PayPal to offer bank accounts - eBay Suspended & PayPal Limited Forums
eBay Suspension & PayPal Limited Forums  
Join Today
Register Subscribe
     

Registration is fast, simple and absolutely free so please, join our community today!


Go Back   Home > Marketplace Discussions > PayPal Talk

PayPal Talk PayPal Forums. General issues related to PayPal.

Reply
 
Thread Tools
  #1  
Old 04-17-2018
Junior Member
 
Join Date: Mar 2013
Posts: 253
Thanks: 49
Thanked 73 Times in 44 Posts
Activity: 21%
Longevity: 51%
iTrader: (1)
Default PayPal to offer bank accounts

https://www.engadget.com/2018/04/10/paypal-traditional-banking-services/

Maybe this is why all the changes lately
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 04-17-2018
slokor's Avatar
Executive [VIP]
 
Join Date: Aug 2008
Posts: 8,270
Thanks: 283
Thanked 1,936 Times in 1,420 Posts
Activity: 98%
Longevity: 88%
iTrader: (89)
Default Re: PayPal to offer bank accounts

Couldn't help but laugh at that.
Sure. Ill trust paypal with my paycheck. LOL!!!
__________________
USA SELLER ACCOUNT EXCLUSIVES: 1,000/$100,000 AND 5,000/$500,000 - AGED!
ENTER MY STORE OR CONTACT ME
Reply With Quote
The Following User Says Thank You to slokor For This Useful Post:
GreenBean (04-17-2018)
  #3  
Old 04-17-2018
GreenBean's Avatar
Executive [VIP]
 
Join Date: Sep 2007
Posts: 42,043
Thanks: 5,509
Thanked 9,018 Times in 7,035 Posts
Activity: 39%
Longevity: 95%
iTrader: (6)
Default Re: PayPal to offer bank accounts

Quote:
Originally Posted by slokor View Post
Couldn't help but laugh at that.
Sure. Ill trust paypal with my paycheck. LOL!!!
But I love paypal.

Agreed though.


A giant AS IF.


Reply With Quote
  #4  
Old 04-17-2018
Play's Avatar
Senior Member
 
Join Date: Aug 2012
Posts: 6,034
Thanks: 1,099
Thanked 1,582 Times in 1,283 Posts
Activity: 52%
Longevity: 56%
iTrader: (38)
Default Re: PayPal to offer bank accounts

An interesting read. Seems like everyone is being dished out licenses to make their own bank. Amazon is doing something similar, and now PayPal is following in their footsteps.

I just feel like its a catastrophe waiting to happen, and the number of users on this forum is about to surge, with threads like "My salary has been frozen, and PayPal won't release it for 180 days! Help!!!! my mortgage is due!!!!"
Reply With Quote
  #5  
Old 04-17-2018
Senior Member
 
Join Date: Jul 2017
Posts: 83
Thanks: 2
Thanked 32 Times in 21 Posts
Activity: 4%
Longevity: 17%
iTrader: (0)
Default Re: PayPal to offer bank accounts

I'd trust a homeless person to hold my cash over paypal
Reply With Quote
  #6  
Old 04-17-2018
Junior Member
Threadstarter  
 
Join Date: Mar 2013
Posts: 253
Thanks: 49
Thanked 73 Times in 44 Posts
Activity: 21%
Longevity: 51%
iTrader: (1)
Default Re: PayPal to offer bank accounts

It seems as if they are using other banks to handle different aspects for them. As for freezing the accounts they canít. Banks have standard rules. Canít wait to see them get slammed with fines if they try any funny business.
Reply With Quote
The Following User Says Thank You to RustyShackelford For This Useful Post:
phaz0rz (04-18-2018)
  #7  
Old 04-18-2018
phaz0rz's Avatar
Senior Member
 
Join Date: Nov 2015
Posts: 8,554
Thanks: 1,721
Thanked 3,051 Times in 2,296 Posts
Activity: 77%
Longevity: 30%
iTrader: (2)
Default Re: PayPal to offer bank accounts

I suspected they would move more into traditional banking when the TOS update was announced last month.

BUT, after looking over the article I'm not really seeing anything new. Paypal has always partnered with banks to offer financial products. The bank in Utah the article mentions is the same bank who's always done their working capital loans. What's new here? I was expecting to see something about Paypal becoming an FDIC insured bank.
__________________
____________
_______
___
Reply With Quote
The Following User Says Thank You to phaz0rz For This Useful Post:
e2free (04-18-2018)
  #8  
Old 04-18-2018
e2free's Avatar
Senior Member
 
Join Date: Dec 2014
Posts: 1,451
Thanks: 91
Thanked 253 Times in 232 Posts
Activity: 24%
Longevity: 38%
iTrader: (1)
Default Re: PayPal to offer bank accounts

Nothing seems to be New

They already offering these services

Working capital

Access cards etc
Reply With Quote
The Following User Says Thank You to e2free For This Useful Post:
phaz0rz (04-18-2018)
  #9  
Old 04-18-2018
SaiJin's Avatar
Super Moderator
 
Join Date: Jul 2008
Posts: 7,775
Thanks: 233
Thanked 1,201 Times in 1,014 Posts
Activity: 82%
Longevity: 88%
iTrader: (2)
Default Re: PayPal to offer bank accounts

well, thing is most people who do not know better see paypal as a very safe place to do a financial transaction.

But yea, there'll be a surge of people coming to the forum because of this.
Reply With Quote
  #10  
Old 04-18-2018
phaz0rz's Avatar
Senior Member
 
Join Date: Nov 2015
Posts: 8,554
Thanks: 1,721
Thanked 3,051 Times in 2,296 Posts
Activity: 77%
Longevity: 30%
iTrader: (2)
Default Re: PayPal to offer bank accounts

Quote:
Originally Posted by SaiJin View Post
But yea, there'll be a surge of people coming to the forum because of this.
Why do you think that?
__________________
____________
_______
___
Reply With Quote
Reply



Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
PayPal will soon offer instant transfers to bank Account StealthJet99 PayPal Talk 4 06-21-2017 02:46 PM
Why does no one offer IP with accounts bitbankus IP Address 12 02-18-2017 05:27 AM


Aspkin Group

All times are GMT -5. The time now is 12:55 PM.


Stop the guessing games and learn how you can quickly and easily get back on eBay today!
Read the best selling step-by-step eBay Suspension guide eBay Stealth!
Amazon Suspension? Read Amazon Ghost to get back on Amazon!
vBulletin® Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts