Government Stimulus Payments Can Be Deposited Directly Into PayPal Accounts

The company was also approved by the Small Business Administration to take part in the Paycheck Protection Program

PayPal's campus in San Jose, Calif. PayPal

PayPal detailed two initiatives related to the coronavirus pandemic: One aimed at helping customers tap into their government stimulus payments, and the second to provide access to small business loans through the Small Business Administration Paycheck Protection Program. David Cohen is editor of Adweek's Social Pro Daily.