Skip to main content

PayPal will soon let you withdraw cash at Walmart, but there’s a catch

While we’re often being told that a cashless society is just around the corner, PayPal has been busy prepping a new service that will let anyone with a PayPal account to withdraw and deposit paper money at any Walmart across the U.S.

It marks the first time that PayPal users will have the ability to withdraw cash from their account in a brick-and-mortar environment, as well as load cash into their account, the payment giant said on Thursday, October 11.

Recommended Videos

To use the new service, which will be available at every Walmart in the U.S. by early November, you’ll need either the PayPal mobile app or a PayPal Cash Mastercard, which is basically a PayPal-linked debit card. The cash withdrawals and deposits can be made at the store’s service desks, ATMs, or cash registers.

Downsides? Well, each transaction will cost you $3, a not insignificant amount that will certainly add up over time if you do it regularly. While the new service may come in handy as a last resort, or for those with limited or no access to banking services, shoppers may want to avoid paying out those fees by considering other cash withdrawal options, if available.

PayPal president and CEO Dan Schulman said the initiative marked the first time for the two companies to work together on a shared service for customers. “We consider this a key collaboration for both PayPal and Walmart [and] are committed to working together to make it simple and easy for people to use PayPal cash-in and cash-out money services at every Walmart location in the U.S.,” Schulman said.

Daniel Eckert, Walmart’s senior vice president, meanwhile, said his company is committed to expanding access to such products, while making them “convenient, easy to use, and available for everyday low prices,” though some may dispute that last claim.

Eckert said that 90 percent of Americans live within 10 miles of a Walmart store, and insisted the new service will offer “great value to the many people who rely on Walmart and PayPal to help manage and move their money.”

PayPal’s partnership with Walmart follows news earlier this year that the online payments company was “nudging” some of its customers toward mainstream banking services by teaming up with small banks to offer basic banking features integrated with their PayPal accounts. The move to broaden its offerings has also seen PayPal partner with the likes of Apple, Facebook, and Skype.

Trevor Mogg
Contributing Editor
Not so many moons ago, Trevor moved from one tea-loving island nation that drives on the left (Britain) to another (Japan)…
Will my iPhone get iOS 26? Here’s every supported model
We've got the full list of iOS 26 supported devices - find out if you're getting the new iPhone update
iOS 26 features on a series of iPhone screens

Apple announced iOS 26 at WWDC 2025, and the new iPhone update comes with a fresh new 'Liquid Glass' look and plenty of features - and there are loads of iOS 26 supported devices, which is great news.

And no, you haven't missed a volley of updates since iOS 18 in 2024. Apple has skipped a bunch of numbers, so instead of giving us iOS 19 in 2025, we got iOS 26 alongside iPadOS 26, macOS 26, watchOS 26 and tvOS 26. In short, Apple's brought its operating system numbering into line. Nice.

Read more
Will my iPad get iPadOS 26? Here’s every supported model
We've got the full list of iPadOS 26 supported devices - find out if you're getting the new iPad update
iPadOS 26 home screen on an iPad

Apple announced iPadOS 26 at WWDC 2025, and the new iPad update comes with a fresh new look and plenty of features. Apple has ensured there are plenty of iPadOS 26 supported slates, so if you have a relatively new iPad you should get the update this year.

And no, you haven't missed a volley of updates since iPadOS 18 in 2024. Apple has skipped a bunch of numbers, so instead of giving us iPadOS 19 in 2025, we got iPadOS 26 alongside iOS 26, macOS 26, watchOS 26 and tvOS 26.

Read more
Will my Apple Watch get watchOS 26? Here’s every supported model
We've got the full list of watchOS 26 supported devices - find out if you're getting the new Apple Watch update
watchOS 26 on a trio of Apple Watches

Apple announced watchOS 26 at WWDC 2025, and the new Watch update comes with a fresh new look and plenty of features. Apple has ensured there are plenty of watchOS 26 supported devices, so if you have a relatively new Watch you should get the update this year.

And no, you haven't missed a volley of updates since watchOS 11 in 2024. Apple has skipped a bunch of numbers, so instead of giving us watchOS 12 in 2025, we got watchOS 26 alongside iOS 26, macOS 26, iPadOS 26, tvOS 26 and visionOS 26.

Read more