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Is PayPal being subjected to those laws? After all they are not a bank.
by ilanco 9y ago
Is PayPal being subjected to those laws? After all they are not a bank.
- fragmede 9y agoOnly in the US. In the EU, they're registered as a Luxembourg-based bank. http://www.businesswire.com/news/home/20070515005225/en/PayPal-Expands-European-Growth-Bank-Charter-European http://www.businesswire.com/news/home/20070515005225/en/PayP...
- theptip 9y agoYes. They are not a bank, but they are a Money Services Business (in the USA). E.g. see http://paymentsviews.com/2012/08/13/so-you-want-to-start-a-payments-company/ http://paymentsviews.com/2012/08/13/so-you-want-to-start-a-p...