August 17, 2012

MoneyPak: Send Money To Paypal without Bank Account



Add money to paypal via MoneyPak

PayPal is the largest payment gateway in the world, and millions of people are using it to send and receive money. But PayPal needs you to have a credit card, or at least a bank account for you to add money to your PayPal account and then transfer or spend it. If you don't have a bank account or a credit card, then you can still add funds to PayPal using GreenDot MoneyPak. With it, you can either load money to an issued PrePaid card, or add money directly into your PayPal account without getting into the hassle of bank transfers and what not. It is perhaps the only way to add money without a bank account.

What is MoneyPak?

MoneyPak is a great and efficient financial service that lets you use load your PayPal account with money with live cash. Originally, it was intended for GreenDot issued PrePaid cards, which work just like Payza PrePaid or any other PrePaid cards. You could buy a MoneyPak, and add it directly to the PrePaid card, which could then be used to make purchases or transfer money to another card. Adding money to PayPal works the same way.

MoneyPak

MoneyPak is a convenient way of adding funds to PayPal. You don't need to have a bank account or a credit card. There are no bank fees or Credit Card interest charges. This is the only way you can add funds to PayPal without a bank account. And once you've added the money, you can transfer or use it instantly!

How to add money to PayPal?

It is quite simple really. You first have to buy a MoneyPak. You can buy this in the U.S or abroad from any major retailer such as Walmart, Walgreens, CVS/pharmacy, Rite Aid, Kmart, 7-Eleven, Kroger and Meije etc. You buy this with live money, so no credit card or bank transfer hassle. It's your choice on how much money you want to put into the MoneyPak, which you then pay at the counter.

adding money to payPal

Once purchased, simply log on to your PayPal account, and click on Add Money. Select the MoneyPak option from there, and add the required information. You may first need to provide your name, address, date of birth and Social Security Number so that you can be verified by GreenDot. You can then add your purchased MoneyPak into your PayPal account, and the money will be transferred almost instantly.

Here's a video explaining the process.


Fees and limits

You can put any amount of money into a MoneyPak ranging from $20 to $500. At Walmart, you can add up-to $1,000. Each MoneyPak has its own convenience fee of $4.95. For security reasons, PayPal restricts the amount you can add through MoneyPaks to $4,000 per month. There are no other hidden charges for adding funds into PayPal.

Unfortunately, MoneyPak is only available in places where there is a partner retail store. You can check whether it's available in your area by visiting the MoneyPak Store Locator.

Once your money is transferred from your MoneyPak to PayPal, it will instantly be added to your PayPal account balance. You can then check your PayPal balance to see for yourself that the money has arrived. Now you can spend your money anywhere PayPal is accepted, including ebay!




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  1. I don't think it works for Indians. Even if it did, there would be no benefit because according to RBI rules money cannot be kept in Paypal account. I mean as soon as you get the money in Paypal account, you need to withdraw it to your bank account on the same day and if you fail to do then it will be auto-withdrawn.

    Secondly, you can't even purchase anything with that money because according to RBI rules purchases has to be made with credit card or VCC via Paypal.

    No way out.
    --
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    ReplyDelete
  2. I have read it first time, i'm a permanent user of it. This is the great way to add money in paypal. But there isn't any way to withdraw money from paypal, that's the big problem in countries like Pakistan.

    Thanks
    Zeshan
    From: Urdu Shayari

    ReplyDelete
    Replies
    1. Hi do you get moneypak loaded on PayPal in Pakistan without giving ssn ? If so how ?

      Delete
  3. i got limit with 294 $ in my paypal :(

    ReplyDelete
  4. Can I Get My Paypal Money To My Credit Card. my Country not support paypal, please reply this

    ReplyDelete
  5. another nice article from MBT

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  6. amazing post brother. This is helping me more to transfer money.

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    ReplyDelete
  7. WOW!
    its a Great Service.
    i am Hearing abt this First Time!
    but Unfortunetly It is Not avalible in Maharashtra, India!
    neways thanks for the Post
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    ReplyDelete
  8. Really informative. But i am unlucky it is not available in my country.
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  9. qaisim
    no doubt about that article is great and very informative but useless for pakistani users. plz some research on this topic for pakistani users ,
    i need it very much .,.

    ReplyDelete
  10. This comment has been removed by the author.

    ReplyDelete
  11. wow!! gr8 info... thank you so much for sharing..
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  12. really nice article i was looking for such site from so many days thank you a lot :)

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  13. Amazing blog..thanks fro sharing.!!!! HOW can i make my own Plastic business cards

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  14. nice information in pakistan cash your paypal $$$ in few minuts and get verified paypal account in pakistan

    http://eazipay.blogspot.com/

    ReplyDelete
  15. who\ich is a payment gateway for money pak card?

    ReplyDelete
  16. who\ich is a payment gateway for money pak card?

    ReplyDelete
  17. For payment gateway dialer VoIP call +919828159282 email Bhwanisingh@yahoo.com

    ReplyDelete
  18. If any one is looking for moneypak processing in pakistan. or you want to cash out your green dot money pak in pakistan. so contact me. skype: free.acoount015

    ReplyDelete
  19. Green Dot money pak , or Money pak , moneypak. i can give you cash for that. Skype: free.account015

    ReplyDelete