A collection of frequently asked questions for your consideration
What is Dropp?
Dropp is a virtual closed loop prepaid access service. Dropp users fund their account and then can make payments to Merchants who are enrolled to accept payments via Dropp.
What is special about Dropp?
Dropp is specifically designed for micropayments from $20 and under. You can make payments for $0.05, $0.50 or $5.00 to merchants. With Dropp, you can purchase 30 minutes of Wi-Fi access, rent a scooter for 10 mins, buy a cup of coffee, pay for weather data in an application, as well as many other items and services.
How do I fund my Dropp account?
Funding your account can be done with a credit card or ACH. More funding options will be available in the near future.
Do my Dropp funds expire?
There is no expiration for your funds. They are yours forever.
When I fund my account, where is my money saved?
Your fund are securely managed and maintained at Signature Bank.
When will Dropp be released?
Dropp launched its beta release in early February 2021.
Does Dropp allow payments to individuals?
No. You can not use Dropp to make payments to individuals.
Are fees charged when making a payment?
Dropp users do not pay any fees for making a payment to a Merchant.
What platforms have the Dropp app?
You can find Dropp soon on Google Play and in the Chrome Web Store. More platforms are coming soon. Please check back for updates.
What can you do in the Dropp app?
Setup your account. Fund your account. View your transactions. Monitor your transactions securely by approving or rejecting your transactions.
Are there limits to using Dropp for payments?
You can only use Dropp at enrolled US-based Merchants. You are limited to making $100 worth of payments in a day. You can not fund your wallet with more than $100.
How does a merchant work with Dropp?
Merchants can sign up at the Dropp portal. Merchants need to integrate Dropp into their purchasing experience. It’s easy to integrate Dropp. There are several applications that help merchants integrate their invoices/bill with Dropp.
Do I have to be a US-based merchant to sign up to Dropp?
Yes. Only US-based merchants can enroll to Dropp now.
As a merchant do I have to wait until the end of the month to get paid?
When a customer makes a payment you get paid. We do not believe merchants should be waiting for their funds.
Does Dropp share my purchasing data with any 3rd parties?
No. Dropp does not share any of your purchasing data or personal information with 3rd party marketers or advertisers.
Does Dropp provide products and services such as video streaming, articles, music streaming, etc.?
No. Dropp is a payment service provided to merchants to enable their customers to purchase. We do not host or offer any products or services for purchase.