why can't I pay pay pal credit with my prepaid card on file

[neisy66]

why can't I pay pay pal credit with my prepaid card on file

[Snow-Cat · Accepted solution]

You can pay your PayPal Credit balance from either your PayPal balance or your bank account.   Credit cards are not accepted because there would be transaction processing fee charged to the receiver - meaning if you used your card to pay off a $500 balance, then depending on the fees, say 2% for example would be $10 - meaning that the receiver is expecting to collect $500 will only get $490 - that's not how someone who is in the business of lending money (which is what PayPal Credit is) would operate.   When you pay using your PayPal balance or your bank account - there's no fees charged so the receiver actually gets amount they are owed.

[neisy66]

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@Snow-Catwrote:

You can pay your PayPal Credit balance from either your PayPal balance or your bank account.   Credit cards are not accepted because there would be transaction processing fee charged to the receiver - meaning if you used your card to pay off a $500 balance, then depending on the fees, say 2% for example would be $10 - meaning that the receiver is expecting to collect $500 will only get $490 - that's not how someone who is in the business of lending money (which is what PayPal Credit is) would operate.   When you pay using your PayPal balance or your bank account - there's no fees charged so the receiver actually gets amount they are owed.

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@Snow-Cat many thanks for your complete explanation to question I asked.  You Rock, thanks again Neisy66