PayPal Launches A Crypto-based App For Customers, For Savings And Direct Deposits


FinTech Company, PayPal announced a partnership with online bank Synchrony Bank to launch a high yield savings account through a new app. It will enable users to access all of the company’s digital financial products including crypto. Also, the new app comes with opportunity for customers to get up to 0.40% percentage annual profit on their savings, and can withdraw the earnings from the savings account to the PayPal balance