PayPal can handle many day-to-day financial tasks, from online shopping to sending money to friends. But replacing your bank account entirely with PayPal isn’t practical for most people. While PayPal ...
Editor’s Note: This article contains updated information from a previously published story. PayPal is a digital-payments platform that lets users engage in a range of financial activities, including ...
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Should you replace your bank account with PayPal?
PayPal can be used like a bank in some ways, with tools for spending, saving and accessing cash — but it’s a fintech company, not a regulated bank. Some PayPal funds are FDIC-insured up to $250,000 ...
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