Consumers can now load money directly into their PayPal accounts using Green Dot's MoneyPak, which consumers can purchase with cash at a retail store. This will enable people to shop anywhere PayPal is accepted without the need for a bank account or credit card.
MoneyPak is available at more than 40,000 stores nationwide, such as Walmart, CVS/pharmacy, Kmart, Rite Aid and Walgreens. MoneyPak is fully integrated into PayPal's site, allowing money to be added directly, without needing to link to any personal financial accounts.
"This relationship is transformative," said Green Dot Corporation founder and CEO Steve Streit. "It creates a cash-based solution for millions of people who want to use PayPal to shop online, but don't have a credit card or bank account."
In addition to funding a PayPal account, MoneyPak enables people to reload prepaid cards, make cash payments, pay bills and fund other accounts. MoneyPak is powered by Green Dot's cash acceptance network, and costs $4.95 or less.
You may quote up to 50 words of any article on the condition that you attribute the article to
EcommerceBytes.com and either link to the original article or to www.EcommerceBytes.com. All other use is prohibited.
Have a question about buying or selling online? Want to get marketing or technical advice? AuctionBytes Discussion Forums are the place to come to get answers to your questions and get advice! Great tips - a refreshing change!
Consumers can now load money directly into their PayPal accounts using Green Dot's 