PayPal is the most popular digital payment system in the world, mostly used to send and receive money or make online purchases. Setting up a PayPal account is easy and free, and can be accessed online ...

PayPal can be used like a bank in some ways, with tools for spending, saving and accessing cash — but it’s a fintech company, not a regulated bank. Some PayPal funds are FDIC-insured up to $250,000 ...