Unlike traditional banks that may charge consumers lots of hidden fees, we make money from 'interchange.'
Every time you use your Envel debit card, Visa processes the transaction and charges an interchange fee for the service at the merchant (not you).
We get a percentage of that interchange fee, which means we never have to charge you those unnecessary fees to run our business. It's a win-win for everyone!
How do you make money when you have no hidden fees?

Written by Diederik
Updated over a week ago