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0 pointsgruez7y ago0 comments

you can transfer free between friends using services like paypal, doesn't that count?

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baq7y ago

paypal isn't a bank, though.

PayPal is registered as a bank in the EU, in Luxembourg if I am not mistaken.

gruezOP7y ago

GP mentioned:

>free transfers between bank accounts

does it really matter if it was done through some third party service?

Absolutely, given that Paypal can freeze your money indefinitely for arbitrary reasons (and has a long history of doing so).

Why put another potentially malicious, rent seeking third-party between you and your friend's banks?

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