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PayPal
paypal.comSummary
Ask questionsPayPal is a digital payment platform that enables users to send and receive money, manage their finances, and make online and in-store purchases. It offers features such as a debit card, direct deposit, and cryptocurrency services, alongside various payment solutions for businesses.
Features8/12
See all8/12
Must Have
4 of 5
Instant P2P Transfers
Prepaid Debit Card (Cash App Card)
Early Direct Deposit
Bitcoin Trading
Commission-Free Stock Trading
Other
4 of 7
Fraud Monitoring & Security
High-Yield Savings
Pay Over Time (Afterpay)
ATM Access & Fee Reimbursement
Round-Up Savings
Instant Discounts & Offers
Customizable Card Designs
PricingFreemium
See allFreemium
Personal Use (Free Core Services)
$0.00 one time
- Domestic P2P transfers (from balance/bank)
- PayPal Debit Card (no monthly fee)
- PayPal Cashback Mastercard (no annual fee)
- ATM access (fee-free at US MoneyPass ATMs)
- Early Direct Deposit
- Savings and goals
- Fraud monitoring & security
- Round-Up Savings
- Instant discounts & offers
- Fees apply for card-funded domestic P2P transfers
- Fees apply for international P2P transfers
- Fees apply for non-MoneyPass ATM withdrawals
- Fees apply for cash reloads
- Fees apply for cryptocurrency transactions
Personal Use (Card-Funded Domestic P2P)
$2.90 per use
- Domestic P2P transfers funded by another card
PayPal Debit Card (ATM Withdrawal)
$2.50 per use
- Cash withdrawals from non-MoneyPass ATMs
- Up to $400 USD daily withdrawal limit
PayPal Debit Card (Foreign Transaction)
OTHER 2.50 per use
- Foreign purchase transactions
Cash Reload (PayPal Debit Card)
$3.95 per use
- Add cash to PayPal balance at retail locations
Buy Now, Pay Later (Pay in 4)
$0.00 one time
- Split purchases into 4 interest-free bi-weekly payments
- Purchases from $30 to $1,500
- Purchase Protection included
- Not available in MO or NV
- May not be available for certain recurring/subscription services
Buy Now, Pay Later (Pay Monthly)
Custom
- Monthly installment plans (3, 6, 12, or 24 months)
- Purchases from $49 to $10,000
- Purchase Protection included
- Subject to consumer credit approval and eligibility
- Not available in AK, CT, HI, NC, or NV
- May not be available for subscriptions or recurring payments
- Missed payments may impact credit score
Cryptocurrency Trading
Custom
- Buy, sell, send, and hold Bitcoin, Ethereum, PayPal USD (PYUSD), and more
- Use crypto for purchases at millions of merchants
- Volatility and risk of losses
- Tax consequences may apply
Selling (Goods & Services)
Custom
- Accept payments for products and services
- Seller Protection on eligible transactions
- Create and send professional invoices
- Accept in-person payments with QR code
- Cross-border fees apply for international currency payments (standard fee + additional fixed fee based on currency)
Rationale
PayPal offers a comprehensive suite of financial services that align well with the features of Cash App. It provides instant peer-to-peer transfers, a debit card, early direct deposit, and cryptocurrency trading (including Bitcoin). Additionally, PayPal emphasizes fraud monitoring and security, offers 'Buy Now, Pay Later' options, and provides ATM access with potential fee reimbursement. While it doesn't explicitly mention commission-free stock trading, the other core functionalities are present.
