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sammyc
Joined: 09 Dec 2005
Posts: 1668
Location: Scottish Borders
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 Posted: Sat Apr 29, 2006 3:28 am Post subject: PAYPAL Credit Card. |
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Has anyone else noticed this on their paypal website?
Without sounding like too much of a collectomaniac - the credit card looks kind of cool doesn't it?
So how does it work? I think it would be really cool if it just debited the balance on your paypal account, but I expect this isn't the case.
It would certainly be handy for me because I leave about $2000 in my paypal account for trading.
ALSO.. If I needed the money from my paypal account quick - all companies accept credit cards - They would look at you a bit oddly if you asked if they would accept paypal. 
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gshv
Joined: 01 Feb 2003
Posts: 7898
Location: Fairfax, VA USA
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| Posted: Sat Apr 29, 2006 10:33 am Post subject: |
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I think it works like a standard credit card. If you want to use money from your PayPal account you can get PayPal debit card. I have one, but I don't use it much. There should be a link "ATM/debit card" on the bottom of every PayPal page.
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CPUShack
Joined: 16 Jun 2003
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Location: State of Jefferson, USA
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sammyc
Joined: 09 Dec 2005
Posts: 1668
Location: Scottish Borders
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| Posted: Sat Apr 29, 2006 12:47 pm Post subject: |
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REALLY 
Wow, thanks for telling me, I shall enquire into this. Does anyone in the UK have any more info on this?
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metalmaker
Joined: 06 Dec 2004
Posts: 161
Location: St. Louis, MO, USA
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| Posted: Sun Apr 30, 2006 10:09 am Post subject: |
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My concern would be that if Paypal owns the CC how will they handle chargebacks? If you pay through paypal w/ non-paypal CC you can chargeback even if paypal does not want to, taking to long etc. Extra level of buyer safety. Will paypal let you charge back against their own card if they disagree with you?
Cashback deal sounds sweet on debit card.
MM
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fRaSsL
Joined: 31 Mar 2003
Posts: 1570
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| Posted: Sun Apr 30, 2006 11:52 am Post subject: |
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That's the point! No trust for a company acting with arbitrariness! Paypal would be the last company I would choose for a credit card...
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sammyc
Joined: 09 Dec 2005
Posts: 1668
Location: Scottish Borders
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| Posted: Sun Apr 30, 2006 11:58 am Post subject: |
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| fRaSsL wrote: | | That's the point! No trust for a company acting with arbitrariness! Paypal would be the last company I would choose for a credit card... |
I strongly agree - Iwas hoping the credit card had some link to the balance on the account.
However - the debit card which has been mentioned is an excellent idea.
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