I had heard from someone, that there were ATM cards available that let you withdraw cash from your local atm, and accepted Paypal as a funding source. Has anybody used such cards? from where can I buy them. Thanks for the help.
You can get one free if you have PayPal account. http://www.paypal.com/cgi-bin/webscr?cmd=_help-ext&eloc=0&loc=3190&source_page=_home&flow=
The PayPal Debit Card is available to users who: * Have a U.S. PayPal account * Have been a PayPal member for at least 60 days * Registered a credit card where the monthly statement is sent to a physical street address (not a P.O. box) * Are Verified (completed PayPal's Verification process) * Have upgraded to a Premier or Business account * Are an active PayPal member in good standing, as determined by our Account Review Department To bad i dont live in U.S else i would apply for one
Yes you must have a Premier/Business Account. ATM fee is $1. PayPal gives 1% INSTANT Cash Back Bonus EVERYTIME you use the card (You need to verify something or setup a backup first I beleive)! Plus if you overdraw your PayPal account .. you can have funds taken from your Bank Account or CC for back up! NO MORE OVERDRAWN FEES!
Be careful using a bank account as back-up funding. If someone hacks your Paypal account or gets your card they can suck your bank account dry.
Paypoint = used to top up you're card. it does allow paypal i sent them a mail, and they said it is allowed to use PayPal.
ok .. and how is that different than using the ATM card straight from the bank? .. again. . every time you use the card you are risking someone emptying your account. So thats why they have 100% Customer Protection. Only downfall I see is that it now makes your Pay Pal account less secure b/c your PayPal ATM card # is now given out whenever you purchase with it ..
Can you please give me the link of the page, on the gcard website, which says, that they accept "paypal" as a funding option. I can't seem to find it.