There is an online marketplace on the internet named Tranzact Card (Tranzactcard.com) that advertises itself as a marketplace that benefits everyone by lowering the cost of basic goods and services.
This platform works with banking fee structures and manufacturers’ distribution systems to re-arrange profits and pricing.
In this post, we are going to review Tranzactcard.com and let you know whether it is legit or not.
What is Tranzact Card?
Tranzact Card is a physical and digital transaction card that can be used globally and bears the recognized Visa bank card branding.
Tranzact Card clarifies that they are not a bank and its banking service are provided by the partner Solid Financial Technologies, Inc.
As per its website, the chairman of this company is Richard Smith and it is being operated from the USA.
According to SimilarWeb, the total visits on its website are 4.8k+ and its domain was registered on April 2021, as per WHOIS.
Tranzact Card also offers an affiliate program that allows its users to earn more incentives over the perk of its services. Its affiliate membership costs a one-time $450 fee and then $150 per month.
| Website | Tranzactcard.com |
| Known as | Tranzact card |
| Products Offered | Prepaid card |
| Domain registration date | 28 April 2023 |
| Mailing Address | Tranzact Card LLC, PO Box 7414, Jackson, WY 82002 |
| Contact e-mail | [email protected] |
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Tranzact Card Review
After investigating this company’s business model and its affiliate program, we found grey characteristics in this company. Here are some positive and negative points:
Positive:
- Founders are publicly present
- Full transparency
- Reliable contact support
- Precise address provided
Negative:
- Negative reviews on the internet
- Suspicious past of operators
So far Tranzact Card seems to be a legitimate platform and also exhibited certain positive attributes that outweigh its bad ones.
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FAQs
Who is the operator of Tranzact Card?
The chairman of Tranzact Card is Richard Smith.
From where is Tranzact Card operating?
Tranzact is operating from the USA.
Is Tranzact Card legit?
Yes, Tranzact Card appears to be a legit platform.
Should I use the services of Tranzact Card?
Yes, you can use the services of Tranzact Card but at your own convenience.
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I have used my Tranzact Card successfully, many times, and have been able to acquire enough Z-Bucks to go on the cruise next year. We are in Pre-Launch so I have enough understanding to realize that glitches will happen. It took 4 weeks to see my first Z-Buck and then they all appeared at once. I have also used them to make a purchase on the Z-platform and my Z-Bucks saved me $250.00! The program is legit and the account is FDIC insured. There’s really no scam here, just a bunch of haters that hate good things!
The fact it took a month to get your Zbucks is anecdotal evidence this is a Ponzi scheme. They have to get new blood into tranzact to be able to pay you. Eventually, I predict this scheme will wind up screwing a lot of people!
Agreed!
Do you have any evidence, facts, information to back up what you agree with? Just trying to gather up as much real information I can & not just comments.
So, I don’t have to pay credit card fees but I have to pay $450 up front and then $150 a month. Does that sound reasonable to everyone?
Can you tell me please what you base your comments on? Do you have some kind of proof that I can actually see. Not trying to be a smart ass I’m just vetting this for myself.
It’s not a ponzi scheme! We are in beta pre launch so there have been glitches that sometimes took a little bit to get fixed. Every day things get better and better. Can’t wait for the launch in November. This company is so awesome.
How did you earn enough Z-Bucks to go on a cruise in just a couple months off of the rewards? Since they have only been in business since the end of April of this year your credit spending would have to be about a million dollars a month.
The cruise was about 1200.00 and you get a dollar for every dollar you spend.
If you started accumulating in April, you’ve spent more than $1200
You don’t get a dollar for a dollar. You get a zbuck for every dollar. A Zbuck is not a dollar.
Wow Tranzact card with KYC and everything was a very simple process to go through so in pre-launch mode this is the greatest moment pushing from the start for years to come. letsgo@!!!
Tranzact card is great. We are in pre-launch so there are a few glitches. All in all it’s been a fantastic experience. You can save lots of money on all kinds of purchases. It’s like Amazon on steroids.
I have to question how they are going to pay off all these Z bucks people are accumulating. Where are going to get all these great deals. No indication they really can much of anything available to buy. Then it is immediately sold out. Has anyone purchased and had something delivered.
On the other hand Visa usually vets these things and so far so good. Who knows what happens when Nov 1 comes around and they go out of Beta.
If I have a million zbucks in my account, who owns and backs my asset? Is there something tangible ($US Dollars set aside in a custodian account) as collateral, or are my zbucks value only based upon the full faith and credit of Tranzact?
I am totally impressed with what I’ve seen with TranzactCard. Because this has never been done before, there are skeptics who just don’t understand it yet, and so they are criticizing it without all the info.
This company is still in pre-launch, so yes, there are glitches; that’s the purpose of pre-launch, you work out the snags. But the marketplace is for real; I’ve been helping to test it in the lab, and they are on track to launch in November with millions of SKUs available. A zbuck is worth $1 WITHIN the e-commerce marketplace. You can buy everyday items or wish list items and buy down the price 30-60% off by using your accumulated Zbucks, which you earn just by swiping your debit card for any purchase. It’s a one-for-one exchange. Say I used the debit card to buy gas for $70, then I receive 70 Z bucks in rewards that can be used like $70 within the marketplace, which will be open in November.
I love the idea but have a question. What is the profit for Tranzact if they give us Zbucks for our dollars and then give us discounts on different things from 30-60% off? Is the membership down payment and monthly down payment that helps the company stay afloat? Just curious. Financial mind here.
I am ready and waiting on this exciting new way to shop.
bring on the launch!
I read a lot of the comments, and it seems some do not really understand the total concept nor wish to give the company a time to work out the glitches that most companies have when they first start up. The ZBuck is a mean in which to pay down an item of which the company has make a deal to lower the cost and yet still make a profit on the sale. I am concerned that perhaps a competitor will try to discourage people from joining by writing negative reviews. I truly believe we are on the verge of something great.
It sounds convoluted and complicated.
Who makes money off of this and Off of whom….
with this company and concept of Zbucks, its a Win-Win situation. Everyone gets a piece of the pie. Just think of the money the Banks make out of credit cards and the Merchants who PAY the service FEE to accept the credit card of their customers. Its a lot of $$$ for the banks!
So, Guess WHO Pays for it, if its a WIN-WIN for everyone?
THIS COMPANY HAS MISSED EVERY DEADLINE THEY HAVE PROMISED –THERE IS NO TRANZACT AVAILABLE YET–Z BUCKS ARE JUST MONOPOLY MONEY THEY HAVE NO REAL VALUE EXPECT YOU HAVE TO USE THEM IN THE Z STORE THAY HAS NO REAL VAULE OF PRODUCT THE STORE IS A TOTAL JOKE -IF THEY SHOW A DEAL ON A PRODUCT IT IS SOLD OUT IN 2 MINUTES- REAL COMPANIES HIRE REAL EXPERTS IN THE FIELD TO PERFORM RUNNING OF THE BUSINESS – NO REAL SAVINGS IN A JOKE FOR A STORE -NO CARD- CARD HOLDERS CANT SIGN UP OTHER CARD MEMBERS =THE COMP PLAN HAS THE UPLINE CREATING COMPETION AGANIST THE MEMBERS THEY SIGN UP WOW I CAN SPONSOR YOU BUT EVERYONE ELSE I SPONSOR WORKS TO COMPETE AGANIST YOU FOR MEMBERS EVERY MEMBER I PUT AND AND ALL THE MEMBERS THEY PUT IN ARE WORKING AGANIST YOU TO BUILD YOUR BUSINESS A GREAT MODEL OF WORKING AGANIST EACH OTHER THE UPLINE WILL NEVER EVER TELL YOU THE — THE UPLINE MAKES NO MONEY FOR YOU THEY CREATE YOUR COMPETION THIS COMPANY HAS MISSED ALL THE DEADLINE ON WHAT MATTERS AND THE STORE WAS BUILT FOR THEM TO MAKE MONEY BECAUSE THE ONLY PLACE YOU CAN USE YOUR Z BUCKS IN THERE STORE AND IT IS A TOTAL JOKE RIGHT NOW YOU CAN PAY AND HAVE A SHOPIFY STORE BUILT SET UP WITH 1000’S OF PRODUCTS IN A FEW DAYS SO TELL ME MORE ABOUT THESE SO CALLED GREAT BUSINESS MEN
Why don’t you turn off your caps lock so it is easier to read what you write? Are you really that lazy that you can’t use a shift key?