Posts Tagged Can you use a prepaid credit card on PayPal?
ou Can You Use A Prepaid Credit Card on PayPal?
Posted by admin in Prepaid Credit Cards on July 21st, 2009
These days, not everyone is comfortable getting or CAN get a debit or credit card through a national chain bank or credit institution. With high limits on credit cards, someone may get a hold of your account information and purchase things on your line of credit, otherwise known as Identity Theft. The same goes with a debit card linked to a checking account. Instead, they’ve invented the solution to that problem – a prepaid credit card.
For the most part, these prepaid credit cards work anywhere, just like a regular credit card, but it can be tricky to find out: can you use a prepaid credit card on PayPal. The answer to that is simple: Yes, you can use a prepaid credit card on PayPal, IF you have the right kind of prepaid credit card.
Right kind? Yes, the right kind. The kind that you need will be one that you have an account with, meaning that they have your contact information and your name appears on the card itself, making it YOURS. There should also be a three digit security code somewhere on the card that will help you to use your prepaid credit card on PayPal to verify that it really is the owner of the card that is using it to verify a PayPal account. Can you use a prepaid credit card on PayPal? The card company should be able to tell you if their particular card will work or not.
The kinds of prepaid credit cards that WON’T work are the kind that you purchase in a store, such as the Green Dot card, that do not have any personal information tied to it that PayPal can use to authenticate the identity of the owner of the card to match the information listed in the PayPal account to be verified. These cards are usually only used for direct online purchases, and store purchases. So can you use a prepaid credit card on PayPal to verify your account? Yes!
Setting up your PayPal account with your prepaid credit card, provided it’s the right kind, will be simple, and will be the same process you would go through if verifying your account through a regular credit card, debit card, or direct checking account. To be able to use your prepaid credit card on PayPal, you will need to go through the process completely for the card to be verified, and then you will be able to start making purchases through your PayPal account and to your prepaid credit card. So can you use a prepaid credit card on PayPal for purchases? Yes!
Just as you can use your prepaid credit card for purchases, you may have extra cash in your PayPal account from selling items or receiving cash from others. You may want to use this cash for other things, and transfer that cash out of your PayPal account. Can you use a prepaid credit card on PayPal to withdraw funds from your account to your card? Yes!
So if you are wondering: can you use a prepaid credit card on PayPal, the answer is yes! Just make sure it’s the right kind, and to go through the process completely to verify your PayPal account before making any purchases.
