How to Send Money Using PayPal: A Complete Step-by-Step Guide
How to Send Money Using PayPal: A Complete Step-by-Step Guide
The money transfer with PayPal have become quite simple. It is no longer limited to checks, cash, or wire transfers alone, PayPal have made this process secure and simple. However, many new users often wonder how to send money using PayPal. The PayPal seamlessly connects with bank accounts, debit cards, and credit cards for easy transfers with just a couple of clicks. This is perfect for last-minute gift giving or fund transfers abroad.
Have you ever found yourself asking “how can I transfer money via PayPal” If this question crossed your mind before PayPal provides the answer. So, let’s begin and learn more about the sending money with PayPal, such as how you can open an account, sending funds (both domestically and internationally) via their various services, setting up payments (such as between friends/family/goods/services etc) as well as international transfer via PayPal.
You should choose the PayPal for sending money because of the below mentioned reasons:
PayPal can be found in over 200 countries and supports multiple currencies.
PayPal uses encryption technology to protect your financial data so you do not directly disclose bank or credit card accounts or account numbers.
Domestic payments tend to be instant. International bank transfers tend to be quicker.
PayPal and debit/credit cards offer you flexible payment solutions.
All that is necessary to send someone money via PayPal is their email address or mobile phone number associated with their PayPal account.
If you want to send money using PayPal there are certain steps you need to take. Here is how to send money using PayPal:
Go to the PayPal.com or install the mobile app. After that create or log into your PayPal account. For this you need to simply provide your email address, create a strong password, and link a bank account or credit card.
After this go the “Send & Request” section.
Here enter the recipient details such as email or PayPal registered mobile number.
Enter the amount that you would like to transfer.
After this select how you would like to pay, from PayPal balance, deposit/credit accounts, bank account cards, or PayPal credit.
At last, review all the details before you confirm the transfer.
If you do not already have an existing PayPal login, then directly money transfers using PayPal are not possible. However, in certain countries they provide what is called PayPal guest checkout which operates as follows:
Your recipient sends you a PayPal bill or invoice.
Your debit or credit card allows you to make payments directly without needing to open an account.
One-time payments may work just fine; however, for ongoing transfers it is essential to open a separate account.
If you want to send money using PayPal to another account, you need to take the below mentioned steps:
Log in, and click on the Send & Request button.
After this enter recipient’s PayPal email address, or phone number when making payments through this platform.
Choose Friends & Family or Good & Services as gifts.
Enter the desired amount and confirm.
PayPal is among the easiest and fastest ways to send money abroad. Here is how it works:
Log In - Send and Request.
With their details provided by you, send and request can begin.
Select your country and currency.
Pay with PayPal Balance, Bank account, or Credit card.
Confirm.
Yes, you can use PayPal to transfer money internally. PayPal accepts international transfer for any country supported. However, fees may apply when paying with a credit card and should always be checked before sending money across borders. So, the short answer to "can I use PayPal to transfer money internationally" is an emphatic yes - however it is always wise to carefully examine fees and exchange rates prior to sending.
Friends & Family option is ideal for personal transportation needs. Here is how to send money via PayPal friends and family:
Visit Send & Request and enter recipient details, selecting to send to an individual person.
Choose an alternate funding source (balance or bank) to reduce fees.
Confirm.
By doing this, the beneficiary receives their entire benefit without any deductions or restrictions.
If you have PayPal Credit available to you, simply choose it as the payment source during checkout to send money quickly.
Pay someone using PayPal by selecting Send and Request, entering their phone number or email address, selecting their preferred payment method and amount, entering quantity information, and clicking Confirm.
Needed: Their PayPal-registered email address or telephone number. Afterward, select their preferred payment method before making payment through Send Money tab.
Sign in, select Send & Request, fill in recipient details and choose payment method; confirm.
Use Friends & Family for personal transfers as well as Goods & Services purchases.
If eligible, PayPal Credit will appear as one of your financing sources and allow you to select it as the one most suitable to you.