One of the most convenient ways to send or receive money is PayPal. PayPal is a website that facilitates the transfer of money between you and someone else. By simply signing up for an account, you can add an e-commerce element to your personal or business finances. In addition to providing their customers with an online option, PayPal also offers a debit card for added convenience in some circumstances. The debit card is easy to use.
Steps
Step 1. Apply for a PayPal Debit Card - MasterCard through your PayPal account
It's a simple process, and the site will guide you through the application and approval system. The request involves answering various questions, such as your contact information, e-mail address, preferred language and the type of account you wish to subscribe. The application process is relatively short and only takes a few minutes.
Step 2. Select an alternative funding method for your PayPal account
This will link your account to a checking or savings account, and the link will allow the use of your bank if your PayPal funds are exhausted following a purchase.
Step 3. Find out about your debit card limits
When you first receive your card, default limits are automatically set for its use. By default, the default daily spending limit is $ 3,000 USD. The daily limit for ATMs (ATMs) is $ 400 USD. You can vary these limits more or less by contacting PayPal directly.
Step 4. Use your card as a debit card activated through your pin at retail outlets that accept MasterCard
Swipe the card and enter the PIN code to make the purchase. You can use it virtually anywhere: restaurants, gas stations, department stores, hotels, and more.
Step 5. Use the credit option for the debit card where MasterCard is accepted
Simply swipe your card and sign at checkout. If you are registered as a Preferred Rewards member, you will receive a one percent cash reward form for every purchase you make.
Step 6. Use your debit card with or without an existing PayPal balance, as long as your alternative funding method has cash available
For example, if your PayPal account is empty and you want to fill up with fuel, you can still use your debit card, as long as the bank account linked to your PayPal account has the necessary amount to fill up.
Step 7. Check your balance with your debit card
Go to any ATM and choose the account option. Choose to show your balance to see availability on your PayPal account.
Step 8. Use your card at an ATM to withdraw PayPal funds
At the ATM, enter your pin code, select the account option and choose to withdraw funds. Enter the amount you wish to withdraw and press the enter key.
