Online shoppers who like to use eBay’s (NASDAQ:EBAY) PayPal service, but don’t appetite to alteration money from their coffer accounts now accept a new allotment option.
PayPal has apparent prepaid cash-loading cards that admittance users to acquirement cards acclaimed at specific dollar amounts at assorted retailers and again alteration the banknote amount of the cards to their PayPal accounts, TechCrunch notes.
Starting on Monday, PayPal My Banknote Cards will be awash at 30,000 retail outlets nationwide. Retailers including Dollar General (NYSE:DG), Family Dollar (NYSE:FDO), CVS (NYSE:CVS) and Rite Aid (NYSE:RAD) will backpack the cards, which backpack banknote ethics of $20. $50, $100 and alike college amounts.
After purchasing the cards, users log into PayPal’s website and alteration the banknote amount of the cards to their accounts through PIN numbers amid on the cards. The money can be acclimated at any online banker that accepts PayPal.
The aggregation says it hopes to accept the banknote cards accessible for auction at 60,000 retail locations aing year.
Last month, PayPal appear a price-matching account that it will balance users of its account who pay up to $250 for an item, but later locate it at a lower price.
Shares of eBay rose about 1% in Monday morning trading.
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