PayPal Waiving Fees for Upcoming Stimulus Checks

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PayPal Holdings (NASDAQ: PYPL) is giving its clients a break for the holidays. The company announced that it will charge no check-cashing fees for the stimulus checks that will (hopefully) be sent to all Americans soon. Typically, the company’s cash-a-check feature generates a fee for this action.

Similar to services offered by traditional banks these days, cash-a-check allows PayPal account holders to snap a picture of their check and upload it through the company’s system. Funds are then disbursed. 

Image source: Getty Images.

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