Skip to main content
4 events
when toggle format what by license comment
Jul 17, 2020 at 18:27 comment added Peter Green In practice of course if you use your paypal account once to give a friend a cash advance will almost certainly get away with it because paypal can't easilly tell the difference between a bona-fide personal payment and. OTOH if you do it on a large scale I suspect paypal will start asking questions (and freezing your account if you don't provide satisfactory answers).
Jul 17, 2020 at 18:23 comment added Peter Green Clearly the rule in the paypal rules can't be aimed at properly documented cash advances since paypal doesn't offer those. So it must be aimed at combinations of transactions that effectively form a cash advance.
Jul 17, 2020 at 17:55 comment added Ben Voigt There is explicit support for sending money to friends using a credit card, both on the Paypal side (where the fee of 2.9% is assessed, which is comparable to cash advance fees) and on the Discover Bank side, where they specifically say that the 5% cashback applies to using the Discover credit card to send money through Paypal to friends. So no, it is not prohibited, and both the credit card company and Paypal know exactly what is going on. Unless you are arguing that receiving money from the friend at some future point changes the send money transaction from encouraged to prohibited?
Jul 17, 2020 at 16:09 history answered Peter Green CC BY-SA 4.0