|California Regulators, PayPal Reach Settlement|
|News Wire (firstname.lastname@example.org)|
Tue, 12 Jul 2005 12:46:05 -0500
California regulators said on Tuesday eBay Inc.'s PayPal online|
payment service has paid $225,000 to settle alleged violations related
to the use of unapproved receipts and incomplete reporting.
The settlement between the California Department of Financial
The department licensed PayPal to operate as a money transmitter in
The department supervises more than 650 financial institutions and is
Copyright 2005 Reuters Limited.
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