About Prex
Prex is a financial service (mobile app + account) with a payment card that allows you to store funds, pay for purchases, and make transfers. In different countries, terms and available features may vary. Typically, a balance in local currency and USD is available, and in some versions — multi-currency.
Advantages
Instant transfers within the system and 24/7 operations
Online and offline card payments (where the international card network is supported)
Support for local currency and USD (in some countries — multi-currency)
Account and security management in the app (notifications, card blocking)
Disadvantages
Fees depend on the country and type of transfer (it can be a percentage or a fixed amount)
International transfers and cash withdrawals may have additional fees
Top-up/transfer limits depend on the verification level
How does the Prex system work?
Prex is a financial service (app + account) with a card that allows you to top up the balance, make transfers, and pay for purchases. The user registers, passes verification (if needed), tops up the account, and uses transfers and payments via the app.
Among the service features:
- transfers between Prex users;
- transfers to bank accounts (where available);
- card payments online/offline;
- currency exchange in the app (depending on the country);
- cash withdrawals at ATMs (under the tariff conditions).