Impending overdraft interest can be avoided
One of the advantages of adding your credit card to PayPal can be that it takes some strain off your account, according to KlarMacher Magazin from Hanseatic Bank. Especially towards the end of the month, when the money in the account should be running low, you can create a little more freedom, as this way you can avoid the risk of overdraft interest on the current account.
Credit card remains protected
According to Statista, 22 percent of Germans are very concerned about becoming a victim of credit card fraud. In fact, the annual damage caused by credit card fraud amounts to 1.3 billion euros, according to the payment traffic questions.de portal. PayPal could help here. If you don’t want to share your credit card information, you can still shop online with PayPal without revealing all of your credit card information.
PayPal requires adding a credit card
As discussed above, there can be benefits to adding your credit card to PayPal. But in some cases you have no other choice. When is this the case?
PayPal only requires the addition of a credit card if there is a suspicion of abuse. This message can appear if you use a different device than usual or have a new smartphone. Other reasons could be that you have deleted the cookies or the cache or that you have processed a large number of payments with PayPal lately and these have not yet been fully processed with the deposited bank account. Another reason could also be that there have been problems with the direct debit procedure lately because there was not enough money in the account.
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