1053
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 23 Dec 2024
1053 points (97.1% liked)
Technology
60130 readers
2812 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 2 years ago
MODERATORS
In certain countries they fall under quasi-bank regulations eg. "PayPal Australia Pty Ltd (PayPal) is a limited Authorised Deposit-Taking Institution (ADI) with authority to provide purchased payment facilities (PPFs)."
That gives some measure of protection on how they handle your funds, but holy shit I would not keep any money in a PayPal account for any longer than absolutely necessary. I use it as a convenient intermediary between my actual card and sellers, no more than that.