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-   -   Depositing money into Entropay... (https://www.aspkin.com/forums/credit-card-alternatives/52798-depositing-money-into-entropay.html)

Leeman 11-08-2012 12:14 PM

Depositing money into Entropay...
 
Hiya, still new to all of this.

When verrifying your paypal with a prepaid card like Entropay is there a minimum amount you need to transfer onto the entropay in order to use it on paypal?

Ropey 11-08-2012 12:17 PM

Its 20pounds to setup the account, then you can create around 20 VCCs from the account, Hopefully Elijah sees this, he can back it up. Good luck pal.

Elijah 11-08-2012 12:24 PM

You can create 18 accounts from that £20 (plus 4.95% charge... so £20.99 in reality) intial load, since each card requires a minimum balance of £1 and it's £0.10 to transfer money to a card... so you will have £0.20 left over. For any future loads the minimum is £10 only, plus the 4.95% charge

That £1 minimum balance is just enough to cover the £1 charge that PayPal do to verify that the card exists... but if you want to confirm the card on your account, have at least another pound to cover their £1 confirmation charge (which is refunded into your PayPal account after you confirm the code sent).

If you want to get anywhere near £20 you will almost certainly need to send them some ID though... you will likely become restricted before you reach that point.

Edit: You can't verify a UK account with a card only. You need a bank.

Leeman 11-08-2012 12:28 PM

Yup made a few new banks today.

Looking at Entropay Im currently on a starter account, if I transfer 20 pound from my bank into can I make 18 VCC's straight away or do I have to upgrade to Basic and put my address etc in it?

Ropey 11-08-2012 12:53 PM

Instantly make the VCCs, that is whats good.

Leeman 11-08-2012 01:02 PM

Quote:

Originally Posted by Ropey (Post 391547)
Instantly make the VCCs, that is whats good.

Im using it now, ive made a VCC on it but the minimum amount I can put on the card is 10 pound, and thats just on one card...

Edit: nevermind done it xD

Ropey 11-08-2012 01:31 PM

Oh did you fix it to make it only 1 pound?

Leeman 11-08-2012 01:46 PM

Quote:

Originally Posted by Ropey (Post 391554)
Oh did you fix it to make it only 1 pound?

yea I had to upgrade my account to basic, and then deposited 10 onto my first card then made seperate cards and spread 2 each on them.


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