Free Paypal Business Ebook
No matter what you might have thought or what you’ve heard, PayPal is not a bank. It’s not a credit card merchant, a credit union or even a financial institution. PayPal is nothing more than a very successful and popular e-commerce business that allows its customers to make payments and to transfer money from one user’s account to another. They are a payment processing company.
To most people there is no real distinction between being a payment processing company and being an actual bank, but for those of us who make our living online, it is vital to know the difference between the two and what it means to protect ourselves for our businesses to continue profiting......
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