If there is one contactless payment method that has been popular for years now, it is PayPal. People use this method worldwide for easy and quick payments at various stores. Of course, Costco is one of the most popular destinations for many people.
That is why many people also wonder if Costco offers PayPal for customer ease and convenience. Let’s find out.
Does Costco Take PayPal?
Unfortunately, Costco does not take PayPal. You will not find this payment method inside the physical Costco store and the website. However, you can get a PayPal Visa debit card, which will allow you a quick transfer of PayPal funds to your debit card.
You can use other payment methods at the Costco store that they approve. You can use all conventional methods of payment to pay at Costco in no time.
Many customers think that Costco doesn’t offer PayPal because it doesn’t get along with the company. Of course, that is not true, as Costco has its reason for not offering PayPal to customers.
Why Doesn’t Costco Take PayPal?
PayPal is under direct agreement with Visa. Because of this, it cannot partner with PayPal to offer it as a payment method.
If Costco starts offering PayPal as a payment method, it will be in breach of the contract with Visa. Because of this, the retail store can have a hefty lawsuit on its hands.
That is why you might not find Costco offering PayPal anytime soon. But of course, anything can change in no time.
Does Costco Have Any Plans To Take PayPal In The Future?
Costco has not announced any plans to offer PayPal in the future. That is because it can’t violate its agreement with Visa.
The terms of Costco’s agreement with Visa are not disclosed. So, we don’t know how long they have an agreement for.
As long as Costco is in contract with Visa, it will not offer PayPal to its customers. So, it is best not to hold hopes from the company.
Many consumers also think you can use a PayPal Cash Card at Costco to make quick and easy payments.
Can You Use A PayPal Cash Card At Costco?
You can use a PayPal Cash Card at Costco. You can link this card with your debit account and easily transfer amounts whenever you need them.
That is because Costco accepts debit and credit cards, which is what this card is. You can use this card online as well.
If you don’t have this, you might wonder if Costco will accept PayPal credit as a payment method.
Does Costco Take PayPal Credit?
Costco does not take PayPal credit. You can’t use it for purchases inside the store or online.
If you don’t know already, PayPal Credit lets you hold off paying for your purchase for six months without any interest. Many people utilize this option to buy expensive items.
However, Costco does not offer this option because it goes against their policy. If you want to purchase something through PayPal credit, you might have to go somewhere else.
Besides that, you can use other contactless payment methods at Costco to make your life easier. The retailer offers options in this regard to customers.
Is There Any Contactless Way To Pay At Costco?
Costco accepts Apple Pay, Samsung Pay, and Google Pay as its top contactless payment methods. You can always pay through these methods if you want to opt for contactless payment.
The retailer has been offering mobile technology for a long time now. It was one of the first few retailers that began offering this technology to customers.
If you are adamant about using PayPal, there are other retailers that offer this option inside the store and online. You can go to them for purchases.
What Other Stores Take PayPal?
Other stores that offer PayPal include Best Buy, IKEA, Walmart, and many others. All of them will allow you to make PayPal payments in no time.
There are also many stores that only offer PayPal online and not in-store. That is why you must check before purchasing any items.
Can You Use PayPal At Costco In 2023?
Unfortunately, you can’t use PayPal at Costco in 2023. That is because Costco is partners with Visa, which is why they can’t offer PayPal.
The store also does not have any plans of offering PayPal as a payment method in the future. So, it is best you use other payment methods or opt for other stores to use the payment method you like.
Benjamin is a certified financial advisor, with over 10 years of experience in the industry. He is knowledgeable about various business and financial topics, such as retirement planning and investment management. Ben has been recognized for his work in the financial planning industry. He has also been featured in various publications.