Technology
How to get your stimulus payment sent directly to your PayPal account
PayPal is giving users another way to get their coronavirus relief payment.
The Internal Revenue Service is technically on track to start depositing stimulus checks into qualifying Americans’ accounts this week. More than 500,000 people in the U.S. have been infected by COVID-19, and more than 16 million have lost their jobs.
While the IRS says that most Americans don’t have to do anything to get the funds, users of PayPal Cash Plus can get the money sent directly into their accounts. This is especially useful if you pay bills through PayPal and need funds immediately.
To take advantage of the offer, PayPal users need to sign up for PayPal Cash Plus, which is a debit account linked to a debit card. It’s a free service. Once you sign up, you can reroute the stimulus payment to your PayPal account in the IRS portal.
Those who made $75,000 or less as an individual tax-payer in 2018 or 2019 should receive the full $1,200 check as part of a stimulus bill Congress passed last month. Higher-earners who made up to $99,000 will receive a reduced payout.
The company said it’s working with the U.S. Department of the Treasury to add more ways to get coronavirus checks into PayPal accounts.
-
Entertainment6 days ago
iPad Pro 2024 now has OLED: 5 reasons this is a big deal
-
Entertainment6 days ago
‘Stardew Valley’ has an official cookbook. Here’s how to make Seafoam Pudding.
-
Business6 days ago
Legion’s founder aims to close the gap between what employers and workers need
-
Business5 days ago
Checkfirst raises $1.5M pre-seed, applying AI to remote inspections and audits
-
Business4 days ago
AI chip startup DEEPX secures $80M Series C at a $529M valuation
-
Business4 days ago
Retell AI lets businesses build ‘voice agents’ to answer phone calls
-
Entertainment3 days ago
'House of the Dragon' recap: Every death, ranked by gruesomeness
-
Entertainment4 days ago
8 reasons ‘Evil’ is the greatest show you’re not watching