How does Vanilla Reload work?

How does Vanilla Reload work?

1. Use the Money Network locator to find a participating reload location.
2. Bring your prepaid card and money to the register at a location near you and present your card to the cashier to add funds* to your prepaid card.
3. The cashier will ring up the sale and load your funds directly to your prepaid card.

Why do criminals use prepaid cards?

Prepaid cards are such a popular tool for money laundering because of these characteristics: Funding methods: Criminals can obscure the origin of funds loaded onto prepaid cards, and their transaction history. With open cards, Funds may be loaded through phone and online mediums, as well as other services. ‍

Is there a scam involving gift cards?

Someone might ask you to pay for something by putting money on a gift card, like a Google Play or iTunes card, and then giving them the numbers on the back of the card. If they ask you to do this, they’re trying to scam you. No real business or government agency will ever insist you pay them with a gift card.

Can prepaid cards be scammed?

Prepaid cards are also a common method of payment used in financial scams. While reloadable cards do require the user to provide some personal information, prepaid cards often aren’t easily tied to specific identities. That makes it easy for fraudsters to use them for money laundering.

Can I buy a vanilla reload card online?

Purchase a Reload near you and apply the funds here at VanillaReload.com.

Are money mules victims?

A money mule is someone who receives and moves money that came from victims of fraud. Some money mules know they are assisting with criminal activity, but others are unaware that their actions are helping fraudsters.

Why are prepaid cards high risk?

Pre-‐paid card programmes where the cards can be loaded online by value transfer from another card (pre-‐paid, debit or credit) carry an increased risk of money laundering due to the relative ease of transferring funds electronically and the lack Page 9 © The Wolfsberg Group 2011 Wolfsberg Guidance on Prepaid & Stored …

Can you dispute a charge on a vanilla visa gift card?

Here’s what you should do: Dial 1-844-433-7898. Talk to the representatives about the refund. Provide them with necessary info.

Why do hackers want gift cards?

The hacker will need to tell the victim their account numbers and sort codes, and have them enter the details on their side. If the victim encounters issues or doesn’t know how to wire money, it can delay the scammer from getting paid. That’s why you see scammers ask for gift cards instead of money.

Can vanilla gift cards be traced?

A) Yes, they do keep track of purchases. Almost all prepaid gift cards require some form of registration where they collect different data about you: name, address, zip code, phone number, etc.

Is MyVanilla safe?

*MyVanilla® Prepaid Visa® Card is safer and more secure than carrying cash. The Visa Zero Liability policy covers U.S.-issued cards only and does not apply to ATM transactions, PIN transactions not processed by Visa, or certain commercial card transactions.