What payment methods can I use with PayPal? (2024)

You can add money to your PayPal account balance from your bank account. It takes approximately 3 to 5 business days for the money to post to your account.

You don’t need to have money in your PayPal account to send a payment. You can send money directly from a bank account, a credit card or a debit card.

You can use any of these methods to send payments:

PayPal account balance

  • Your PayPal account balance is the first payment method that we use when you make a payment.


Instant Bank Transfer

  • With an instant transfer, you send money instantly from your bank account.
  • To make an Instant Transfer, you need to have a credit card and a bank account linked to your PayPal account.
  • Your payment occurs immediately.


ECheque

  • With an eCheque, you send money in 3 to 5 business days from your bank account.
  • An eCheque is like writing a cheque, only you send it electronically.
  • The money is deducted from your bank account immediately.


Credit or debit card

  • You can pay with a credit or debit card if you don’t have enough money in your PayPal account balance.
  • Your payment occurs immediately.

Here'show to change your preferred payment method:

  1. Click Wallet.
  2. Click the preferred paymentmethod.
  3. Click Set as preferred.

Please note that you need to add a payment method (such as a card) to your PayPal account before you can select it as a preferred way to pay.

Changing your preferred payment method won’t affect automatic payments. You can update your payment preference directly on the automatic payment.

What payment methods can I use with PayPal? (2024)

FAQs

What payment methods can I use with PayPal? ›

You don't need to have money in your PayPal

PayPal
How to receive money on my account with PayPal? To accept the money, you must open an account with PayPal and confirm your email address. After that, you can receive money when someone pays to your email address or mobile number. You'll receive a message through the app letting you know you have money available.
https://www.paypal.com › send-receive-money › request-money
account to send a payment. You can send money directly from a credit card, or a debit card. Your PayPal account balance is the first payment method that we use when you make a payment.

What are alternate payment methods for PayPal? ›

Top PayPal Alternatives for Digital Payments
  • Google Pay.
  • Skrill.
  • Tipalti.
  • Payoneer.
  • Square.
  • Stripe.
  • Venmo.

What bills can I pay with PayPal? ›

What kind of bills might you need to pay?
  • Utility bills, like electric or gas bill payments.
  • Rent or mortgage payments.
  • Insurance premiums.
  • Credit card bills.
  • Phone and internet bills.
  • Subscription services.
  • Taxes.
  • Medical bills.
Jun 29, 2023

What happens if I don't have enough money in my PayPal account? ›

While your account balance is negative, any payments you receive in your PayPal account will be applied to the outstanding balance, and any refunds you attempt will be funded by your primary bank. If you don't resolve the negative balance within 120 days, your account will be locked, and you won't be able to log in.

Can I use PayPal without a bank account? ›

Do You Need a Bank Account for PayPal? No, you don't need a bank account to sign up for PayPal or to receive payments. You can, however, connect your PayPal account to a bank account, a debit card or a credit card account for sending and receiving payments and transferring funds.

Can I add PayPal to Apple Pay? ›

You can't link your PayPal account or card to Apple Pay. But you can access simple, low cost payments using Apple Pay, if you use a Wise multi-currency account and Mastercard instead. If you're spending overseas, or shopping online with retailers based abroad, this may also save you money compared to PayPal.

Can you use multiple forms of payment on PayPal? ›

A common way to use two cards for one purchase online is via payment providers such as PayPal. These providers may offer the ability to split payments when using them at checkout — meaning a shopper would need to select the payment provider and make the choice to split the payment via the provider's checkout portal.

What are the two types of PayPal? ›

We offer two types of accounts to meet all of your needs, Personal or Business accounts. If you just need to make purchases and send money to family and friends, a Personal account is probably for you. We recommend Business accounts for online merchants who operate under a company or group name.

What are the alternative methods of payment? ›

Alternative methods of payment are means of making a payment other than cash. Alternative methods of payment (AMOP) include payments made using a credit or debit card, loyalty program points, cryptocurrencies like bitcoin or digital wallets like Google Pay or Apple Pay.

How to pay with PayPal without a card? ›

Start paying with your bank account in just a few steps.

Register at tPago and connect your local bank account and your PayPal account. Transfer your funds to your PayPal account through tPago. Get out there and discover endless possibilities for your purchases!

Can I pay for gas with PayPal? ›

What payment methods can I use when paying for fuel on my phone via Pay at Pump? You can use PayPal, Apple Pay, Google Pay, Visa Checkout and you can add Visa and Mastercard debit/credit cards directly to the app.

How to pay with PayPal in store without card? ›

Use a QR Code or One Touch

For the QR code, the store generates a code that you scan using the PayPal app to make a payment. All you have to do is select the 'Pay in Store' option on the PayPal app and select the 'Pay with QR Code' option.

How do you overdraft your PayPal account? ›

No, you cannot directly overdraft your PayPal account. PayPal does not offer an overdraft protection feature, meaning you cannot spend more money than you have available in your PayPal balance. If you attempt to make a purchase that exceeds your available balance, the transaction will be declined.

What is the minimum balance required for PayPal account? ›

There's no minimum deposit or balance, which is good to know. The account pays interest on your balance, paid straight into the PayPal Savings account. And you can set up goals, to help track your progress if you're saving for something specific.

What is the minimum amount PayPal will process? ›

Normal PayPal accounts have a minimum transaction amount of $0.01 and a maximum transaction amount of $4,000.

Can I pay with PayPal without a card or bank? ›

PayPal doesn't require a credit card. If it is your preference not to use a credit card, you can still take advantage of all of PayPal's features by linking to a bank account.

What debit cards can I use with PayPal? ›

Check cards or debit cards with either a Visa or Mastercard® logo are supported and treated just like a credit card. Card types that are currently incompatible with PayPal Merchant Services are: Procurement and private label credit cards (such as a department store credit card).

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