Is there a trick to using prepaid gift cards? Why can’t they go to PayPal or Venmo type apps? Is there a trick??
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To avoid requiring customers to fully register cards with personal information and compliance with anti money laundering laws, such prepaid cards typically are forbidden from being exchanged for cash: they are intended to be used for purchases only
As such, they often can’t be used with payment providers such as PayPal, since such transactions are often considered to be a cash equivalent in the eyes of banks
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