If you are looking for an alternative payment processor or a credit card to make and receive payments then you are rest assured that Netspend is the ideal partner that would guarantee your interests when it comes to payment processing on the internet and across ATM terminals across the globe.
There are so many advantages of Netspends which makes it an alternative to The already known Payoneer both of which are US based companies involved in issuing credit cards and US bank accounts to account holders that have signed up to their platform.
Signing up to Netspend does not require any hassles and unnecessary formalities. All you need is a US residential address where your card would be sent and once you receive the card, you just activate it online by logging into your online account with your created username and password.
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Unlike Payoneer that accepts individuals from all over the world, Netspend only accepts residents of the United States who carry out online financial transactions with their credit cards. Interestingly, you can also use your Netspend account to get a US bank account with a routing number to receive payments from channels across the US and from US based companies with very minimal processing fees.
Verification of a PayPal account is very easy with Netspend. You can easily verify your PayPal account and receive PayPal funds into your US bank account on Netspend with the Bank account details and the routing number provided to you once you sign up and your account approved.
However, you cannot use the bank account on Netspend to make payments from your PayPal account since it is designed to only receive funds from PayPal so that you can easily cash it any ATM terminals anywhere visa or master card is accepted.
Other benefits of Netspend are that you can receive checks to your account from companies and government institutions and use your Netspend account to set up a recurring bills payment process with ease. Purchases and payments can be made with your Netspend card once it arrives, activated and funded at POS terminals, online credit card terminals that accept either the master cared or the Visa card.