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 ...
PayPal functions as a digital wallet with higher transaction fees than merchant accounts but offers simpler setup with no ...
PayPal remains one of the most widely used digital payment platforms, thanks to its versatility and user-friendly interface. Among its many features, PayPal Friends and Family is a simple, low-cost ...
Update, Mar. 1, 2025: This story, originally published Feb. 28, now includes details of a new PayPal “no code checkout” scam. Hot on the heels of Google confirming that it is replacing the use of SMS ...