PayPal Mastercard: Digital Credit Card That Makes Online Transactions Easy

PayPal Mastercard: Digital Credit Card that Makes Online Transactions Easy

In recent years, digital technology has developed rapidly and made it easier for us to carry out various activities, including financial transactions. One example of digital technology that makes financial transactions easier is PayPal Mastercard. In this article, we'll talk about what PayPal Mastercard is, how it works, and its advantages and disadvantages.

What is PayPal Mastercard?

PayPal Mastercard is a digital credit card issued by PayPal, the world's most popular online financial services company. This card allows users to make online transactions more easily and safely. PayPal Mastercard can be used to make payments on various websites, applications and online stores that accept Mastercard credit cards.

How PayPal Mastercard Works

PayPal Mastercard works the same way as a conventional credit card. When you make an online transaction, you can choose PayPal Mastercard as a payment method. The PayPal system will then send the card information to the seller, and you will be able to make payments more easily.

However, there are some differences between PayPal Mastercard and conventional credit cards. First, the PayPal Mastercard does not have a physical card number or expiration date. Second, this card can only be used for online transactions, not offline transactions. And third, PayPal Mastercard does not require identity verification or credit applications.

Advantages of PayPal Mastercard

Here are some of the advantages of PayPal Mastercard:

1. Easy to use : PayPal Mastercard is very easy to use. You just need to log in to your PayPal account, choose a payment method, and enter your card information.
2. Safe : PayPal Mastercard uses advanced security technology to protect your transactions. PayPal's system can also detect and prevent suspicious transactions.
3. No Physical Card Required : PayPal Mastercard doesn't require a physical card, so you don't have to worry about losing or damaging your card.



4. No Identity Verification Required : PayPal Mastercard does not require identity verification or credit applications, so you can use this card quickly and easily.
5. Can be Used on Various Websites : PayPal Mastercard can be used on various websites, apps and online stores that accept Mastercard credit cards.

Disadvantages of PayPal Mastercard

Here are some disadvantages of PayPal Mastercard:

1. Transaction Fees : PayPal Mastercard requires a transaction fee of 3.4% + IDR 1,500 per transaction.
2. Risk of Fraud : Like other credit cards, PayPal Mastercard also carries a risk of fraud. You should always be careful when making online transactions.



3. Cannot be used for offline transactions : PayPal Mastercard can only be used for online transactions, not offline transactions.
4. Has No Credit Limit : PayPal Mastercard does not have a credit limit, so you should always be careful when making online transactions.

How to Register for PayPal Mastercard

How to register for a PayPal Mastercard is very easy. Here are the steps:

1. Create a PayPal Account : First, you have to create a PayPal account. You can use your email address or phone number to register.
2. Account Verification : After registering, you must verify your account. The PayPal system will send a verification code to your email address or phone number.
3. Add Card Information : Once your account is verified, you can add card information. You must enter card information, such as name, date of birth, and address.
4. Card Activation : Once your card information is registered, you can activate the card. The PayPal system will send an activation code to your email address or telephone number.

Conclusion

PayPal Mastercard is a digital credit card that makes online transactions easy. By using this card, you can make online payments more easily and safely. However, there are some drawbacks you need to consider, such as transaction fees and fraud risks. By being careful and using this card wisely, you can enjoy the advantages of PayPal Mastercard.