Netspend Blog

The Treasury Department and IRS have announced more information around the distribution of the government stimulus package/checks, or, as they’re calling it, economic impact payments (EIP). For the most up-to-date information go here.

We understand these are tough times as we adjust to staying home more and social distancing from each other. It can be even tougher for those without bank accounts, but Netspend can help.

Going digital has certainly changed the way we listen to music and watch TV, so it should come as no surprise that it’s changed the way we pay for things too. Now you can make purchases using what’s called your digital wallet. And don’t worry, if you’re not really sure what a digital wallet is or how to use it, we’ll get to all that and more.

In a world where data breaches are all too common, using a Virtual Account can help protect you from fraudulent charges when you shop online or by phone. If you’re familiar with digital wallets, Virtual Accounts are similar in that they use a digital account number. However, they provide an added level of protection because a Virtual Account is temporary and doesn’t use your main Netspend Card Account number. In fact, not only is the 16-digit card number different, so is the expiration date and 3-digit security code.