3 ms·
Wait until you hear about what PayPal stops.
by sdan 7y ago
Wait until you hear about what PayPal stops.
- iso947 7y agoPayPal isn’t a bank and is known for that behaviour. I understand Wells Fargo is a bank.
- cies 7y ago> PayPal isn’t a bank They are: https://www.quora.com/How-can-PayPal-function-without-a-banking-license/answer/Julio-Vittel https://www.quora.com/How-can-PayPal-function-without-a-bank... In the EU you either work with a bank or you need to be a bank to do what Paypal does. In the US not (yet).
- iso947 7y agoIn the US, are PayPal registered as a bank in the same way Wells Fargo are?
- cies 7y agoIn EU they are. Dunno about the states. In the beginning they were not, that I know. But by now... I heard that even Google and Apple were interested in becoming banks (not sure if they followed up on that).