PayPal today announced that the PayPal Debit Card now offers support for the Apple Wallet app and can be used with Apple Pay to pay for products and services in stores and online.
“We’re excited to work with PayPal to bring Apple Pay to PayPal Debit Card cardholders and help deliver a seamless shopping experience to even more users,” said Eddy Cue, Senior Vice President of Services at Apple in the press release. “Whether in-store, online or in-apps, PayPal debit card cardholders will be able to enjoy the convenience and security that Apple Pay brings to their everyday lives.”
“We know that consumers are looking for smart, simple and safe ways to make their everyday purchases while also getting more value out of every transaction. That’s why millions of customers can now enjoy the trust and convenience they love about PayPal everywhere – both in-store and online, with access to rich rewards that put more money back in their pockets,” said Alex Chriss, President and CEO, PayPal, also in the press release. “It’s a pivotal moment for PayPal and its customers and a significant first step as we bring the power of PayPal to everywhere they shop.”
PayPal Debit Card cardholders can also select a monthly spending category, including groceries, gas, or clothing, and receive 5% cash back on up to $1,000 in purchases in that category per month. Multiple cash back offers can be combined.
The PayPal Debit Card can be used anywhere MasterCard is accepted. PayPal’s new auto-reload option allows users to set a PayPal balance threshold that automatically tops up if it dips below set amount.
