In practice, you can think of PayPal Cash as a rebranding of the long-standing PayPal feature of being able to carry a balance. If you accept the new terms for Cash, PayPal works as it always has. I haven't tried this Cash Plus thing, but it appears to resemble a debit card that PayPal has offered in the past. If you decline Cash, and you have a balance, you'll see a button to transfer your entire balance to your linked bank account in one of three ways: Routine wire transfer (no fee; settles over a business day or two) Instant wire transfer (incurs a fee; settles in minutes) Receive a paper check (incurs a fee) This appears if you had loaded your account prior to the Cash changeover or whenever you receive money.
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