PayPal is definitely a great payment gateway for anyone doing business online. It's trusted, secure, and easy. Is PayPal a bank? This answer could vary, but no it's not. Although it's pretty darn close to being once considering how easy they have made it for you to earn a return on your money as well as access your money at ATMs, stores, etc. This is a cost of doing business and many people neglect to realize this. I lose hundreds, if not thousands in PayPal fees. Does it irritate me? Let's just say I wish I didn't have to absorb these fees, but it's business bros (and sis')!