Paypal and Walmart have partnered to allow the loading and cashing out of a Paypal account at Walmart stores for a $3 fee.
PayPal cash-in is already available at Walmart, and PayPal cash-out will be available at all Walmart U.S. locations by early November.
They tout this mainly as a way for the unbanked to be able to get cash from their Paypal accounts. For points hobbyists, the more interesting part is that of loading your Paypal account at Walmart since they traditionally accept PIN-based debit cards as valid payment method for money load. You can already do Paypal MyCash loads at many retails like CVS, but typically only cash is accpeted. At Walmart, PIN-based debit should work too.
Overall, it’s not too exciting since there is a $500 max per load and a $3 fee per load. If you have a compliant Walmart, you’ll probably do better buying money orders, paying bills, or loading a prepaid card for no fee. Besides, it’s Paypal we’re dealing with, and personally I don’t think it’s worth messing with them.
