jeblynwood
Joined: 13 May 2013
Posts: 10
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 Posted: Mon May 13, 2013 7:56 am Post subject: How to Use PayPal for Online Gambling Fun |
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PayPal is technically not a bank. However, some federal agencies assert that PayPal is indeed a banking institution, because of the way it manages financial transactions and retains funds for lengthy periods. PayPal objects to this characterization, saying that, because it does not charge interest or account fees and lacks a banking charter, the government should not designate it as a bank.
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