Is PayPal a payment gateway or processor?

PayPal is a payment gateway and processor. This means that PayPal helps facilitate payments between merchants and their customers by acting as an intermediary.

PayPal also processes payments for its customers, which means it takes care of the details related to completing a payment, such as authorizing and processing the transaction. PayPal is one of the most popular payment gateways on the internet, and is used by millions of merchants and consumers worldwide.

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