This CNN Money report highlights that while some personal finance experts warn consumers against prepaid cards because of their high fees, the Mango Prepaid MasterCard is one of the exceptions, carrying some of the lowest fees in the industry.
Dan Macsai of Fast Company lists the top ten most innovative companies in finance and has ranked mPOWER Group–the parent company for Mango–as the No. 4 most innovative, thanks to its commitment to providing high-quality, low-cost financial services to the unbanked.
The Economist article, “Unbanked Americans: Alienated,” speaks to the plight of people living and working in the United States without traditional banking services. Mango Financial has been highlighted as a provider of alternative, low-cost, money management tools to help these individuals get the most out of their hard-earned wages
This Fast Company article by Dan Macsai praises Mango for its easy to use financial products geared towards empowering the unbanked and underbanked, and reveals the motives behind creating a company that serves a neglected demographic.
This article published online by Mackenzie Fegan for Good Magazine describes Mango as a great alternative for people who don’t want to use traditional banks to manage their money, claiming that Mango’s comfortable approach to banking with a focus on mobile services may help shape the future of personal finance.
In this CNN Money article, Kate Ashford cautions he readers to be wary of credit and prepaid debit cards that charge high fees and take advantage of their customers, and instead offers the Mango MasterCard Prepaid Card as a straightforward, low-cost alternative.