2 ms·
Before hordes of people respond with "PayPal is not a bank!", it is indeed not a bank in US, but its European subsidiary is legally a bank.
by zinekeller 4y ago
Before hordes of people respond with "PayPal is not a bank!", it is indeed not a bank in US, but its European subsidiary is legally a bank.
- dogma1138 4y agoIn the US it doesn’t have a license anymore mainly to avoid FDIC requirements but it is licensed in every state https://www.paypal.com/us/webapps/mpp/licenses https://www.paypal.com/us/webapps/mpp/licenses