What's the difference between PayPal and Visa?

Question

You can get a PayPal Cashback Credit Card by applying for one online, but you need at least good credit to qualify for approval. The issuer will also take into account your income, debt and number of open accounts, among various other factors when considering your application.

Here’s how to get a PayPal Cashback Credit Card:

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Visit the PayPal Cashback Credit Card’s webpage.

Click on “Start Credit Card Application.”

Log in to your PayPal account to access the application.

Fill out and submit the application, making sure all your personal information is correct.

Wait for a decision. You could be approved instantly, or it might take up to 30 days.

Keep in mind that you don’t need a PayPal Cashback Credit Card to use a credit card on PayPal. For example, the PayPal Cashback Credit Card doesn’t offer a 0% introductory APR, so it’s not ideal for financing. You might benefit more from a card like the Wells Fargo Active Cash® Card that awards cardholders with 2% cash rewards on all purchases. This card also offers a 0% intro APR on purchases for 15 months from account opening (19.49% - 29.49% Variable regular APR).

All in all, the PayPal Cashback Credit Card has very decent rewards. But the best credit cards for online shopping on the market can give you much more.

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Answer 1 · 2021-04-13 09:45:57

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Cameron DiGiovanni, Writer

@cdigiovanni20 • 04/13/21 This answer was first published on 04/13/21. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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The biggest differences between PayPal and Visa are their roles in the payment process as well as where and how they are used. While PayPal is an online service that secures virtual payments using end-to-end encryption, Visa is a card network that facilitates transactions by connecting consumers, banks, and merchants. PayPal is almost always used online, while Visa transactions usually involve a physical card and can be made both in-person and online.

PayPal vs. Visa: What Are the Key Differences?

Company	PayPal	Visa
Card Network?	No	Yes
End-to-End Encryption for Payment Info?	Yes	No
Best Security Features	End-to-end encryption, zero fraud liability	Advanced authorization security, zero fraud liability
U.S. Merchant Acceptance	Accepted at 712 of the top 1,000 online retailers	Accepted at 980 of the top 1,000 online retailers

Thanks to their different roles, PayPal and Visa can be used together for online transactions. By linking a Visa card to your PayPal account, you will still get Visa’s advanced authorization security system and zero liability policy, plus extra security from PayPal’s end-to-end encryption. Visa cardholders won’t miss out on credit card rewards or network benefits when paying through PayPal, either. By linking Visa with PayPal, consumers can take advantage of all that both companies have to offer.

What's the difference between PayPal and Visa?

Cameron DiGiovanni, Writer

PayPal vs. Visa: What Are the Key Differences?

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