The process involves exchanging a Target gift card’s stored value for funds in a PayPal account. This typically occurs through online platforms that facilitate such transactions. For example, a user might access a gift card exchange website, input the card’s details and desired payment method (PayPal), and receive funds after verification and processing.
This exchange offers flexibility for individuals seeking to consolidate funds or utilize the value of unwanted gift cards. Having readily available funds in a widely accepted online payment system like PayPal can be beneficial for various online purchases and transactions. The development of online marketplaces and digital payment systems has made this type of exchange increasingly common, offering an alternative to traditional methods of utilizing gift card balances.