2 ms·
but could paypal legally use the money you deposited inside your paypal account for some other purpose (of their choosing), provided they can front the money ba
by chii 2y ago
but could paypal legally use the money you deposited inside your paypal account for some other purpose (of their choosing), provided they can front the money back if you ask for it?
- everfrustrated 2y agoIn the UK no. This is reserved for Banks only. They can make money on the interest which I presume is why EBay UK has moved to a no-fees model but they now keep your money in a balance rather than paying out immediately.
- withinboredom 2y agoUnder most US money transmitter laws, they can’t do that either, not even off the interest. (Hence why they charge fees to move money)