a free money transfer service offered by the payment processor Square. Originally conceived as a way for people to send and request money via email, the service has since expanded to offer a free app for iOS and Android. To send money via email, users simply open […]
Read MoreOverview Launched in June 2012, Venmo is a personal cash transfer service owned by PayPal. The service enables users to send each other money through a mobile phone app using linked bank accounts, debit cards, and credit cards. To send or request money, users simply login to the app using an ID and password, select […]
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