elgato
Joined: 24 Feb 2005
Posts: 16923
Location: Texas
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| Posted: Thu Oct 08, 2009 4:43 pm Post subject: PayPal Lets Shoppers Fund Accounts with Cash |
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Consumers can now load money directly into their PayPal accounts using Green Dot's MoneyPak, which consumers can purchase with cash at a retail store. This will enable people to shop anywhere PayPal is accepted without the need for a bank account or credit card.
MoneyPak is available at more than 40,000 stores nationwide, such as Walmart, CVS/pharmacy, Kmart, Rite Aid and Walgreens. MoneyPak is fully integrated into PayPal's site, allowing money to be added directly, without needing to link to any personal financial accounts.
"This relationship is transformative," said Green Dot Corporation founder and CEO Steve Streit. "It creates a cash-based solution for millions of people who want to use PayPal to shop online, but don't have a credit card or bank account."
more.. link to news article |
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