PayPal Introduces Cash Loading Card, PayPal My Cash Card


Updated on Thu Dec 13, 2012

PayPal announced it will launch the My Cash Card, a card that allows customers to buy prepaid cards at pharmacies and discount stores and then load the cash to their PayPal accounts.

Users buy cards worth varying dollar amounts, and then on the back of each prepaid card is a PIN number that can be used to add funds directly into customers’ PayPal accounts.

PayPal’s Patrick Gauthier states that “Many of our 117 million users have told us that they love using their PayPal accounts online, with mobile devices and in store locations, but are looking for additional options to keep it funded. The PayPal My Cash Card is perfect for consumers who prefer to use cash – but want flexibility to spend their money however they want to spend it.”


Post a Comment