Thanks for taking the time to reply. In the UK, PayPal is regulated by the Financial Conduct Authority. As part of this regulation, PayPal needs to ringfence customer's money into a separate account, away from their own working capital. So, if anything should happen to PayPal, they can't use their customer's money and it should be kept relatively safe. For example, Wise ringfences money into a separate account with Barclays. Most digital accounts, at least in the UK, tell you which accounts they use. It just seems that PayPal doesn't.
... View more
