Among the many digital platforms, PayPal has become one of the most popular and trusted names. With more than 400 million active users, it offers a secure, reliable, and straightforward way to move money around the globe. In fact, the reputation for safety and ease of use makes it a favourite for online shopping, peer-to-peer transfers, and international payments.
For many newcomers, though, one question pops up right away: “how to send money from PayPal” At first glance, the process might seem a bit tricky—especially if you are used to traditional banking. So, let’s begin and learn the process step by step, highlight the potential downsides, explain how PayPal works, and share the safest practices to keep your transfers secure.
How to Send Money Through PayPal Step by Step?
You must set-up an account to send money through PayPal. It is quite simple to do so here are the steps on how to send money through PayPal:
- Open the PayPal app on your mobile phone.
- On the home page, click on the “Send & Receive.”
- Enter the recipient’s email address, phone number, or PayPal username.
- Type in the amount you want to send.
- After this select whether you want to send it to Friends & Family (personal) or Goods & Services.
- At last, select the funding source the PayPal balance, linked bank account, debit, or credit card.
What Are the Disadvantages of Sending Money Through PayPal?
There are some disadvantages of sending money through PayPal which are mentioned below:
- Fees apply when sending money with a credit card or for business transactions.
- International transfers include conversion charges that can add up.
- Accounts may get temporarily limited if PayPal flags unusual activity.
- Exchange rates may not always be as competitive as other providers.
- Large transactions can attract significant fees, making alternatives cheaper in some cases.
How Does a PayPal Account Work When Sending Money?
It is important how PayPal functions make managing your payments much easier:
- You can either keep money in your PayPal balance or connect it to your bank, debit card, or credit card.
- Payments are made using just the recipient’s email or phone—no need to share sensitive banking details.
- Friends & Family transfers are ideal for personal payments and may be fee-free.
- Goods & Services payments include buyer protection but involve seller fees.
- Recipients get funds directly into their PayPal account and can withdraw them to their bank anytime.
What is the Safest Way to Send Money Through PayPal?
PayPal is built with strong security measures, but a few extra precautions help you stay fully protected. Here are few safety tips to send money through PayPal:
- First of all double check the recipient’s email before sending.
- Use the “Goods & Services” for business transactions because it gives you buyer protection.
- Always on turn on two-factor authentication (2FA) for added account security.
- Furthermore, log in only through PayPal’s official website or mobile app to avoid scams.
FAQ
How much does PayPal charge to send money?
Domestic transfers funded by your PayPal balance or bank account can be free. But payments using credit cards or international transfers usually include transaction and currency conversion fees.
Is PayPal safer than bank transfer to bank account?
Yes, in many cases. PayPal acts as a buffer between you and the recipient, so your bank details stay private. However, for large transfers, banks might be more cost-effective.
Is it a good idea to link my bank account to PayPal?
Yes. Linking a bank account makes adding and withdrawing money easy.
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