Cash or deposit Visa PrePaid Card? | Page 2 | GTAMotorcycle.com

Cash or deposit Visa PrePaid Card?

GreyGhost said:
I use them to buy Amazon gift cards. If you use them for normal retail purchases, they are a pita as it's hard to use up a remainder. Then I use Amazon gift cards at my leisure instead of Amazon onto credit card and then bank to pay cc.
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This.
 
Relax said:
You can use Paypal's "Friends and Family" to pay someone in your family using your credit card if you're OK with the 2.9% (I think) fee. Then get them to reimburse you.
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Thanks, think I will give this a try.

I don't see anywhere that says "friends and family" in PayPal. I think I have used PayPal in total 3 times so not that familiar with all its workings. I have no linked the cards yet, hopefully that works. I was testing with the "send" button in PayPal, was able to enter in an email, then it goes to how much and it has CDN and USD conversion, is this going to convert to USD?
 
wonderings said:
Thanks, think I will give this a try.

I don't see anywhere that says "friends and family" in PayPal. I think I have used PayPal in total 3 times so not that familiar with all its workings. I have no linked the cards yet, hopefully that works. I was testing with the "send" button in PayPal, was able to enter in an email, then it goes to how much and it has CDN and USD conversion, is this going to convert to USD?
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PayPal in Canada has a dumb setup. Change usd to cdn and that fixes that. Friends and family doesn't easily show up. I was able to figure it out and do it a few months ago. I think I had to setup the order but before confirmation I was able to switch to a trusted recipient. I thinks it's called personal in Canada not friends and family.
 
PayPal should give you a selection on the next screen after asking you to confirm the payment amount and what it’s for. At least on a computer browser.
 
GreyGhost said:
PayPal in Canada has a dumb setup. Change usd to cdn and that fixes that. Friends and family doesn't easily show up. I was able to figure it out and do it a few months ago. I think I had to setup the order but before confirmation I was able to switch to a trusted recipient. I thinks it's called personal in Canada not friends and family.
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Going to give this a try this weekend. I was going to look at square space as well as it seems some Android phones can take Square Space payments and you can setup a free account. Not sure if there are any limitations to this though. Would also have to see if my brothers Android supports this as well
 
So my card was from prepaiddigitalsolutions.com. I requested a hard copy then went to the website to choose a pin I think. In the end though I didn’t need a pin as I used it in a restaurant and it was just swipe and done. Mine was in $US though so I don’t know if that matters.
 
Relax said:
These days, anyone with a phone can now accept credit card payments.

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Not for your average person. To accept credit card payments, you have to be setup as a merchant with an acquirer, and have a payment app on your phone. That's what Mobile Payment on COTS (MPoC) is for.

The average person can pay at a merchant location with their phone if they have stored the credit card information using a wallet app, like ApplePay, GooglePay, etc. and the merchant is setup to accept those types of payments.
 
robmack said:
Not for your average person. To accept credit card payments, you have to be setup as a merchant with an acquirer, and have a payment app on your phone. That's what Mobile Payment on COTS (MPoC) is for.

The average person can pay at a merchant location with their phone if they have stored the credit card information using a wallet app, like ApplePay, GooglePay, etc. and the merchant is setup to accept those types of payments.
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Does Square Space not make this easy, they are taking a percentage of the payment for the simplicity of accepting payments with your phone (via hardware connected or with some Android phones just a simple tap)
 
robmack said:
Not for your average person. To accept credit card payments, you have to be setup as a merchant with an acquirer, and have a payment app on your phone. That's what Mobile Payment on COTS (MPoC) is for.

The average person can pay at a merchant location with their phone if they have stored the credit card information using a wallet app, like ApplePay, GooglePay, etc. and the merchant is setup to accept those types of payments.
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I wouldn't call hookers and drug dealers average people, but still, anyone can download the Square app to their Android phone and sign up to become a merchant:

squareup.com

Tap to Pay on Android Contactless Payments | Square

With Tap to Pay on Android, you can accept contactless payments on NFC-enabled devices. Download Square POS app to start taking payments with just your phone.
squareup.com squareup.com
 
Relax said:
I wouldn't call hookers and drug dealers average people, but still, anyone can download the Square app to their Android phone and sign up to become a merchant:

squareup.com

Tap to Pay on Android Contactless Payments | Square

With Tap to Pay on Android, you can accept contactless payments on NFC-enabled devices. Download Square POS app to start taking payments with just your phone.
squareup.com squareup.com
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Have you done this? This was my other idea if I can't link my prepaid cards to PayPal and transfer
 
Square and Stripe are payment processors. They come between merchants and acquirers. They do have products and services that simplify merchant onboarding, and make the process of dealing with acquirers and payment brands easy. But you still need to be a merchant. I guess hookers and drug dealers could be merchants and accept cards if they could find an acquirer who wants to take the risk. Can't imagine the interchange and fees they'd pay for the privilege though.

In my mind, Paypal is a financial institution, like a cardholder bank that offers consumer financial products (PayPal account) and services (Family and Friends).
 
robmack said:
Square and Stripe are payment processors. They come between merchants and acquirers. They do have products and services that simplify merchant onboarding, and make the process of dealing with acquirers and payment brands easy. But you still need to be a merchant. I guess hookers and drug dealers could be merchants and accept cards if they could find an acquirer who wants to take the risk. Can't imagine the interchange and fees they'd pay for the privilege though.

In my mind, Paypal is a financial institution, like a cardholder bank that offers consumer financial products (PayPal account) and services (Family and Friends).
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PayPal is a US bank. Mention the word “Cuba” and they put your account in a little room with bars on the windows. US banks must follow US embargo rules. Nasty people so I closed my account. I don’t know if there is a Canadian equivalent.
 
robmack said:
Square and Stripe are payment processors. They come between merchants and acquirers. They do have products and services that simplify merchant onboarding, and make the process of dealing with acquirers and payment brands easy. But you still need to be a merchant. I guess hookers and drug dealers could be merchants and accept cards if they could find an acquirer who wants to take the risk. Can't imagine the interchange and fees they'd pay for the privilege though.

In my mind, Paypal is a financial institution, like a cardholder bank that offers consumer financial products (PayPal account) and services (Family and Friends).
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I think you're taking my joke a little too far, but Square is both the processor and acquirer, so all you need is an Android NFC phone and sign up on their web site. $0 monthly fees, and 2.65% per tap (lol).

But in the context of the OP's post, Square's 2.65% fee is a lot less than Paypal's 8% when funding by credit card.
 
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