Banking

Paypal Card Activation: PayPal Business Debit Mastercard | Cash Card

It is now possible to link your PayPal account to a debit card. This is what’s known as the PayPal Business Debit MasterCard or PayPal Cash Card. The card is mostly given to people who own businesses. It is not possible to use this card before you activate it. Once the card is activated and is working properly, you will be able to use it for any of the following:

  • Get instant access to your PayPal account in the US.
  • Check the account balance or make withdrawals from your PayPal account through Maestro or Cirrus ATMs.
  • Make payments directly from your PayPal account anywhere there is a MasterCard or Visa logo.
  • Get 1 percent cash back on certain purchases as long as you have signed up for a cash back program.
  • Be assured of protection from unauthorized payments from your PayPal account in line with the MasterCard Zero Liability program.

Once your application for a PayPal Business Debit MasterCard or Cash Card has been approved, you will have to wait for between 7 to 10 business days to get it in the mail. After that, you will need to go through the PayPal Card Activation process.

Source: paypal.com

How to Activate a PayPal Business Debit MasterCard?

Step 1: After logging into your account, you need to click on ‘Profile’ and then ‘Profile and Settings’.

Step 2: Click on ‘My Money’.

Step 3: Click on ‘Update’.

Step 4: Select the card you need to activate and click on ‘Activate Now’.

Step 5: Enter the card number, expiration date, ‘CSV number’, social security number, and date of birth. Follow it up by clicking ‘Activate Debit Card’.

You will receive a notification to the effect that your card has been activated and is ready for use.

Alternatively, you may activate your debit card by phone. Simply dial 1-800-314-8298 and go through the steps to get the card activated.

How to Activate a PayPal Cash Card?

You have the option of activating your card online or by calling the number 1-800-314-8298. If you choose the telephone activation option, you will be provided with a step-by-step guide. The following are the steps involved in the online PayPal Card Activation.

Step 1: Go to the URL www.paypal.com/activatecard.

Step 2: After logging into your account, click on ‘Activate PayPal Cash Card’.

Step 3: Enter information such as the card number, CSV number, expiration date, date of birth, and social security number. Follow it up by clicking ‘Activate Debit Card’.

You will receive a notification to the effect that your card has been activated and is ready for use.

Bottom Line

The PayPal Card Activation process is simple and easy. It should not take you a long time to complete. Once you have completed the activation process, it is important that you sign the card on the back. What that means is that you are free to use the card to make all sorts of transactions.






 

Myrtle Knox

Myrtle Knox is an award-winning reporter, editor, and writer. Her stories about banking, credit cards, insurance, economics, small business, and other subjects have been featured by the Los Angeles Times, Washington Post, Bankrate, Credit Karma, Bookmarks Magazine, FOX Business, CNBC, Yahoo! Finance, and dozens of major U.S. newspapers. Her articles have been cited in seven nonfiction books and two U.S. Congressional hearings. She edits nonfiction, memoir, and fiction, and contributes to Kirkus Reviews. Marcie holds a bachelor’s degree in English from UCLA and MBA from Pepperdine University.

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