PayPal Mastercard is a debit card available for every individual PayPal account holder including every business owner. Who has either a PayPal Business account or a PayPal cash plus account. Which will allow you to access money with your U.S account instantly. However, the card allows you to withdraw funds from your account. Or check your balance at any Maestro ATM. Also, pay wherever you see the Mastercard logo which you don’t need a minimum balance in your PayPal account.
PayPal Business Debit Card allows users to earn cash back on signature purchases when you Sign up for the Cash Back program. However, there is protection against unauthorized payments sent from your account with the Mastercard Zero Liability Policy. Also, if you apply for the card and get approved it usually takes seven to ten business days. To receive your PayPal Business debit Mastercard in the mail. If your application for the card is denied, you can reapply after 30 days.
How does the PayPal business debit card work?
It just a card that works like most bank debit cards which you can use the card as a credit card or use at an ATM or pay like cash. However, the funds come from your bank account the only difference is the PayPal Business Debit Mastercard uses your PayPal account balance. Also, the PayPal Business Debit card is only available in the U.S. But it can be use overseas which for additional foreign transaction fees. Which you need to go through the agreement with the PayPal Business debit cardholder. The platform doesn’t require an annual fee, credit check all are just instant access to your money means fast cash flow.
How do I get The card?
the application process for the card is very easy and straightforward which before you apply you need to create an active PayPal account. However, the card is very popular because it can be use for checkout in stores as well as through online retailers. Also, if you have a verified PayPal business account without any holds or restrictions. Then you are qualified for the PayPal business debit card. You can also link your PayPal account directly to your bank account to allocate capital wherever it’s available. Here are a few steps on how to get the PayPal business debit card;
- Launch any web browser on your mobile phone or PC.
- Go to www.paypal.com/us/ At the homepage of the page clicks the blue button that says Request Your Debit Card.
- Then you will be asking for some standard financial information. Which will also have an option to enroll in the cashback program.
- Then finally apply and wait for your card to arrive for activation.
One of the most popular features of the PayPal Business Debit Card is that there is no annual fee but there are still some fees that may apply to certain users. However, these fees will be specified in the cardholder agreement.