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Thread: How to set up a Paypal account with a PRE-PAID credit card

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    Thumbs up How to set up a Paypal account with a PRE-PAID credit card

    Hey Guys,

    For those who don't know you can buy hours with a Paypal account. I'm not going to lie, it is a hassle to set up a paypal with a pre-paid card. I'm aiming this guide for kids who don't have a bank account. I'm still in the verification process - i will post how it turns out.

    Using Visa or American Express Gift Cards on PayPal

    One of the most popular gift card questions online is whether one can link prepaid gift cards like the Visa gift card to a PayPal account. The short answer is Yes and No.

    Now, the long answer: Yes, it is possible to link a prepaid gift card like the Visa or American Express gift card to a PayPal account but for this to happen, you need to pray and hope that PayPal does not require you to go through their Expanded Use verification process. To better understand why, you first need to be familiar with the process for linking a credit card to a PayPal account. When you link your credit card to a PayPal account, PayPal will attempt to confirm your address with your credit card company. If the credit card company is not able to confirm your address, then you may be asked by PayPal to complete their Expanded Use enrollment process in order to activate your credit card.

    Expanded Use verification means PayPal will charge your credit card a small about. Next to the charge will be a unique, randomly generated 4-digit Expanded Use code. If you have online access to your credit card activity, the charge and code will appear on your card activity in approximately 2-4 business days. If you do not have online access, you must wait until you receive your statement in the mail to get the 4-digit code. If you are adding a debit card to your PayPal account, your 4-digit Expanded Use code will be printed on your bank statement next to the charge.

    Once you get the 4-digit code, you have to return to your PayPal account to enter the code per instructions from PayPal. Once completed, and PayPal confirms that you entered the correct code, you will now be able to use the card for PayPal transactions. The Expanded Use verification process is designed to protect you against fraud by verifying that the person attempting to use the credit card actually owns the card. PayPal will later credit the amount charged to your card to your PayPal account.

    Now, here lies the problem with using prepaid or bank issued gift cards. If PayPal is unable to verify your address with the gift card issuer, then you may be asked to go through the Expanded Use process. Since most prepaid gift cards do not issue monthly statements or provide online access to gift card transactions, it will be impossible to complete the Expanded Use process. Also, it is not a good idea to call the credit card or gift card issuer to get the 4-digit Expanded Use code. If PayPal receives a complaint from your card issuer that you called them to get the 4-digit code, PayPal will close your account permanently.

    So, the first step to attempting to use a prepaid gift card on PayPal is to make sure the name and address (billing address) on your PayPal account matches the name and address on file with the gift card issuer. If you just purchased your prepaid gift card, call the card issuer and add your name and address to the card. If your information (name and address) has changed since you registered your card, call the card issuer or go online and update your information before you use the card on PayPal.

    Once this is done, you just have to hope that PayPal is able to successfully verify your address with the gift card issuer. If they are able to verify your address, then you are all set. If they cannot verify your address with the card issuer, then you probably will not be able to use that gift card on PayPal.

    Good luck and tell me what you think.
    i bots .

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    What I meant to say here is if I find an easier way to do this i'll let you know

    GREAT GUIDE THOUGH!
    a lot of people will find this useful.
    Last edited by Ethan; 08-10-2010 at 03:54 AM.

    Made By: TheInspiredOne

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    The same with a Wal-mart Card, it's a Visa debit.
    Just buy one, put $20 on it, get one your parents to verify it..Done and done, it comes with it's own bank account.

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    Quote Originally Posted by codylegend View Post
    The same with a Wal-mart Card, it's a Visa debit.
    Just buy one, put $20 on it, get one your parents to verify it..Done and done, it comes with it's own bank account.
    Good input I gotta check into this as well.

    Made By: TheInspiredOne

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    Good guide, this will be helpful to a lot of people. Those who don't have access or aren't aloud to set up a PayPal account (with a credit card or bank account) have this alternative.

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