General Discussion
In reply to the discussion: Class warfare? How the Poor are denied access to basic BANKING [View all]grasswire
(50,130 posts)It's called netspend. It is just like having a bank account without brick and mortar bank. It's a pre-paid debit card with many banking functions. You can load $ at many locations such as 7-11. You can have paycheck or govt check direct deposited. You can transfer money from paypal into netspend -- no hassle there.
And none of the usual hurdles are required. No bank acct needed. No "verification" but you do have to provide your SSN because netspend is covered by fed regulations.
There are small fees for some transactions, and a small monthly fee.
Check out the web site. Two of my family members have been using it for business purposes for nearly a year, with no complaints. I registered and have a card but haven't activated it.
Oh, and one of my family members used the netspend card # to verify his identity on paypal where it asks for banking info. That's a great workaround! It could solve your problem.
The netspend card arrives about a week after you request it.