Visa Prepaid Cards provide a versatile payment option. To ensure smooth transactions, it's important to understand the specific guidelines for online, in-store, and phone purchases.
Visa Prepaid Cards are widely accepted globally, wherever Visa Debit is used. Virtual cards are perfect for online and phone purchases, but they may not work in physical stores unless added to a compatible digital wallet.
These prepaid cards work like a debit card with a set spending limit. You can only spend the amount you've loaded onto the card. For example, a $50 card can cover a $49.99 purchase but not a $50.01 purchase.
Declined prepaid Visa transactions
Sometimes transactions can be declined, and there can be various reasons for this issue. Common causes include:
Merchants declining a purchase
Attempting to make purchases with insufficient funds on the card
Using the card in an unauthorized manner.
Review the following rules, restrictions, and guidelines as they might explain why your transaction has been declined.
Common Restrictions on Prepaid Cards
Prepaid cards come with certain rules to prevent misuse. Here are some common restrictions:
No Balance Transfers: You can't transfer money from one prepaid card to another.
Limited Payment Options: You may not be able to use your card for certain types of payments, such as PayPal, CashApp, or Venmo.
No Recurring Payments: Setting up recurring payments, like subscriptions or automatic bill payments, is usually not allowed.
No ATM Withdrawals: You typically can't withdraw cash from an ATM using a prepaid card.
No Fund Transfers: You can't transfer money from your prepaid card to a bank account.
No Credit Card Payments: You can't use a prepaid card to pay off a credit card balance.