PayPal is a popular online payment system that allows users to make payments without the need for a bank account or a credit card. PayPal allows users to send and receive payments through its website and mobile apps. PayPal also allows users to pay for goods and services with PayPal Credit. PayPal Credit is a loan product that allows users to borrow money from PayPal to cover the cost of a purchase.
When borrowers repay their PayPal Credit loan, PayPal returns the original amount of the loan plus interest. PayPal also offers PayPal Cash, which is a reloadable virtual debit card that can be used to make purchases online and in physical stores. PayPal Cash can be used to withdraw cash at ATMs and to pay for items in store.
