International Cards All You Need
ADVCASH Cards: Convenient and Secure Payment Solutions
1. Introduction
For a start, AdvCash Cards come with the technology of credits on top of the traditional debit, making life even more convenient. No more queuing and waiting. Whether you’re in a restaurant or performing online payments such as cinema tickets, a single swipe is all it takes; the payment is made and your life is uninterrupted. And unlike some leading bank cards, AdvCash Cards extend the convenience of online payment to the cardholder with no additional application processes. Also, AdvCash offers the facility of issuing dual cards providers: virtual cards and physical cards.
As a global fintech company, AdvCash aims to provide an effective, secure, and fresh alternative to traditional payment options. AdvCash Bank Cards modernize the whole concept of day-to-day payment. AdvCash Bank Cards employ leading-edge payment technology to make sure that the payment handling and your life will be efficient, convenient, and above all safe. AdvCash Bank Cards are accepted at over 35 million locations worldwide that display the MasterCard logo. Also, with AdvCash payment cards, you can perform millions of ATM and POS transactions in more than 200 countries where MasterCard is accepted. This flexibility and global reach mean that you can make the best of your cards. Plus, you can make withdrawals in local currency at any MasterCard ATM. On top of this, the stringent security mechanism of chips and a 6-digit PIN, and the wide acceptance and reputation rely on MasterCard – the global leader in the payment industry. All these features make AdvCash Cards the perfect match for our digitally connected world.
1.1 Benefits of ADVCASH Bank Cards
AdvCash provides current or Volts bank cards, both virtual and physical. The significant benefit of using AdvCash bank cards for electronic transactions is that it is very convenient. Customers can fund these cards in their AdvCash accounts in three supported currencies and then use the funds as they wish. This will save them time and the hassle of creating new cards each time they want to make a transaction. On the other hand, customers can carry their cards wherever they go. As long as they have the cards, they can make transactions overseas. This will give them reliability and flexibility. AdvCash bank cards can also issue an extra virtual card for secure online transactions. Cardholders will enjoy the security features and convenience of a traditional card with the control of an online wallet. Also, customers do not need to submit their cards for reissue or renewal. This is because the company continuously and conveniently verifies the cards by referring them to Mastercard or Verified by Visa so that they can remain active and valid. Customers with business cards can enjoy using mass payments from their AdvCash accounts. All they need to do is upload a list of card numbers and users’ personal and economic data, and the funds will be credited instantly. The business card supply is also simple and convenient, and customers can order the card with a reference to any of their current accounts. Business card users can self-issue multiple instant and virtual business cards from their AdvCash accounts. This will make funds disbursement and cash flow very convenient in a company. Depending on the card type, customers can choose to fix the card’s currency to the card. This feature provides customers with an alternative on how they would like to perform transactions. For great savings, clients can request plastic or physical cards and link them to current accounts. Virtual cards are created in moments but they can only support and command a minimum of 5.00 EUR and above transactions.
1.2 Security Features of ADVCASH Bank Cards
All cards have a high level of encryption for the secure storage of personal information and for the fulfillment of secure online payments and transactions. All new applications are verified against an independent company’s database to ensure that customers provide correct information. These measures greatly reduce the risk of fraud and identity theft. A customer can feel assured that their personal data and their money are well protected when they use an AdvCash Card for their payment.
By allowing only small and fixed limits prepayments on new cards, sufficient in the first instance only for issuing the cards and checking their operation, the AdvCash Bank restricts the potential loss should a card be stolen or abused. For example, any losses through unauthorized use are normally limited to the funds available on the card.
The Personal Account Manager and optional virtual cards for internet purchases allow customers to have maximum control over the usage of the AdvCash Card. These services are provided free to all customers and can easily be activated. The Personal Account Manager doesn’t use software located on the card but is a set of online services. By using a password and security questions, the customer is able to access and manage his or her account anytime, anywhere.
AdvCash SecurID is a two-factor authentication system. Users are required to enter a personal identification number and also the unique number given by their SecurID token. As the number on this token occurs for only a short period of time, it is virtually impossible for any hacker to generate a counterfeit number.
All AdvCash bank cards are provided with high-class security measures, and therefore these cards provide the utmost level of protection for the customer’s money and personal details. The PIN keeps the card safe and secure. The unique 4-digit number needs to be entered for every transaction, as well as providing an extra means of verifying identity at the ATM. It is essential that the Personal Identification Number is kept secret and never shared with anyone.
2. Types of ADVCASH Bank Cards
No matter what type of bank card is being discussed, the merits of digital payments are irrefutable. With more individuals embracing the convenience and security associated with electronic funds, there is less reliance on traditional notes and coins for daily transactions.
Also, ADVCASH includes a prepaid card intended for personal users – it is a mass card. A prepaid card is a bank card that has an amount of cash loaded on the card by the cardholder. The cardholder can then use the card to complete transactions, depending on the card type.
On the other hand, credit cards work differently from debit cards. A credit card is a type of bank card that provides a loan every time a purchase is made. ADVCASH offers an additional option of paying your credit card in 3 equal monthly installments.
A debit card is a bank card that is tied to a bank checking account. It enables an individual to access and withdraw money via the ATM and acts like a cheque when purchases are made. When a purchase is made using a debit card, the amount of the purchase is immediately deducted from the account. A debit card also offers the potential of an overdraft service – which is a line of credit supervised by the lender that clients can choose to use when the account balance gets too low. ADVCASH offers the same, as each of its bank cards is linked to an electronic money account.
After considering the types of bank cards available, we’ve decided to focus on the most appealing financial products – bank cards provided by ADVCASH. To begin with, it is important to mention that ADVCASH offers three types of bank cards: debit card, credit card, and prepaid card. Any type of bank card is issued by a financial institution and delivers the possibility to the client to access the bank account electronically and use the deposited money in the accounts.
2.1 Debit Cards
Debit cards are a typical type of banking card, which lets clients get to reserves in their ledger. At the point when somebody makes a buy utilizing a debit card, the expense is as a rule quickly taken straightforwardly from their record. One noticeable kind of debit card is known as a “check card”. Check cards offer singular cardholders access to their own assets. Nonetheless, a few check cards are offered in association with specific records, for example, shared services. These may permit clients to get to assets held in those accounts also. ADVCASH debit cards come as both MasterCard and VISA cards. They can be used online for purchases and for in-store transactions. However, the VISA advantage of being together accepted is that it is also capable of being used internationally. MasterCard is also capable of being used abroad, but the same is due to interbank exchange rates. Both the VISA and MasterCard likewise offer contactless advancement. This development, known as PayWave for VISA and PayPass for MasterCard, allows for speedier portions for purchases through the tap and go feature. This decision is available for those that join to get one of the debit cards from any of Swell’s supported card providers. ADVCASH Bank Administration is open from the iOS Application Store or from Google Play for those using an Android device. By then, clients can follow the requests and have their card sent to their area. Once physically started through the application, the card is set up to be used on the web or in-store. The expenses that are charged are a card.
2.2 Credit Cards
ADVCASH top tip: When you use the credit card to make a payment when you are abroad or in a country where currency different from your base currency (e.g. if you hold Euro but pay in US Dollar), always choose to be charged in the local currency of the place where the payment is made. This is to avoid the extra charges imposed by the retailer when you have the currency of that country automatically converted using UK writer.
For better understanding on how credit card works, the following diagram from Barclays, a major British multinational banking and financial services company, gives a simple yet easy to follow guide to what happens in a credit card transaction.
When a cardholder uses an ADVCASH credit card to make a payment, the money for that transaction would come from the cardholder’s Euro wallet. Then, the Euro currency would be changed to the currency of the payment (e.g. US Dollar) according to the current exchange rate before the transaction is proceeded. This means that if you do not have US Dollar on your ADVCASH account, you will still be able to use ADVCASH credit card for US Dollar payment by keeping adequate amount of Euro or alternatively, other accepted currencies in your Euro wallet. And providing that the Mayzus Financial Services Limited accepts in funding the payment, you can use the credit card to pay for things wherever the MasterCard is accepted. This would give you the flexibility to pay for online purchases and local retailers. Plus, you can also use the ADVCASH credit card to withdraw money from ATM. Through simply selecting the MasterCard logo as illustrated on the ATM, the machine would recognise your ADVCASH credit card just as any MasterCard. This works in the exactly the same way as other credit or debit card in the situations when you insert the card for ATM transaction.
Typically, credit card transactions do not involve the immediate transfer of “real” money to the retailer as do debit card transactions, making them a popular and convenient solution for purchasing goods online. Normally, the bank that issued the credit card (the “issuing bank”) would open a line of credit to the cardholder from which he or she can borrow money to pay the retailer. Then the issuing bank would transfer the money to the retailer and bill the cardholder that amount of money, plus a certain charged fee called the interest (if he or she chooses to pay part of the money borrowed back over a number of instalments).
2.3 Prepaid Cards
Prepaid cards are probably the most innovative type of AdvCash bank cards. As the name suggests, these cards are preloaded with a set amount of funds before you start making transactions. Once the balance depletes, you cannot use the card for payments, and this ensures that you do not surpass your budget. With prepaid cards, you can enjoy the convenience offered by plastic money without risking the likelihood of accumulating debts over time, which might be the case with regular credit cards. Because a PIN is set with prepaid cards, one can make secure online transactions just like with a regular plastic card. However, even if you lose your prepaid card, the person who finds it cannot access your funds through an ATM as long as you report about the theft as soon as possible. In most cases, the card does not have any connection to your bank account, personal information, or credit history, and as such, there is minimal risk involved in the case of unauthorized usage. These cards are preferred by many people who would like a safe and convenient method of making online financial transactions. Also, it is a popular way of teaching young individuals how to manage their funds and to stay within a budget. Some prepaid card options enable parents to track the spending and manage the accounts of their children in real time, thanks to the innovative associated mobile apps. This allows for timely interventions in cases of unusual spending behavior or in such events like when a card is lost and one does not know its whereabouts.
3. How to Apply for an ADVCASH Bank Card
For those looking to apply for an AdvCash bank card, the process to follow is quite simple. First, the applicants have to ensure they meet the eligibility criteria set to participate in the application process. After ensuring they are eligible, applicants should then proceed to the application page by logging into their accounts. The third step is to click on the “order new card” button. This prompts them to select a currency-based card they wish to apply for from the drop-down menu. After selecting the card they want to apply for, applicants should then confirm their mailing address. If changes are necessary, the applicants are advised to make the necessary additions or alterations before submitting their application. Once completed, the application is reviewed and sent off for approval. The process outlined above is for existing members. However, new members of the AdvCash card service are also able to follow the same process. The only difference is that new members only need to open accounts with AdvCash first and activate their accounts by obtaining the temporary cards provided and settle any requirements they have with the simple or verified account statuses before they can make their applications. In addition, just like those making an application for the first time on the AdvCash entities system, applicants tend to find that making an application for such a service might be indefinite and quite a long process, especially when the necessary background knowledge on what steps to follow is lacking. It is in this respect that it is considered very significant that a person is able to understand the steps well and the legal or policy requirements necessary for the successful execution of each step towards achieving efficient delivery and service of the AdvCash bank card service.
3.1 Eligibility Criteria
Ensure that you meet the minimum requirements to apply. Firstly, this means you need to have a verified ADVCASH account and that you are over the age of 18. It’s also important that you have a verified phone number in your name that is registered to your billing address. You can’t apply for an ADVCASH card in someone else’s name or using a phone that is registered to someone else. Finally, as part of the application process you will need to pass the company’s identity and security checks. Specifically, this means that ADVCASH will ask you to provide your full name, as well as a government-issued form of identification containing your photograph. You may also be asked to provide proof of your residential address from a reliable source, for example, a utility bill or a bank statement. And if you wish to apply for a premium card, you will need to show that you meet the additional financial requirements for that card.
3.2 Application Process
The process for applying for an ADVCASH bank card has been designed to be quick and user-friendly. To begin with, you will need to log in to your ADVCASH account using your email and password. Then select the ‘Bank Card’ option on the main screen and click on the ‘Order’ button. You will then be asked to choose the type of card that you want. Once you have made the selection, a summary screen will appear with the details of the card that you have chosen. This will include the card type, the currency of the card, the delivery address, and the delivery time. It will also give you the option to proceed with the application or to cancel it. If you are happy with the details, click on the ‘Confirm’ button and your request will be processed. In the event that there is any missing information or data, a message will appear at the top of the screen to advise you on this. All relevant fields will be highlighted for your attention. Once your request has been successfully submitted, you will see a confirmation message on the screen. Your request will be reviewed by the ADVCASH team and you will receive an update on the progress of your application via your registered email address. The latest status of your application will also be available in your ADVCASH account area. This is done by selecting the ‘Bank Cards’ option and clicking on ‘My Cards’.
3.3 Required Documents
When you apply for an ADVCASH bank card, it is essential that such fraud is detected and prevented in time. For that reason, there is a need for additional documents that certify specific information about a client. First, as part of the required documents, an applicant must present their recent utility bill for a service such as electricity, water, internet, gas, or telephone services. This document is essential in that it helps the provider verify the address that an applicant has provided in their application form. Another document that is required as part of the application process for an ADVCASH bank card is the passport. The passport is useful in that it helps to verify an applicant’s personal details such as the full names and date of birth. However, there are instances where the applicant may not have a passport. In such cases, a person may use their national identity card. Third, a recent pay slip or income tax return document is also required as part of the necessary documentation for ADVCASH bank card application. Such documents are useful as they help to verify a client’s current residential address, date of birth, and the client’s financial standing. Also, presenting these official papers portrays a person as law abiding since the information contained in these documents can be easily traced and confirmed by relevant authorities. In other cases, a national identity card might be demanded. These are the additional documents you need for the different types of cards.
4. Managing and Using ADVCASH Bank Cards
When you get your AdvCash bank card, you will need to activate it before you can use it. There are full instructions on the company’s website to help you through the process, but in general, activation is a simple process. You will need to log in to your AdvCash account, where you will be prompted to enter the card’s activation code. After that, the card will be linked to your account and you will be able to load it with money and start using it to make payments and withdrawals. To check your card balance, you can either log in to your AdvCash account and go to your card dashboard, or else use the company’s mobile app. By keeping track of your balance, you can monitor your spending and make sure you have enough money on your card when you are out and about. Making a payment with your AdvCash card is quick and easy. All you have to do is enter your card details when prompted at the checkout. The money will be taken from your card and sent to the recipient as soon as the payment is processed. This usually takes just a few moments, so you will not have to wait long for your payment to go through. If you want to withdraw cash at an ATM, the process is similar to making a payment. You will need to find an ATM that accepts MasterCard, Maestro or Visa cards, as AdvCash cards cannot be used at all cash machines. You then need to enter your card and follow the instructions on the screen, which will include typing in your PIN and saying how much cash you want to withdraw. Like any other bank card, it is important to keep your AdvCash card safe from theft and fraud. For example, you should not tell anyone your PIN or write it down anywhere. Also, you should take care when using your card online to make sure that the websites you use are secure and that you are not providing your details to a fraudulent merchant or service. AdvCash cards also use a number of advanced security features, such as CVV checks and transaction notifications, to help keep your money safe. Finally, it is important to report any lost or stolen cards to AdvCash straight away, so that the card can be cancelled and a replacement issued.
4.1 Activating Your Card
To activate your AdvCash bank card, you’ll need to know the 16-digit card number which will be printed on the front of your card; the card’s expiry date, also printed on the front of your card; and your date of birth, which you will have provided when applying for the card. Once you have that information, you can activate your card online or on the mobile app by clicking the ‘Activate Card’ button. If you’re using the website, simply enter your card number and the card’s expiry date when prompted, and then log in to your account as usual. If you’re using the mobile app, you can scan the QR code on the letter that comes with your card to save you typing in your card details. After you’ve completed this step, you’ll be asked to confirm your date of birth. All being well, your card will then be successfully activated, and you’ll receive a confirmation message to let you know. However, if you come across any difficulties during the activation process, the customer services team at AdvCash is available around the clock to help you out, and their number can be found on the bottom of the information letter that comes with your card. Whenever your card’s been activated, remember to sign the back of the card with a ballpoint pen and cut around any small crosses that are printed on the signature strip. This will help to protect the card and the money that’s stored on it against unauthorized use.
4.2 Checking Your Card Balance
Various methods exist for checking your card balance. Your card comes with an online account from where you can view your card balance, view your transaction history, and also review your spending activity. Simply visit the website address provided during the activation process and log into your account using the username and password as directed, and there you will be able to access your card balance. Also, you can enroll for and receive text and email alerts regarding your card balance. Simply log into the account and click on alerts, and from there, you can choose to receive the alerts immediately, daily, weekly, or when the balance reaches a certain level. The alerts will be sent to the email that you provided and any mobile phone that you had enrolled for. Also note that MobiMoney, an app that is used by cardholders to control card usage and prevent unauthorized use, enables a cardholder to check their ADVCASH card balance from their phone. After downloading and activating the app, you will have to add the card details from the app. The facilities available on MobiMoney include a provision to view card balance. The card balance will be displayed immediately after selecting the option to view.
4.3 Making Payments and Withdrawals
When using your AdvCash bank card to make a payment or withdrawal, there are a few things to consider to ensure everything goes smoothly. When making a payment, select “credit” on the payment device and then enter your PIN. You can also make a contactless payment – just hold your card over the payment terminal until you see a green light to show the payment has been accepted. You can make a contactless payment for any amount up to 30 euros. If you enter your PIN after the contactless payment, you’ll be asked to enter a new PIN. If you’re using an ATM to withdraw cash, make sure it has the MasterCard symbol. Then simply insert your card and follow the onscreen instructions. Once your transaction has been accepted, remember to remove your card and any cash before leaving the machine. If a retailer or ATM requests a six-digit authorization code, you can find this in the ‘my cards’ section of your AdvCash account. This section will provide a list of available authorization codes alongside each card in your wallet. Don’t forget – you’ll need to have your phone or email to hand, as this code will only be available via a notification sent by the AdvCash app or from an email. If for any reason your payment doesn’t go through, it’s worth checking that the retailer accepts MasterCard payments. If you’re still having trouble, use the tracing tool on the AdvCash website to find out where the payment or withdrawal process was disrupted.
4.4 Card Security Tips
A layer of security is increased due to requesting a PIN for every transaction rather than relying on only the chip and signature when using a new Advcash card. A PIN is a numeric code that is usually a minimum of four and a maximum of six digits in length. This is an added layer of security because it is more difficult for a criminal to guess a number that is chosen from 10 different digits in comparison to emulate a card owner’s signature which may not differ widely from fraudsters’. It is important that the PIN is not to be shared with anyone. It is recommended that it is memorized rather than written down. If a PIN is forgotten then this can often be reset by visiting a cash point and following the onscreen instructions to input a new number. Immediately this has been done this new PIN should then be memorized and not written down. It is important to check bank statements and transactions history online or by using telephone card services regularly. If any unfamiliar or unusual transactions are noted the card provider should be contacted immediately. By checking and updating contact details regularly the card provider is able to get in touch quickly if suspicious activity is noted. Personal information should be kept secure in order to prevent theft of identity. This kind of information is especially valuable to criminals including name, address, date of birth and card details. If a card is lost or stolen it is important to contact the card provider immediately so that it can be cancelled and the risk of unauthorized transactions is minimized. Card details should not be included in emails or online registration forms that do not appear secure. Only using secure websites for online purchases with the padlock icon and prefix https:// is important in helping to keep card details safe. When entering a PIN at a cash point or till, steps should be taken to ensure that this number is not.
