Lately our area has had a rash of card skimmer attacks at gas pumps and ATM machines. We use our PayPal debit card on a daily basis and keep the majority of our business funds there. We are concerned that if we are victimized is our money protected from fraudulant charges? We have not established a business bank account, and basically use PayPal as our business bank account. ~ What type of protection does PayPal have for money? ~ Is PayPal covered by FDIC? ~Is there a similar insurance program for deposits made to PayPal accounts?
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