Money transfer apps can be magnets for scams and fraud, but there are ways to use them safely.
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Should you replace your bank account with PayPal?
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 ...
PayPal remains one of the most widely used digital payment platforms, thanks to its versatility and user-friendly interface. Among its many features, PayPal Friends and Family is a simple, low-cost ...
Update, Mar. 1, 2025: This story, originally published Feb. 28, now includes details of a new PayPal “no code checkout” scam. Hot on the heels of Google confirming that it is replacing the use of SMS ...
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