Storing money in bank account Vs storing money in payment processor?

[Passiveearner]

There are so many folks out there who tend to store their money in bank accounts. Similarly, many people may prefer to store money in payment processors like PayPal. So ,when it comes to selecting the rright kind of payment system, what would you choose? A bank account or payment processor like PayPal?

 

[Niyi Briggs]

I prefer to store money in my bank account than a payment processor. Anything can happen anytime to an online processor and everything you have is gone. Remember FXT

 

[eldavis]

Though most of these payment processors tend to give better offers but i think the best would be to store in your bank accounts, it's more safer there than does payment processors.

 

[Stardom22]

For me I would like storing my money in the payment processor. This is because being in the payment processors I have the ease of accessing it and I can easily make transactions for free.

 

[uptrendfinancialsignal]

Personally, I prefer to save my money in dollars in some payment processing than saving it in my local bank account.

 

[Stardom22]

For me I find it more conveniently to save my money in the online payment processors than using the physical banks in my country. This is because I feel my money is safer than otherwise.

 

[Springtime]

I keep some money in my Paypal account. I sometimes use the money to buy online. When the money in my Paypal accumulated to a certain level, I transfer some of them to my bank account.