Question: What is a major difference between PayPal and banks in handling payments? 1) PayPal is less regulated than banks 2) PayPal cannot handle cross-border payments

What is a major difference between PayPal and banks in handling payments? 


 1) PayPal is less regulated than banks 


2) PayPal cannot handle cross-border payments 


3) PayPal has less security controls than banks


 4) PayPal requires all users to have bank accounts

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