Google Wallet Prepaid Card being discontinued, October 17th is cut-off date to use remainder of funds
A whole horde of users received emails today being informed that Google would be ending its prepaid card program soon. Since Google Wallet is now compatible with all major credit card vendors they feel it’s no longer beneficial to keep it going. Unfortunately, some of you do still have a balance on that prepaid card.
Google’s giving you ample time to use that balance up as they’ve set the cut-off date to use it by October 17th. Even if you can’t find yourself using it up by that time, Google will give you the ability to request a refund for any unused funds. Beyond that, you will no longer be able to add funds to your prepaid card after September 17th.
It should come as no surprise to anyone as the Wallet program is now virtually accessible to anyone with a compatible Android phone and a credit or debit card from a major vendor.
The only reason to use the prepaid card was to get around the fact that Google couldn’t support anyone other than Mastercard, so since that is no longer an issue the prepaid card is no longer a necessity.
Google’s also changed their terms on fees. You will now be asked to pay $2.00 after 30 days of inactivity instead of the usual 180 days. In order to avoid the fee for this last time, Google will ask you to make at least one purchase before October 17th.
Go ahead and take care of all that well ahead of time, and be sure to set your Google Wallet account up with your cards if you haven’t done so already. Farewell, prepaid. Head to the source link for more details. [Google]