For years, PayPal was nothing more than an online service and tool through which payments to eBay, Amazon, and other people and businesses could be made. That was a huge benefit but now, people can secure a PayPal credit card. This card is backed by MasterCard so in addition to being used for PayPal purchases, it can be used anywhere that MasterCard is accepted.
Although we see more and more websites taking measures to provide consumers with a convenient, fast, and secure experience online, without doubt PayPal has one of the best. When it comes to an online payment service, PayPal makes it possible for money to change hands around the globe. Thanks to a currency calculator, payments can go virtually anywhere and you do nothing except choose the country’s currency for the location where the money is being sent.
Paypal Credit Card Benefits and Features
When making a PayPal credit card payment online, you have complete peace of mind. Because so many people use this service, the need for one of the strictest of all platforms was developed and executed. Because of the way in which PayPal works, people can set up virtual stores through eBay and other online auction sites and accept payments through PayPal.
- When consumers want to make a purchase, they simply click on the PayPal button, which redirects them to the PayPal website.
- From that point, that person could pay using a bank account, any credit card other than PayPal’s, or make a PayPal credit card payment online.
- From there, the money transfers to the store owner in real time and as soon as an acknowledgement is received, the item purchased would be shipped.
- Although a number of advantages exist for making a PayPal credit card payment online, the speed of this service, as well as security and convenience rank high.
- This entire process uses security certifications that protect ever dime being managed through the site, meaning money moved from one person to another person is safe.
- While some websites are safe, making a PayPal credit card payment online is 100% safe, meaning your information will never leak out to dishonest people.
Of course, security is just one of the many reasons that PayPal has quickly become the number one financial tool being used today. Keep in mind that a transaction fee is applied but when compared to what other similar sites charge the low rate of 2.4% is nothing. Now, in addition to the percentage rate, .30 is also applied but again, this is extremely low and hardly worth mentioning.
In addition to low fees and the ease of making a PayPal credit card payment online, this card offers a long list of benefits. For instance, to apply for a PayPal card costs nothing and if you ever wanted to cancel the card for any reason, you would pay nothing. In addition, to have a PayPal card requires no membership, there are no reporting fees, and no credit check for authorization is required. The reason is that the money maintained in the PayPal account is the amount available on the card. Therefore, the PayPal credit card is secured so anyone can get one.