Yes. Being unable open an account with the Banque de France will not affect your ability to activate your Transcash Mastercards. Switching to the ESSENTIAL formula simply requires proof of identity and switching to the MAX formula requires proof of identity and address. What’s more, with Transcash Mastercard, you no longer risk going overdrawn when making purchases.
As Transcash Mastercard cards are sold at newsagents and tobacconists, the card holder name cannot be known in advance and does therefore not appear on the card.
On the Essential and Max formulas, you can personalise the card (the card holder name appears instead of ‘Transcash’). To do so, just log in to your account and order your personalised card (see rates)
Unlike a credit card, the Transcash Mastercard prepaid card does not give you access to credit. Your spending is limited to the amount you have loaded onto the Transcash card and is debited immediately. You cannot go overdrawn when making purchases, so there is no risk of having to pay surcharges.
The Transcash Mastercard prepaid card is not linked to a bank account, so you can benefit from the services (secure payment to all Mastercard merchants,
The number is limited to one active pack per customer.
Members of your family can each have an active pack in their own name if they are over 18. For each pack purchased, you can activate up to 3 red cards on the ESSENTIAL Formula and on the MAX Formula. The red card can be used from the age of 13.
The Transcash pack contains two prepaid Mastercard top-up cards: a Black Card for you and a Red Card to give to the person of your choice in France or abroad.
The Black Card is a prepaid Mastercard top-up card that can be reloaded using Transcash reloads, by bank card or by bank transfer. Like any other Mastercard bank card, you can use it to withdraw money from ATMs and pay for your purchases at any physical or online outlet that accepts Mastercard,
Yes. The Transcash pack Holder must first have ESSENTIAL or MAX status (up to 3 red cards).
Only one transfer of up to €150 is allowed when activating the Red Card. To increase the red card limits (same limits as the black card), make further transfers, and make payments and withdrawals in the global Mastercard network, the red card holder will need to submit his/her identity document to Transcash by emailing it to [email protected]
Yes. You must be over 18 and resident in France. You must also have a French or European Union member state identity card, or a valid passport (French or foreign) or valid residence permit.