I was wondering if it's possible to set Bill Me Later as the Backup Payment for my Paypal Debit Card? The thing is I'm wanting to use Bill Me Later through Amazon so I was going to use my paypal debit card to pay amazon and then have the money go through Bill Me Later. Anyone tried this or know if its possible?
Gobby- That is actually a pretty good way to use BML on Amazon. Unfortunately at this point, BML can only be used as a primary funding option when the merchant uses it. This would essentially be using BML to "send" money to someone else. That functionality doesn't exist....yet.
So Andy, Bill Me Later, would have to be set up like Pay Pal, get money from buyers bank or credit card and then pay the vendor. You are saying they just pay for what we buy and we make payments to Bill Me Later in the future or like a revolving credit card, which is basically what it is. SOUNDS LIKE YOUR COMPANY IS LOOKING TO SET ITSELF UP AS AS A TYPE OF PAY PAL ACCOUNT IN THE FUTURE, USING THE PAY PAL CONCEPT OF MOVING MONEY AROUND. HOW INTERESTING IS THAT. WELL, WE ALL JUST GOT HOOKED INTO ANOTHER CREDIT CARD ACCOUNT BY ONLY LOOKING AT THE I CAN PAY THIS BILL IN THE FUTURE AND SPREAD OUT OUR BUYING POWER, HOWEVER I THINK THERE IS STILL SOME INTEREST THAT WE PAY OR SERVICE FEE FOR THE BILL ME LATER ASPECT OF THIS. HOW INTERESTING A LESSON THIS HAS BEEN AS I JUST RACKED UP OVER $800 THINKING PART OF IT WAS BEING PAID OUT OF MY BANK ACCOUNT, BUT WAS PUT ON MY BILL ME LATER STATEMENT AND NOW I HAVE TO PAY EITHER A MONTHLY PAYMENT OR WHAT I OWE, PLUS MY BILL ME LATER INTO SAY 6 MONTHS FROM NOW IS SITTING THERE ON MY STATEMENT. IF A PERSON ISN'T CAREFUL THEY CAN GET REALLY CONFUSED WITH THIS COMPANY AND THINK THEY HAVE PAID OR FORGET THEY EVEN OWE THIS CREDIT CARD. SEEMS LIKE ABOUT FIVE YEARS AGO I GOT INTO SOMETHING LIKE THIS AND HAD FORGOT THEY PENALIZED ME SOMETHING FIERCE WHEN I DIDIN'T REMEMBER BUYING WHAT THEY WERE BILLING ME FOR
AND QUESTIONED WHY I HAD A BILL WITH ALL THE FEES ON IT AS I HAD NEVER GOTTEN A STATEMENT. I AM GOING TO PAY THIS CREDIT CARD OFF AS QUICK AS I CAN AND NO MORE CHARGING. PAY PAL HOPEFULLY CAN REMOVE THE PAY ME LATER OPTION AS I DON'T WANT IT AFTER I GET MY STATEMENT PAID OFF. I SURE GOT DUPED INTO CHARGING A LOT MORE MONEY THAN I EVER INTENDED TO SPEND AND I CAN SEE HOW I DID IT. YOU JUST THINK YOU CAN BUY A LOT AND SPREAD YOUR MONEY OUT LONGTERM, BUT IT IS JUST A REGULAR CREDIT CARD WITH THE OPTION OF PAYING AN ITEM IN THE FUTURE RATHER THAN NEXT MONTH, JUST LIKE A STORE CREDIT CARD, LIKE MACY'S OR ZALES. PAY PAY DIDN'T NEED TO ADD THIS SERVICE TO ITS CUSTOMERS, IT IS BETTER TO PAY FROM YOUR BANK ACCOUNT CASH OR USE YOUR CREDIT CARD YOU ALREADY KNOW HOW IT WORKS AND YOU GET A STATEMENT. I SURE GOT CARRIED AWAY WITH THIS ONE AND I COULD NOT AFFORD TO DO THAT AS MY INCOME LEVELS DROP DURING MY BEGINNING SENIOR YEARS, THANKS A LOT PAY PAL. I SURE WENT INTO DEBT AND I DIDN'T INTEND TO DO THAT. CMAYPAY AND YES I AM