You Can Use Your Credit Card Through PayPal, But Should You? (2024)

FAQs

Is it safe to use credit card with PayPal? ›

We keep all your information secure. For example, when you use PayPal to send a payment, the recipient doesn't receive sensitive financial details like your credit card or bank account number. You don't have to worry about paying someone online.

Your card is associated with a specific PayPal account, and you're not logging in with that particular account. Your card was associated with a PayPal account that has since been closed. You've linked the card to a PayPal account, but have not yet confirmed it. You've exceeded your card limit with the PayPal system.

PayPal's end-to-end encryption, two-factor authentication and other security features can help protect your card information. But if you're looking for a way to send money from your credit card, PayPal may not be the best option.

Adding a credit or debit card not only saves the hassle of looking for payment details each time you shop, it also better guards your data as you no longer have to type in your financial information on the different websites you check out on.

While you can send money through the platform with $0 transaction fees to friends and family from your bank or PayPal balance, you'll pay 2.9% per transaction when you use your credit card. This transaction fee can add up quickly.

We don't reveal your financial information to sellers. And if something goes wrong with an order and your transaction qualifies for Buyer Protection, we'll reimburse you for the full purchase price plus any original shipping costs.

It's generally safe to enter a debit card number and CVV online on reputable and trustworthy websites. However, it's good practice to exercise caution when online shopping — there's always a risk of financial information being compromised.

PayPal Credit might not be available for all purchases.

Depending on the circ*mstances of each purchase, sometimes you could be restricted from using your credit limit even if the seller accepts PayPal Credit. Please try to complete your purchase using another available payment method.

If they choose to pay with a credit or debit card, PayPal will process credit card payments too. Customers simply enter their credit card details and click Pay to authorize payment. This encrypts and transmits the information to PayPal, which we then use to authorize the payment with the issuing bank.

As PayPal transactions need only a login and password, you don't expose your financial information, such as credit card numbers. It's an additional layer of protection for you.

Can people see your credit card info on PayPal? ›

Add your bank or cards

Your log-in credentials are never stored or shared with anyone. Both your bank account info and the info for any debit or credit cards you've linked is encrypted and securely stored in your PayPal wallet.

It is safe to link PayPal to your bank account or debit card, but, for insurance reasons, it's usually better to use a credit card when making online purchases. Linking your bank account could put you at high risk if someone gets into your account.

PayPal and credit cards both offer protection when shopping online. PayPal protects shoppers if items go missing or arrive damaged. Using PayPal or a credit card is safer than using your debit card. It's still important to keep your PayPal account secure.

Once you're approved, PayPal Credit will impact your credit score like any other credit card. This means that your credit utilisation ratio, payment history, and more will be reported to credit reference agencies.

Here are the most common reasons: Your card details are outdated. Make sure the card isn't expired or closed, and the billing address on your PayPal account matches the one on your card statement. The payment might exceed your available credit.

As you might have guessed, not all PayPal products will affect your credit. The standard purchasing tools and peer-to-peer payments do not impact your credit score. Of course, payments made with another credit card through the PayPal platform can impact your score just as any other credit card purchase would.

Yes, PayPal is a secure and trustworthy platform. It uses end-to-end encryption and two-factor authentication to secure transactions. PayPal even monitors transactions around the clock. You shouldn't be afraid to use PayPal, but you should always ensure you're using the real site or app.

The vault stores an encrypted token in place of the customer's payment information, helping to keep that information secure from hacking and data breaches. Many payment vaults support and store several types of payment methods, such as credit and debit cards, and digital wallet information.