What Exactly Is PayPal Key? How to Use It Anywhere for Payments
PayPal is a popular way to transfer money to pals, make online purchases, and even receive payments. The service is quick and simple to set up, and it is one of the safest payment options on the market today. Unfortunately, not every online business (or even physical store) takes PayPal. You may, however, buy from any online shop that takes MasterCard using PayPal’s new PayPal Key tool.
PayPal Key is a virtual card that functions similarly to a debit card, except that it is tied to your PayPal account. As a result, you don’t need to add another card to your wallet.
PayPal Key: The Virtual Card for Using PayPal
PayPal Key allows you to pay for purchases from any shop that takes MasterCard, regardless of whether they accept PayPal.
The “key” in PayPal Key is a 16-digit numeric code that you input, similar to a credit or debit card number. It also has a security code and an expiry date.
PayPal Key may be used everywhere MasterCard is accepted. While using PayPal Key online is the biggest advantage, you can always input your 16-digit card number at any physical location to make a transaction.
Where Can You Use PayPal Key?
PayPal Key is currently only offered to clients in the United States. However, US users may use PayPal Key when traveling overseas as long as the shop accepts MasterCard.
Within the United States, there are no costs to sign up for or use a PayPal Key. However, there is a 1.1% transaction charge if you make a transaction with a non-US merchant.
Are There Any Fees Involved?
Are you prepared to conduct online transactions using PayPal and PayPal Key? If this is the case, you must first get your own PayPal Key from your account. To begin, follow these steps:
How to Get Your Own PayPal Key
You’re ready to go after you’ve obtained your 16-digit key. So, let’s get to the fun part: figuring out how to make transactions using your PayPal Key.
- Access your PayPal account.
- Depending on whether you’re using a phone or a computer, you should see the PayPal Key symbol at the top of your screen or a link elsewhere. However, if you can’t locate it, click on this PayPal link.
- Select the payment method for funding your PayPal Key.
- To finish, click Agree & Get Your Key.
It’s time to make your first transaction after registering for your PayPal Key. We’ll use Amazon in this example since the merchant presently does not accept PayPal as a typical payment option.
How to Use PayPal Key to Make Purchases
First, the enjoyable part. Fill your cart to the brim! Then, to utilize PayPal Key, complete these steps:
This procedure will most likely be the same for any other online merchant. Simply input your PayPal Key anywhere a credit or debit card number is required. It’s easy, safe, and only takes a few seconds.
- Go to your shopping basket and click the Proceed to checkout button.
- When prompted for a payment method, choose Add a credit or debit card.
- Open the PayPal mobile app or your browser to access your PayPal Key. You may access it through your Home page or the PayPal Key symbol at the top of your screen.
- In the Card number area, enter your 16-digit PayPal Key number.
- Fill in your card’s name and the expiration date for your PayPal Key.
- Insert the card and then proceed with your transaction.
PayPal Key may be a good option if you want a secure and convenient alternative to regular payment cards. Simply establish a free PayPal account, get your 16-digit key, and begin buying as you would with a credit or debit card.
PayPal Key Lets You Shop Anywhere You Like
If you’re looking for a safe and simple alternative to traditional payment cards, PayPal Key might be a great choice for you. All you have to do is open a free PayPal account, grab your 16-digit key, and start shopping just like you would with a credit or debit card.
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