Walk Through The New Features In Paypal S Updated App
Most notably, PayPal is partnering with Synchrony Bank to offer its customers savings accounts with “PayPal Savings.” Users can easily move money between their PayPal Savings and PayPal balance to make payments. There are no minimum balance or monthly fees required for these accounts, and they will have a 0.40 percent Annual Percentage Yield (APY), which the company says is competitive compared to the national averages. And like a regular bank, PayPal will provide interest payments to customers at the end of their statement period monthly....