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Does Costco Use PayPal?

does costco use paypal

Are you searching for a quick and easy way to pay for your groceries?

These days, many people prefer to save cash for emergencies or avoid it altogether. 

Digital wallets are becoming increasingly popular, and there are several options to choose from. However, discovering that your local store doesn’t accept digital money transfers is sure to be disappointing. If you don’t have an alternative payment method with you, it may be necessary to leave without your purchases. 

So, let’s find out, ‘does Costco use PayPal?’

Availability At Costco 

PayPal was one of the world’s first forms of electronic money transfer. And it is still widely used among people for online shopping. This payment method can also be used in several retail and grocery stores in the United States. 

However, you cannot use PayPal to purchase products in any Costco store in the United States. One of the main reasons for this is that limiting available payment methods saves the company and shoppers money. This helps them to keep product prices as low as possible.

More staff, higher prices…

If Costco started accepting PayPal, the payment system in stores and online would have to be updated. In addition, more staff would need to be hired. This would result in higher overheads, which would be mitigated by raising retail rates.

Another key reason for limiting payment methods is that the company has brand agreements with Visa and Citi. Costco entered into a co-brand incentive agreement with Visa and a long-running co-brand credit card program agreement with Citi.

Protecting the customers against fraud…

These limit how much the financial companies can charge for transactions. As part of the agreement, Costco is only permitted to accept certain payment methods. 

Last but not least, it should be noted that Costco only accepts electronic payments connected to debit cards. These debit cards are either signature-based or PIN-based. This helps to protect both the company and customers against fraud and limits the retailer’s liability. 

Online shopping

If you don’t have time to head to a store, you can purchase products directly from Costco’s website. You can then have the items you need delivered to your door or arrange curbside pickup. While several payment methods are accepted by Costco, PayPal is not one of them

Shopping in Canada

You can find some great deals and a diverse range of products in the warehouses located across the border. There are several retail warehouses in Canada. However, you cannot use PayPal to purchase products from these warehouses. 

You Can Use Your PayPal Balance At Costco

Even though this payment method is not accepted, it is still possible to use your account balance to make purchases. This can only be done indirectly when shopping in stores and online requires a little extra effort. Still, it may be a saving grace if you want to use up the balance sitting in your online account.

Perhaps the simplest way of using up the funds is by transferring them to your bank account. If you have the mobile app, you can do this also instantly while you’re shopping. You can then use a Visa credit card, debit card, or check to pay for products in the store.

You Can Use Your PayPal Balance At Costco

Apply for their special debit card!

Alternatively, you can apply for a PayPal Visa debit card. You can then use this card to make purchases in one of the company’s stores or online. This is an easy way to connect your online balance and continue using it to make purchases. 

Accepted Payment Methods

Like most retailers, Costco aims to make it as easy as possible to pay for products. As a result, you can use a wide range of different payment methods in your local Costco store.

Accepted Payment Methods

The currently accepted payment methods are:

  • Cash
  • Costco shop cards
  • All types of Visa credit cards
  • PIN-based debit/ATM cards
  • Business checks
  • Personal checks
  • Traveler’s checks
  • Apple Pay
  • Samsung Pay
  • Google Pay

Electronic Benefits Transfer cards

If you have one of these benefits cards, you can use it to purchase products from your local store. However, you need to make sure you separate ineligible products and use another payment method to pay for them. You will also need to produce a valid government-issued photo ID when using your EBT card. 

Read more: Can a Felon Go To a Shooting Range?

Online Purchases

The range of payment methods you can use to purchase products from the company’s website is slightly more limited. However, there is still a good chance that you can find an option to meet your needs. 

Online Purchases

The acceptable online payment methods are:

  • Costco shop cards
  • All types of Visa cards
  • MasterCard credit and debit cards
  • PIN-based ATM/debit cards
  • Discover cards

Read more: Does Walmart Replace Watch Batteries? 

Stores That Accept PayPal

If PayPal is your payment method of choice, you will need to shop elsewhere. Fortunately, a large number of retailers accept it. Here are some of the physical stores and online retailers that accept digital money transfers from PayPal. 

Store That Accept PayPal

  • Apple Store
  • Best Buy
  • Starbucks
  • Walmart
  • Amazon
  • Target
  • Lowe’s
  • IKEA
  • Airbnb
  • CheapOair
  • eBay
  • Microsoft
  • Bed Bath & Beyond
  • Dell
  • Gamestop
  • Expedia

Additional Payment Methods At Costco

You might be interested to know about more cashless payments, such as Does Costco Apple Pay and Does Costco Take EBT, as well as Does Costco Accept Amex and Does Costco Accept Mastercard in 2023?

Before heading to your favorite superstore, find out more about the Costco Tire Center Hours – What Time Does Costco Tire Center Open Close, and Does Costco Install Car Batteries if your car needs a service? Or how about Does Costco Refill Propane Tanks to make sure it’s done safely?

If you’re planning a birthday bash this weekend, check out the Things To Know Before Buying Costco Platters, plus Does Costco Sell Bags Of Ice, for those yummy cocktails! Or perhaps you’re looking for a new phone and wondering about the Things To Know Before Buying Costco Cell Phones.

Final Thoughts 

You can choose from several different payment methods when you visit a Costco store. However, PayPal is not one of them, nor can it be used when shopping on the Costco website.

Fortunately, all types of Visa cards, ATM cards, and Pin-based debit cards are accepted in stores. If you prefer to leave your cards at home, you can use mobile payment methods like Google Pay and Apple Pay. If you are committed to using PayPal to purchase products, it is probably best to head to Walmart.

Enjoy your shopping experience at Costco!

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