Anyone over the age of 18 is permitted to use this application.
Nothing. SPARE will not charge you any fees nor are there maintenance fees to be part if the network.
SPARE strives to import as many digital wallets and currencies into its platform as possible.
We do not allow users to cash out promo funds to their bank account. The funds are designed to be used inside of the network with either other users or with our business partners.
As long as you have a minimum balance of $50 you can send us a request via the customer care chat with:
The amount you want to withdraw, name on the bank account, routing number and account number.
*We reserve the right to restrict bank transfers if they are solely for promotional funds that should be used within the network.
Any behavior that creates: fraud, the illusion of fraud, illegal action, misuse of funds, failure to properly identify, gaming the promotional system or any activity the company deems to be unsavory to the network of users and/or business partners will cause the user account to be suspended and all ill-gotten funds removed.
Feel free to reach out to our customer service. It could be a simple issue to fix (ID verification, missing contact info, etc.).
Once an account is suspended the company reserves the right to not allow that account to resume operation if it falls under the provisions of the "zero tolerance policy".
Download the app or go to: web.gotspare.com
Submit your government issued ID fro verification, fund your SPARE wallet and you are ready to go.
The QR and Bar codes are accessible via the app when a request is active. Some locations allow you to use your phone number and pin however, you will be required to show your ID.
Restart the app or your web browser.
All payments instantly come our of your digital wallet or payment method.
Select the amount of cash you would like to give out on a daily, weekly or monthly basis. Our system will connect you with user that need cash through the month. Ensure that have registered your account, submitted necessary documents, your account has been verified by one of our sales members and you are free to operate.
Into their SPARE bank account or merchants partners can have funds sent to another bank (for a fee).
Fees range from free up to 5%
Yes, we have several network partners that use POS such as: Clover, Miura, Pax, Ingenico and Toast.
Yes, each gets an email notification as well as access to the transaction history in their account via the app or web.
Most of SPAREs merchants offer cash out however, we have some that limit their services to "Cash-in", "Check Cashing" and "Loans". If you need help telling the difference - use the sort button in the app.
Yes, there are limits based one your security tier level.
If the digital wallet is available in SPARE - then you can get cash anywhere int he network.
Yes. This will help them reduce time and cost for getting funds to their employees and contractors.
At this time we only support vendors and select bills. Contact customer service for an update on their service.
Trust. We have worked hard to build our network of users and small businesses. We have seen many different forms of fraud that degrade the integrity of our network. In addition, we are a small company and if we were held responsible (as a company) for every transaction that ended in fraud in our network - we would not have a company after a very short period of time.
Your first check will not clear until we have received the funds from your bank, which is typically 24-72 hours after submission. It is not until you have processed your 4th check (and the previous 3 have cleared without issue) that you may be eligible for instant access on check deposits.