Pyypl
Prepaid Debit Card

• ID card or passport
• Local mobile phone number

Pyypl (pronounced "people") is a next-generation financial platform designed to provide digital financial services without the need for a bank account, particularly catering to the unbanked and underbanked populations. Below are the detailed product features of Pyypl:

1. Digital Wallet

• Instant Account Creation: Users can create a Pyypl account instantly using their mobile number, without the need for a traditional bank account.
• No Bank Account Required: Pyypl operates as a digital wallet, allowing users to store and manage their funds entirely online.
• Multi-Currency Support:Pyypl supports multiple currencies, enabling users to hold and transact in different currencies based on their needs.

2. Prepaid Virtual Mastercard

• Instant Issuance: Pyypl provides users with a prepaid virtual Mastercard that can be issued instantly upon registration.
• Global Acceptance: The virtual Mastercard is accepted globally wherever Mastercard is accepted, allowing users to shop online, pay for subscriptions, or make other digital payments.
• Top-Up Flexibility: Users can easily top-up their Pyypl account using various methods such as bank transfers, cash deposits at partner locations, or even using other payment platforms.
• No Credit Check: The prepaid Mastercard is available without the need for a credit check, making it accessible to a wider audience.

3. Money Transfers

• Peer-to-Peer Transfers: Pyypl allows users to transfer money instantly to other Pyypl users within the app, free of charge.
• International Remittances: Users can send money to family and friends in other countries at competitive exchange rates and low fees.
• Local Transfers: Pyypl supports local money transfers, making it easy to pay friends, family, or even merchants.

4. Bill Payments

• Utility Bill Payments: Users can pay their utility bills directly from their Pyypl account, simplifying the process of managing household expenses.
• Mobile Recharge: The platform allows users to top-up their mobile phones with airtime or data directly through the app.

5. Security Features

• Card Security Controls: Pyypl users can lock or unlock their virtual card instantly through the app, providing enhanced security for online transactions.
• Secure Transactions: The platform uses advanced security measures such as two-factor authentication (2FA) and encryption to protect users' accounts and transactions.
• No Overdrafts or Loans: Pyypl operates on a prepaid basis, ensuring that users cannot spend more than they have, avoiding debt accumulation.

6. User-Friendly Interface

• Easy Navigation: The Pyypl app is designed with a user-friendly interface, making it easy for users to navigate and access the various services.
• Real-Time Notifications: Users receive instant notifications for all transactions, ensuring they stay informed about their account activity.
• Multi-Language Support: The app supports multiple languages, catering to a diverse user base across different regions.

7. Accessibility and Availability

• Global Reach: Pyypl is available in several countries, making it a convenient option for international users and expatriates.
• No Hidden Fees: The platform is transparent about its fees, with no hidden charges for using its services.

8. Customer Support

• 24/7 Support: Pyypl offers round-the-clock customer support through various channels, including in-app chat, email, and phone.
• Comprehensive Help Center: Users can access a detailed help center within the app or on the website for troubleshooting and FAQs.

Pyypl aims to provide a comprehensive and accessible financial solution for users who may not have access to traditional banking services, with a focus on simplicity, security, and global usability.

• You can stop using Pyypl anytime - there is no contract, or commitment. Just uninstall the app, or click "close my account" in the Pyypl app, and that's it.
• Your card is a digital debit card. You will receive your virtual Pyypl Mastercard number in your app in a few seconds, and you can start using it immediately.
• Pay by your Pyypl card in more than 50 million shops and websites internationally. You can also request your Pyypl contactless physical plastic card contacting our in-app customer service. It's safe to use Pyypl in online shopping, there is no risk that you receive any unwanted credit card bills.
  
  

Fees

• Virtual card (inactivity fee): AED 9/month (it will be charged only in case you don’t use the card at least once during the previous month)
• Physical card fees: AED 7.5/month

Load methods (always FREE)

• Bank Transer
• Debit card
• Cash: using the Pyypl’s dealers
• Cash: using the uPay kiosks

Transaction fees

• Local purchase: AED1
• International Purchase: AED 3 + 3.9%
• International mobile topup: AED 2

Money transfers

• To pyypl users: AED 2
• Remittance: from AED 10