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PayPal turning into ‘virtual bank’ as it offers debit card, check deposit & loans

<div class="feat-image">(https://9to5mac.files.wordpress.com/2018/04/bank.jpg?quality=82&strip=all&w=1500)</div><p><a href="https://9to5mac.com/guides/paypal/" target="_blank" rel="noopener">PayPal[/url] is quietly rolling out basic banking services to some of its U.S. customers, which include a debit card, the ability to deposit checks and even take out a loan. For customers who accept, their PayPal balances also become protected by Federal Deposit Insurance Corp (FDIC) insurance.</p>
<p>Surprisingly, PayPal has found a way to do this without a U.S. banking license …</p>
<p> <a href="https://9to5mac.com/2018/04/09/paypal-banking-services/#more-528310" class="more-link">more…[/url]</p><div class="feedflare">
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