> As a bank
Technically, Paypal is not regulated as a bank (per FDIC). That said, they certainly have immense fiduciary & privacy duty to their customers considering the format of their business.
Technically, Paypal is not regulated as a bank (per FDIC). That said, they certainly have immense fiduciary & privacy duty to their customers considering the format of their business.
PayPal has a banking license in Luxembourg which allows them to operate in Europe.
I guess it depends on the region/country.