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Obopay Prepaid Mastercard

Obopay Prepaid Mastercard

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Money Savers Resource //


Obopay Prepaid Mastercard.

The Mobile Money transfer company Obopay offer a Prepaid Mastercard to it's customers, which allows them to withdraw funds from any ATM around the world that accepts Mastercard. Obopay allows members to send money to family members via their cellphones.

The Obopay service is free to join and quite simple to use. Once joining, you tell you top up your Obopay account from your credit card, debit card or bank account. Adding funds via your credit card incurs a 1.5% load fee, If you decide to top up your card via the Cash Load locations, you can be hit will additional fees due to the additional merchant fees.

Money can be transfered to anyone with a cell phone. Send and Receiving of fund incur an $0.10 fee per transaction no matter the size of the transfer.

If you wish to widthdraw money from your Obopay account then you can easily transfer the funds directly to your bank account or apply for the Obopay Prepaid Mastercard. Because the Obopay prepaid mastercard is like a credit card recipients can get cash from ATMs worldwide and use their card wherever Mastercard is accepted!

There is an initial card application fee varies due to the price of the delivery fee. There is no fee to manage the account.

Obopay prepaid Mastercard.
Withdrawing money from an ATM costs $2.75 a transaction for international but id free of domestic (US customers). A charge of $1.75 for declined ATM fee. ATM Inquiry is free.

Ideal use for Obopay Prepaid Mastercard.
The Obopay service is great for families as it allows parents to send immediate fund to their children when needed. Customers will need to keep an eye out on the load fees which can easily add up over time.

Schedule Fee Structure - Obopay

* for an updated fees please check the Obopay website. Fees are in US dollars

CARD APPLICATION & REPLACEMENT FEES

Card Application Fee Card Purchase Cost.

$6.95: US only

Fee to Send Money
mobile phone (SMS, WAP, or APP)
Internet (Online)
$0.10 per transaction
$0.10 per transaction
Receive Funds from Obopay members

accepting a Fund from Obopay 'Get Money'
Free

$0.10 per transaction
Obopay Card Management

check Card Value
check transaction history

Free
Free

Loading Funds to Obopay Account

Load fee

1.5% of total transaction amount

Cash Load Locations
(physical locations such as banks and retailers where you may add Card Value)

$2.95 + Convenience Fee to Merchant

Failed transaction due to lack of funds

$6.00

Withdraw Money From Your Obopay Prepaid MasterCard

ATM withdrawal (domestic)*
ATM withdrawal (international)**

Free
$2.75 if successful
$1.75 if declined

Live Customer Service Rep

-

Additional Transactions

use your Obopay Prepaid MasterCard® at accepted merchants

Free

Issue replacement Card

$6.99

Issue replacement Card with overnight shipping $20.00

request paper statement (standard)

$1.95

request paper statement (special)

$4.00

Foreign Currency Transactions

1% of total transaction

Paper statements (per statement issued)

-


For more information regarding the Obopay service and TOS, please refer to the Obopay website.

*When you use an ATM you may be charged a fee by the ATM operator or any network used (and you may be charged a fee for a balance inquiry even if you do not complete a transfer). **Some international ATM networks levy a fee regardless of function. You may also be required to pay fees and charges to others in connection with use of your Card or the Obopay Platform. For example, your mobile telephone company may impose charges for use of your phone. The financial institution that issues your credit card or debit card, or holds your Bank Deposit Account, may charge you for transfers between that card or account and your Card. If you use a credit card to load your Card, you may be charged interest.