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A comment on We got banned from PayPal after 12 years of business. Parent comment

Re:We got banned from PayPal after 12 years of business by rickbutton on Thursday May 09, 2019 @07:55AM (#19867342)
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.
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Re:We got banned from PayPal after 12 years of business by rndgermandude on Thursday May 09, 2019 @11:20AM (#19869057)
Paypal Europe has a banking license.
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