We’ve just received the Paypal Debit card that has the EMV chip in it.
Because of the extra security and privacy that EMV chips have, I’ve made sure I upgraded all my cards as soon as it was available, however, the Paypal card took over 2 years since the implementation of EMV chips arrived in the US.
However, it’s finally here with an extra benefit: The added convenience of tap-to-pay option where available. Pretty cool.
Here are all the benefits:
If you didn’t get your card yet and you have the old Paypal Business Debit card, you can always go to the debit card page within your Paypal account and replace the old card with a new one.
Read more about the card on the Paypal welcome kit page here.
As for why I am a huge advocate of EMV chips, I will write up another article about it.