About Livecards.net
Livecards.net is a digital financial services provider specializing in the issuance of prepaid virtual and physical cards, primarily targeting consumers and businesses in Europe. The platform allows users to instantly obtain Mastercard or Visa prepaid cards denominated in Euros, usable for both online transactions and in-store purchases wherever these networks are accepted. Livecards.net offers two main products: virtual cards for secure online use (such as shopping, subscriptions, or digital services) and reloadable physical cards for everyday spending and cash withdrawals.
The service is positioned as an alternative to conventional banking, appealing to individuals who prefer the budgeting control and privacy of prepaid cards, or who may not have access to traditional bank accounts. Funding options include SEPA transfer, credit/debit card payments, and bank wire, with fund management accessible via a user-friendly web interface and dedicated mobile app.
For business clients, Livecards.net provides solutions for managing employee spending and distributing travel or project funds, allowing detailed controls and transaction monitoring. Security features such as two-factor authentication, real-time transaction alerts, and the ability to freeze/unfreeze cards ensure added protection for users.
While Livecards.net’s main focus is the European market with full Euro and SEPA support, it also accommodates cross-border use. However, it is not a full banking solution; core services center on prepaid payment cards, not current accounts or traditional financial products.
Pro's of using Livecards.net
- Instant issuance of virtual cards: Users can set up and use virtual cards immediately, streamlining secure online payments and subscriptions.
- Strong security and privacy: Prepaid system limits exposure of personal bank details, with additional card management features (freeze/unfreeze, 2FA, alerts).
- Accessible for underbanked users: No credit checks; suitable for those without bank accounts or with limited credit history.
- Budget control: Users can only spend what is preloaded on the card, helping avoid overdrafts and manage spending.
- Broad acceptance: Cards are issued via major networks (Mastercard/Visa), accepted at millions of locations across Europe and internationally.
Con's of using Livecards.net
- High or multiple fees: Charges apply for issuing cards, funding, ATM withdrawals, foreign currency transactions, inactivity, and sometimes monthly maintenance.
- Limited banking functionalities: No direct deposits, overdraft, loans, or comprehensive account features; only prepaid card services.
- ATM restrictions: Withdrawal limits and related fees can be restrictive compared to standard bank accounts.
- Mandatory verification (KYC): Identity checks are required and can cause delays, especially for higher limits or business services.
- Customer support responsiveness: Some users have reported slow response times from customer service during busy periods.
What are alternatives for Livecards.net
- Revolut
Offers both virtual and physical prepaid cards, multi-currency accounts in Euro, budgeting tools, and broader financial services via a well-rated mobile app.
- N26
Full digital bank providing Euro accounts, debit cards, transparent low-fee structures, and premium tiers with additional benefits like insurance.
- Wise (formerly TransferWise) Borderless Account
Supports multiple currencies, including Euro, with a Mastercard for global use and highly competitive exchange rates.
- Monese
Focused on expatriates and the underbanked, delivers fast Euro/GBP account setup, instant virtual cards, and multi-currency services.
- Paysafecard (by Skrill)
Offers prepaid vouchers and cards for discrete online payments—commonly used for gaming and online shopping in Europe.
- Skrill Prepaid Mastercard
Links to Skrill e-wallets; suitable for online spending and transfers, with support for multiple European currencies.