FirePay

Overview
FirePay operates as a web-based cash bank account. Anyone wishing to open a FirePay account can do so, provided that they have a valid US bank account. Due to the fact that most online shoppers perform online transactions with their credit cards, FirePay was started to target these individuals. The process is very similar to general credit card operations because all FirePay accounts are funded directly by the US bank accounts. The funds that appear in the FirePay account can be used to perform a wide range of online purchases of goods and services wherever the FirePay logo appears on a participating merchant’s website.

Deposit funds with a valid banking account - All funds are transferred as a direct electronic bank transfer, otherwise known as an ACH.  Before receiving funds, a banking account must be validated by retrieving a deposit # made by FirePay into the banking account. 

After validation, all transfers take 2 to 3 business days to clear. 

There is a small fee for every deposit made into the FirePay account.  There are no fees for purchases.  There is no fee for withdrawals either, which can be deposited directly back into one's banking account.

Use the ExpressFund option for immediate access to funds - This process is more time efficient than standard FirePay, but comes with more restrictions.  Accounts are limited to depositing $500 per week, and there is an additional $2 fee per deposit.  Validation of a legitimate banking account is required before using.