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Can You Add Money From A Prepaid Card To Paypal

PayPal Usage Diagram

If your prepaid card has account and routing numbers that support ACH transfers (similar FamZoo cards do), you lot can link it to PayPal just like a typical bank checking account.

Why is that useful? Yous can:

  • Pay for items using PayPal and have the funds drawn from your prepaid bill of fare. Paying with PayPal can be more secure and flexible than paying with your bill of fare directly. As well, some merchants don't accept prepaid cards for payment.
  • Movement funds between PayPal and your prepaid card. You can load your carte du jour with funds sitting in your PayPal account, or you can pull funds off your bill of fare into your PayPal account.
  • Move funds betwixt your checking account and your prepaid bill of fare. If you also link your checking account to PayPal, you tin can use PayPal every bit a connecting hub for coin movement between your checking account and your card. This is useful when your bank or credit union does not support gratis direct transfers between your checking account and your prepaid card.
  • Send and receive payments from friends using your prepaid card as the source or destination of funds. You tin can designate your card as the source of funds when sending coin to a friend. Or, when yous receive a payment, you can motion the funds from PayPal to your carte.

Linking Your Card To PayPal

The first footstep to using your prepaid card with PayPal is to link your card equally a banking concern checking account. Hither are the steps:

  1. Sign into your PayPal account.
  2. Click on Wallet at the top of the page.
  3. Click on Link a banking company account. (Do non click on Link a debit or credit carte du jour.)
  4. Search for a nonexistent bank proper noun — something lightheaded similar "foo banking concern" — because we desire to add the depository financial institution manually.
  5. Click on Enter Your Depository financial institution Details when the search box indicates it tin can't find the depository financial institution.
  6. Select Checking.
  7. Enter the routing number and account number associated with your prepaid carte. For FamZoo cards, see here.
  8. Click Agree and Link.
  9. Click Request Deposits. (Do not click on Ostend instantly instead. Instant confirmation requires existence able to sign into a personal account at the bank associated with the card's routing number. That isn't possible for prepaid cards with centralized bank transfer handling.)

At this bespeak, PayPal initiates a first-time only security dance. After a couple days, two small deposits will appear on your card followed by one withdrawal of the combined amount. If you plow on menu activity alerts, you'll know as soon as they're delivered.

Note the amounts of the 2 deposits, and complete the linkage to PayPal as follows:

  1. Sign into your PayPal account.
  2. Click on Wallet at the top of the page.
  3. Click on the depository financial institution entry respective to your carte.
  4. Click on Confirm depository financial institution.
  5. Click on Enter random deposits. (Do not choose Ostend instantly.)
  6. Enter the ii small amounts that PayPal deposited on your bill of fare, and click Confirm.

With the linkage to your card confirmed, you can perform any of the operations beneath.

Y'all tin can besides link your FamZoo carte every bit a debit card (instead of a bank business relationship) for making purchases and performing instant transfers.

Make Purchases On Your Card Through PayPal

Making purchases with your linked prepaid menu through PayPal is useful when:

  1. You don't want to enter your prepaid card information on a site. You may have security concerns about the site, or you may just wish to avoid having to update billing info in multiple places in the future when your card expires or is replaced.
  2. You need to pay a merchant who doesn't accept your prepaid carte directly but does accept PayPal. Equally a classic case, my older kids have used this workaround effectively for Uber.

If your card is the just payment method listed on the PayPal Wallet folio, and yous don't conduct a balance in PayPal, your card volition be the source of funds when making purchases.

If you have multiple payment methods linked, yous may desire to set your card as your preferred payment method. To do so, click on your menu on the Wallet folio, and click on Make this preferred when paying online.

Load Your Card From Your PayPal Remainder

If you lot have money sitting in your PayPal account, you can load funds onto your linked prepaid card for free as follows:

  1. Sign into PayPal.
  2. Link your prepaid card every bit a bank account if y'all have not already.
  3. Click on Wallet at the top of the folio.
  4. Click on Transfer Coin.
  5. Click on Move coin out.
  6. Specify the amount, select your linked card business relationship as the destination, and complete the transfer.

The coin should arrive on your card within 1 to 3 business days.

You must open a PayPal Cash or PayPal Cash Plus account before you tin can accumulate funds in your PayPal wallet. If your Payal Remainder and a Transfer Money link are not visible when signing into PayPal, please watch this video to ready your PayPal Greenbacks account.

If you want to perform an instant load for a fee instead, see here.

Motility Money Off Your Card To Your PayPal Balance

You tin move money sitting on your linked prepaid carte into your PayPal account as follows:

  1. Sign into PayPal.
  2. Link your prepaid bill of fare as a banking concern account if you have non already.
  3. Click on Wallet at the superlative of the page.
  4. Click on Transfer Money.
  5. Click on Add money online.
  6. Select your linked carte du jour account as the source of funds, fill up in the amount, and complete the transfer.

The money should arrive in your PayPal account within 1 to iii business organisation days.

Load Your Menu From Your Checking Business relationship

In virtually cases, the best manner to load your prepaid menu from your checking business relationship is with a direct transfer from your bank or credit union's online cyberbanking. However, some institutions nonetheless charge a fee for ACH transfers. If you're willing to wait twice as long and bargain with a two-stride performance, you can avoid that fee by using PayPal equally a middleman. Here's how:

  1. Link your checking account to PayPal using the aforementioned steps you used to link your prepaid bill of fare above. Merely use the routing and account numbers for your checking account instead of your prepaid card.
  2. Motion coin from your checking account into PayPal using the same steps you employ to move money from your prepaid bill of fare into PayPal. Just choice your checking account as the source of funds instead of your prepaid menu.
  3. When the funds arrive into PayPal, load them onto your card every bit described to a higher place.

Move Money Off Your Bill of fare To Your Checking Account

This is but the inverse of the previous recipe.

  1. Link your checking account to PayPal.
  2. Move money from your prepaid carte du jour into PayPal using the the steps here.
  3. When the funds get in into PayPal, move coin from your PayPal balance into your checking business relationship using the same steps you utilise to move money from PayPal to your prepaid card. Merely pick your checking account equally the destination of funds instead of your prepaid carte.

Transport Money From Your Card To A Friend

You lot can ship funds on your linked prepaid carte to a friend through PayPal as follows:

  1. Click Send & Asking at the top of the page.
  2. Pick the appropriate Send to... selection
  3. Enter the recipients electronic mail accost or mobile number.
  4. Enter the amount.
  5. Select your linked card as the payment source and consummate payment.

Receive Money To Your Bill of fare From A Friend

Tell friends to transport you lot money via PayPal using your email address, mobile phone, or PayPal.Me link.

When the money arrives in your PayPal account, follow the steps hither to movement the coin from your PayPal balance to your linked prepaid card.

Source: https://blog.famzoo.com/2017/09/how-to-use-your-prepaid-card-with-paypal.html

Posted by: ramirezcating1942.blogspot.com

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