I realize I haven’t been posting in a while. I’ve been preoccupied lately, but I’ll try to get back on track and posting on a regular basis.
Today, I’ll be talking about an App that I’ve been using for over a year now that I find very beneficial, but unable to convince people to sign up for it. That app is Zoompass.
So what is Zoompass? It’s basically a pre-paid MasterCard that’s also tied to a mobile app. Now you might be wondering why you would ever need a prepaid MasterCard when you already have Credit Cards, and that is why you’re reading this article.
So, I’ll start of with what I think is the number one benefit of using this app. For starters, it’s free to transfer money to other users. So if you ever come across a situation where you have to split a bill unevenly, you’ll be able to send and receive money to another user to the penny. I know sometimes it’s only a few dollars, but I really hate overtipping and like to avoid it as much as possible.
Second, is it has PayPass equipped. If you don’t know what PayPass is, it’s a new feature equipped on a lot of new Credit Cards which allows you to tap the card rather than swiping, or using the chip. It saves a lot of time for quick transactions at Tim Hortons where you just want to get in and out as quickly as possible.
Third, it’s a Credit Card. I have a lot of friends who have made mistakes over the years with their credit and just can’t get approved for any credit card. Now that really sucks, because there are many things that require a credit card before you can even sign up. Fortunately, there are prepaid solutions such as Zoompass to solve that problem.
The final feature I’ll be talking about is International Transfers. Zoompass is tied to Western Union, so if you plan on making any transfers via Western Union, you can do it all from your phone. There’s no longer a need to visit a Western Union branch just to send money to your relative in another country.
If you’re interested in signing up, visit the Zoompass website. After you fill out the form, and you’ll receive your very own Zoompass MasterCard in the mail shortly after.
Now I should mention that there are some fees associated with this card. They are very easy to avoid as long as you stay within their guidelines. You have to remember that it is a prepaid CreditCard, so it must always have a balance on it in order to use it without getting charged. With that being said, I’ve never had to pay a penny since I’ve had it. I have it set to automatically take money out of my bank account once it drops below a certain balance. You can learn more about the fees on their Feed & Limits page.
Anyways, I hope you enjoyed reading this and considered signing up. Hopefully this App will eventually become popular and I can start using it with others I know.