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  2. Mar 29, 2024 · However, while PayPal offers some bank-like features, PayPal is not a bank and it doesn’t provide the same range of financial services. Depending on what you need from your banking...

    • Ben Gran
  3. Aug 19, 2024 · To use PayPal in Canada, create a PayPal account and sign up for either a personal or business account. Link your PayPal account to your bank account, credit card or debit card.

    • Lissa Anderson
  4. Aug 10, 2023 · No, a PayPal account is not a bank account, but PayPal does partner with a few different banks to provide select banking products and FDIC protection to customers who get these products. With PayPal’s many features, you can use your account much the same way as you can a checking account.

    • Andrea Norris
  5. Oct 31, 2023 · PayPal has strategically partnered with various banks around the world to support its financial operations. The specific bank that PayPal uses can vary depending on the country or region. However, one notable bank that PayPal has collaborated with is JPMorgan Chase & Co.

  6. May 12, 2023 · You must have a Canadian bank account linked to your PayPal ¹ account. You can also use PayPal with a credit or debit card associated with your PayPal account. Once this is done, you can send money from your bank directly into someone else's PayPal wallet or receive payments into yours.

  7. Even if they don't have a PayPal account, they can open quickly, for free. Link your bank, credit or debit card to your PayPal account. Start managing all your finances in one safe place today. Create your account today.

  8. Mar 7, 2022 · To use PayPal to send and receive money and make payments online, you’ll need to connect a bank account, credit card, or a debit card to your account.

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