2020 Mezu and MezuCard Review

Using Mezu

Signing up for Mezu

  • Mezu users are limited to making $2,999.99 in transactions over the course of any given seven day period.
  • This also means you are limited to withdrawing up to $2,999.99.
  • However this limit can be raised to $3,999.99 if you submit a photo ID to Mezu.
  • To do this, visit your profile and scroll down to the “Send us your photo ID” option.
  • Note: I haven’t done this myself but Mezu adds that they’ll ask for a selfie in addition to the government-issued ID to verify it’s you.

The MezuCard

Last year, Mezu launched a digital debit card in partnership with MasterCard known as the MezuCard. This product is open to all Mezu users and allows them to spend their balance online or via mobile wallets such as Apple Pay, Google Pay, and Samsung Pay. Let’s take a look at what you need to know about MezuCard and how it works.

  • Just in case it wasn’t 100% clear, I want to state again that MezuCard is a digital-only debit card and, thus, you won’t receive a physical version of your card at all.
  • This also means the MezuCard debit card does not offer ATM access to funds.
  • MezuCard’s fee schedule does show a 3% international transaction fee, however this fee is currently (as of May 27th, 2020) being waived for MezuCard users.
  • Also according to their fee schedule, a $2.50 per month fee will begin applying after 12 months of an account being dormant or inactive.
  • Finally there’s an interesting note that says you can activate three virtual debit cards for free while activating a fourth within six months will come at a cost of $3.00 (I don’t know why you’d need four debit cards — or how you could lose a digital debit card — but there you go).

Final Thoughts on Mezu and MezuCard

Mezu is definitely different from other P2P payments apps I’ve ever used. Between the CashCode and MoneyBox options, I find Mezu to be incredibly clever and useful. At the same time, I can’t help but feel it’s the type of app that needs to really catch on in order to be as effective as it wants to be. For example, while I love the idea of being able to tip people or donate to them via the CashCodes function, the receiving person would need to download Mezu and I don’t see making an on-the-spot pitch for them to download the app and enter all of their information (including the last four of their Social) in order to receive my $5. That said, the QR code option is a step in the right direction that helps ease that pain point for some. Another major step forward comes with Global MoneyBoxes — something I actually pined for in my original review.

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Kyle Burbank

Kyle Burbank

Kyle is author of “The E-Ticket Life” and “Write, Print, Publish, Promote” as well as a regular contributor to Dyer News, Moneyat30, and The Laughing Place.