Re:US proposes barring tech companies from offering financia...
by wil421 on Thursday July 25, 2019 @09:22AM
(#20525135)
PayPal does not have a banking license so they must partner with banks to other some services. Similar to Apple offering 0% loans on iPhones with Citizens or loans with interests for Macs using a Barclay credit card.
[ Parent
| on HN ]
Re:US proposes barring tech companies from offering financia...
by realityking on Thursday July 25, 2019 @10:16AM
(#20525518)
While a little off-topic, since this is an article about the US, PayPal does have a European banking license: https://web.archive.org/web/20161122071031/http://www.e-coml...