PayPal is ready to get into traditional banking with debit cards, loans and more

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PayPal is looking to expand its services and gain a foothold in more traditional banking services, according to a report from the Wall Street Journal. The company has been testing a number of offerings in the US over the last few months, including debit cards, ATM cards, and services such as check depositing via photo. PayPal has teamed up with small banks to offer different services as it tries to lure in more business. The Wall Street Journal reports that PayPal has trialled adding a range of banking services to users’ digital wallets, offering debit and ATM cards in addition…

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