Frequently asked questions
Does Elon Musk own PayPal?
PayPal (former Confinity) was acquired by the x.com company, which Elon Musk founded.
Do I need a bank account for PayPal?
No, you do not need to have a bank account to make a payment. But, if you want to transfer your money to your bank account, you will be asked to link this card to PayPal.
Can I use PayPal without creating a PayPal account?
You cannot use any PayPal services without your personal account. So, if you do not have it, you can easily create it on the official company’s website.
How can I use PayPal without a banking card?
You can only receive monetary funds on your PayPal account. If you want to transfer your money from the PayPal account to your bank account, it is required to link PayPal with your banking card.