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Home Is PayPal based in Luxembourg/Does Luxembourg use PayPal?
10 May 2023 By PAYCEC
Yes, Paypal is available in Luxembourg.
In 2007, PayPal received an EU credit institution license in Luxembourg, and the Commission de Surveillance du Secteur Financier (CSSF) became the home state’s competent authority. This license was later passported into EU member states under the freedom to provide services.
PayPal in Luxembourg offers a safe and easy way for anyone with an email address to send and receive online payments. PayPal provides a dependable, global, real-time payment solution leveraging pre-existing financial infrastructure such as bank accounts, credit cards, and advanced proprietary fraud protection technologies.
Creating and requesting payments online is fast and easy with PayPal in Luxembourg. By signing up and entering your bank account and credit or debit card details, you can add multiple payment methods to your account.
When shopping online, the PayPal logo will be displayed on the participating seller’s website. To pay using this service:
- Click PayPal when making a payment.
- You must be logged in to your account to confirm your payment.
- After confirmation, the software deducts the amount from the wallet.
There is a fee to receive money into your account. However, most other uses and services are free. You will not be charged unless your transaction requires currency conversion.
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