Varo is a pioneer American digital consumer bank that was founded by Colin Walsh in September 2015 and is headquartered in San Francisco, United States of America. Varo was founded with a mission to make the banking experience easy and accessible for all Americans. Within three years, Varo became the first US consumer fintech to receive the status of a national bank charter from the OCC. VAro debit cards are usually used to make POS payments by its customers. A small fee from this transaction goes to Varo, with which it sustains its services. Now the biggest concern here is, can one withdraw money from his Varo account without using the card. Let us know more detail about ‘How To Withdraw Money From Varo Without A Card?’.
How To Withdraw Money From Varo Without A Card?
Many times, due to some urgency, we forget to carry the debit or credit cards with us, or we may misplace the card or forget the password. In such cases, it becomes very helpful if we can still have access to our money without having to use the card for the transaction. Varo offers such a facility. But learning how to withdraw money from a Varo account without using the card is very crucial. Let us see further in this article and learn how to avail this facility to make our banking experience easy.
Withdrawing money from the Varo account without using a Card –
Varo is quite prominent in terms of providing safe and secure banking facilities to its online users. Those who are eager to have a seamless online banking experience can avail of Varo accounts for all their transactions. However, it is always advisable to carry your card or card details with you, but there are some other ways in which you can withdraw money from the Varo account without having the necessity to swipe your card.
- Cardless ATMs: One of the easiest ways is to go for cardless ATMs for such withdrawals. Varo cards have such options wherein, if you have a smartphone and are able to find a cardless ATM near you, you can easily withdraw money using OTPs and passwords for accessing your account. So, if you forget to carry your Varo card, use a digital bank cardless ATM for transactions.
- Using other applications: As the new technologies come into play, there are a number of mobile applications that can be used to make online payments. Many applications like Google Pay, Apple Pay, and PayPal can be used to make transactions digitally without having to spend any cash. Wherever possible, you can use these methods simply by using a scan code or Google Pay ID and make the payments seamlessly without a card.
- Using other bank accounts: Sometimes, a technical glitch can hinder your transactions, or your card may get stuck in the ATM machine. In such cases, if you need money urgently, you can try to transfer some of the funds from your one bank account to another, i.e., from your Varo account to any other account, and then make the transaction easily.
- Using someone else’s account: In case you do not have another bank account, transferring money into an acquaintance’s account may also be helpful. You can use their card to withdraw the money rather than using yours. Otherwise, you can also ask them to pay on your behalf, and you can digitally transfer the amount to their account without even taking your card out.
- Use a global debit card: The last method is to use a global debit card for your transactions. If you travel out of the US frequently, then having a global debit card is the best option. You can open a wise-multi-currency account which will give you easy access to your current online account, multi-currency balances, and also a debit visa or MasterCard. This way, you won’t have to carry your Varo card with you physically everywhere.
Conclusion
Making cardless transactions usually is very easy if you own a smartphone or a laptop. However, in case of emergencies, you can use any of the five methods mentioned above to make cardless transactions from your Varo account. Varo is so secure and safe that you do not need to worry while making online payments to the merchants digitally. So forget the hassle of carrying your card everywhere if you have a Varo account.
Frequently Asked Questions –
- How to transfer money from Varo to another bank account?
Open your Varo mobile app and click on MOVE MONEY and then select TRANSFER MONEY. Next, select the other account you want to transfer the money to and move the amount as per the limit of the transaction.
- Can I transfer money from Varo to the Varo account?
Yes. You can transfer money from one Varo account to another by using the same method as above.
- How many types of verifications exist for transactions?
OTPs, QR codes, and biometric verifications are some of the methods through which online digital payments can be secured. The bank may suspend the transaction if you fail to verify any of these security codes.