MyCardBlog

Greent Dot, the largest prepaid debit card issuer, has teamed with Paypal to let Green Dot prepaid debit card users to load their money to Paypal account directly via the Greent Dot’s MoneyPak. Usually, when a user wants to use Paypal, he or she needs to have a valid US bank account or credit card to be eligible to register at Paypal. This move will let people to shop anywhere PayPal is accepted without the need for a bank account or credit card.

MoneyPak, a prepaid debit card, can be purchased with cash at a retail store like Walmart, CVS/pharmacy, Kmart, Rite Aid and Walgreens. The money in the prepaid debit card then can be loaded directly into a PayPal account and used to shop online anywhere PayPal is accepted, including eBay.

The new MoneyPak has more functions than just load the money to PayPal account. For example, MoneyPak allows people to reload prepaid cards, make cash payments, pay bills and fund other accounts. MoneyPak is powered by Green Dot’s industry-leading cash acceptance network, and costs $4.95 or less.

More details can be found at http://www.moneypak.com.