Is PayPal allowed in Brazil?

Could you please clarify for me whether PayPal is permissible for use in Brazil? I've heard conflicting information regarding its availability in the country, and I'm seeking a definitive answer. Is it legal and acceptable to utilize PayPal services in Brazil for transactions, payments, and other financial activities? Could you also elaborate on any potential restrictions or limitations that might apply to its usage in the country? Thank you for your assistance in clarifying this matter.