Paypal

You’re our first priority. Every time. We believe everyone should be able to make financial decisions with confidence. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward — and free. So how do we make money? Our partners compensate us. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Our partners cannot pay us to guarantee favorable reviews of their products or services. Yuliya Goldshteyn is a banking editor at NerdWallet. She previously worked as an editor, a writer and a research analyst in industries ranging from health care to market research. She earned a bachelor's degree in history from the University of California, Berkeley and a master's degree in social sciences from the University of Chicago, with a focus on Soviet cultural history. She is based in Portland, Oregon. APY 4.30% SoFi members with direct deposit can earn up to 4.30% annual percentage yield (APY) on savings balances (including Vaults) and 1.20% APY on checking balances. There is no minimum direct deposit amount required to qualify for the 4.30% APY for savings. Members without direct deposit will earn 1.20% APY on all account balances in checking and savings (i...

• PayPal is an online payment platform that facilitates payments between individuals and businesses. • PayPal was a subsidiary of eBay but was spun off into a separate company in 2015. • In addition to online payments, PayPal offers a debit card for payments, credit card readers for use in businesses, and lines of credit. • PayPal is considered a very secure method of sending payments online. How Does PayPal Work? PayPal offers payment services for consumers and for merchants who accept Paypal. Merchants use a PayPal card reader in brick-and-mortar stores or enable Paypal as a payment option on their websites. There is no fee for using PayPal to pay for a transaction if you use a PayPal balance or your linked bank account and the payment is in your home currency. There is no fee if you send cash to a friend or relative rather than a business, again in your home currency. There's no fee for transferring money to and from PayPal and your bank account. • There's a 4% currency conversion fee for most transactions that involve conversion. • A PayPal transaction that uses your linked credit card incurs a fee of 2,9% plus a fixed fee that varies by country. It is 0.30 cents in the U.S. The trick here is to make sure your PayPal account defaults to your checking account, not to your credit card. PayPal vs. Its Competitors PayPal now holds a 32.3% share of the global market for online payment services. That still leaves it trailing the combined numbers of Stripe and Stripe Connect,...

Now there’s more ways to PayPal— buy, sell, send, receive and explore all in one place. It’s a simple and secure way to get paid back for last night’s takeout, send money to friends who have an account with PayPal, buy and checkout with crypto, manage your bills and more. Plus, we’ve added some new features we think you’ll love. *NEW* FIND DEALS RIGHT IN THE APP • Get exclusive deals curated just for you right in the PayPal app. • Earn cash back when you shop in the app. • Multiply your rewards. Earn them with merchants, your credit cards, and with PayPal. All rewards programs are subject to applicable terms. PAY IN 4 WITH PAYPAL • Buy now and pay later by splitting your purchase into 4 interest-free payments at millions of online retailers with no late fees. • Just choose PayPal at checkout and select ‘Pay Later’, where you’ll see ‘Pay in 4’ as a way to pay. • Make the down payment today and pay the rest in 3 payments—one every two weeks. • Payments are easy to manage through the PayPal app and on PayPal.com. Loans to California residents are made or arranged pursuant to a California Finance Lenders Law License. PayPal, Inc. is a Georgia Installment Lender Licensee, NMLS #910457. Learn more at paypal.com/payin4 CRYPTOCURRENCY • Buy, sell and hold Bitcoin, Ethereum, Bitcoin Cash and Litecoin in the PayPal app. • Now you can check out with crypto when you pay with PayPal at millions of online merchants. PayPal Balance account requir...