How to Use PayPal Credit Explained in 2 Minutes

PayPal is an online payment system that helps with any online transactions that involve receiving and sending money through its safe and secure channel.

By linking your bank account, debit card, and credit card with your PayPal account, you can make any online purchases with PayPal at stores that accept PayPal transactions. This financial service mediates between your bank and merchants by keeping your payment information and transactions secure.

PayPal also allows you to send money to family and friends (PayPal Family and Friends) and receive money from other people.

How to Create a PayPal Account

You can create a PayPal account using the steps below:

• Go to paypal.com or download the PayPal app from the App Store or Google Play.

• Click the blue “Sign Up” button.

• Select “Personal Account.”

• Add your preferred phone number, and you’ll get a text with a security code to enter on the next screen.

• Input your legal first and last name, email address, and a secure password.

• Then, enter your mailing address and agree to PayPal’s privacy policy. This will create your account.

• Finally, add a credit card, debit card, or bank account to your PayPal account.

What Is PayPal Credit?

PayPal Credit is a virtual credit card that can only be used for online transactions on websites or merchant stores that accept PayPal. It works exactly the way a traditional credit card works. To use this, simply use PayPal to checkout and select PayPal Credit as your preferred payment method, or apply for it immediately.

How to Apply for PayPal Credit

You can apply for PayPal Credit online within a minute; all you need to do is follow these few steps.

• Log into your PayPal account and click “Apply” for PayPal Credit

• Enter your personal information, including date of birth and SSN

• Confirm that everything you filled in is correct

• After this, your account will be verified instantly, and you’ll get a decision

• If approved, you can start to shop with PayPal Credit immediately.

How to Use PayPal Credit for Online Shopping

You can use PayPal Credit for online transactions on any online platform or merchant store that accepts PayPal transactions.

To get started, you have to select "PayPal Credit" as your preferred payment method when you checkout using the PayPal portal.

You can also set PayPal Credit as your default payment method instead of using your debit card or bank account.

How to Make a PayPal Credit Card Payment Using App

With the PayPal mobile app, you can pay your bill with a few simple steps:

• Tap “Manage PayPal Credit” in the PayPal app.

• Tap “Make a Payment.”

• Choose the amount of your payment.

• Select a funding source for your payment.

• Choose your payment date.

• Tap “Pay.”

Frequently Asked Questions (FAQs)

Can You Use a Credit Card on PayPal

Yes, PayPal allows users to make payments through different methods, including PayPal balance, a bank account, PayPal Credit, debit or credit cards, and rewards balance. 

Does PayPal Have a Credit Card?

PayPal Business Cashback Mastercard credit card gives businesses purchasing power while earning unlimited 3% cash back on all PayPal purchases and 2% cash back on everything else.

Is PayPal Credit a Credit Card?

PayPal Credit is like a credit card, without the plastic. It's a credit limit that's attached to your PayPal account, which you can use for your online purchases. 

How to Use PayPal Credit Without a Card

How to use PayPal without a credit card? You don't need to have a credit card to use PayPal. You can use your PayPal account with a bank account or a checking account. 

Do You Need a Credit Card for PayPal?

You don't need a credit card to use PayPal. As long as you have a bank account, you can set up a PayPal account without a credit card or debit card.