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In the US, yes, if the organization is legally considered a bank. I believe that PayPal is not considered a bank, but I'm not sure on the specifics as to why.
by rickbutton 7y ago
In the US, yes, if the organization is legally considered a bank. I believe that PayPal is not considered a bank, but I'm not sure on the specifics as to why.
- rndgermandude 7y agoPaypal Europe has a banking license.