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First Internet Bank to acquire Georgia bank
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First Internet Bank to Acquire Georgia Bank
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SAN JOSE, Calif., Dec. 22, 2020 /PRNewswire/ With the recent passage of the second COVID-19 relief bill which included stimulus payments for individuals, PayPal Holdings, Inc. (NASDAQ: PYPL) has today announced that check-cashing fees associated with the PayPal cash-a-check feature are being waived for government stimulus paper check recipients, enabling more customers to access their funds usually within minutes, from the safety of their own home, free of charge.
Additionally, those customers who used the PayPal or Venmo Direct Deposit feature to receive a stimulus payment in the first round of stimulus payments earlier in 2020 will automatically receive their payment directly through PayPal or Venmo again, if they re eligible for a second payment. The IRS has advised that the original Direct Deposit details on file will again be utilized to issue this round of stimulus payments.
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