Apart from being a good replacement for actual gift items a gift card is also a means of payment. There are prepaid cards that can be used to pay for items online or in physical stores. However, you can use your gift card on PayPal as a payment method.
What is PayPal?
Without financial service companies like PayPal sending money online across continents would have been a myth. Businessmen and women would have to travel every time they had to transact business. Apart from the distance “wahala”
PayPal is a financial service company that provides a safe platform for its customers to pay and receive money online.
How Does PayPal Work?
To send or receive money on this platform you need to have an account with a credit card linked to it. The receiver’s email address is the only information the sender needs. Using the SEND AND REQUEST MONEY option you can transfer money as directed on the platform.
So, now that you understand how PayPal works let’s explore the connection between gift cards and PayPal.
How to Pay with Gift Card on PayPal
In a situation where you haven’t used your gift card to get a gift or sold it on a platform with good rates, it is possible to add the balance on your PayPal account thanks to the fact that there are credit card brands on the platform that are payment options and they also issue gift cards. Visa, Mastercard, American Express, etc are all brands that issue gift cards and are accepted payment options on the platform.
5 Steps to Adding your Gift Card balance on Paypal
- Log into your Paypal Wallet
- Click on the `LINK A DEBIT OR CREDIT CARD option.
- You might be asked to choose between link manually or pay through a bank pick PAY MANUALLY.
- Fill in the gift card code
- Click LINK CARD.
In case you encounter an error trying to do this, it could be because the platform can not recognize the user. This can be due to the fact that gift cards unlike credit and debit cards do not have personal identifiers. This means there is no customer name registered with the card, just the code number.
What you will do in situations like this is to register your card. Read the information on the card, you will see a link that would lead you to a website where you can register the card.