PayPal then sends this money to the recipient’s PayPal account. From there, the recipient can choose to spend the money via PayPal or transfer it to their bank account or debit card.

PayPal said on Friday it received a civil investigative demand from the U.S. Consumer Financial Protection Bureau related to its app Venmo’s alleged unauthorized fund transfers ...

You can transfer money instantly from your PayPal account to a linked bank account or debit card for a 1.75% fee, with a minimum fee of 25 cents and a maximum fee of $25. If you don’t mind ...

PayPal is positioning Venmo as the "go-to money movement app" by driving in-store and online spending, boosting merchant adoption, and keeping more funds on the platform. Facing competitors like ...