The PayPal Debit MasterCard card can be used worldwide at ATMs, online and everywhere Debit MasterCard is accepted. The prepaid card features an online Payback Rewards, which allows cardholders to gain 1 percent cash back each time a new cardholder enrolls into the PayPal Preferred Rewards Program. The card is issued by The Bancorp Bank pursuant to a license from MasterCard.
In related news, the Bancorp Bank Payment Solutions Group has entered a partnership with Swift Prepaid Solutions, a provider of incentive card services, to become the issuer bank for Swifts prepaid card programs.
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