Mango Mobile Money and YAP

As at September 2012 their website claims: Free alerts, no signup fee for the card, no card to card transfer fee, no bank transfer load fee. Mobile carrier (not Mango) may charge a fee to receive text messages.

There are monthly fees, ATM withdrawal and balance inquiry fees, $0.5 YAP money transfer fees using mobile, 2% FX fees and cash load fees charged by other providers.

Mango lets you text money and check your balance with your mobile phone

YAP mobile payments is part of your Mango account and it makes it easy and convenient to securely transfer money to another Mango Cardholder by sending a simple text message. Need to split a bill? A family member is short on cash? With YAP you can send money with the push of a button.

YAP also allows you to check your Mango prepaid and Mango Savings balances with a text message. You can use any US mobile phone via SMS or download the Mango Money application from the Apple app store.