Paypal Friends And Family | Through PayPal friend and family option you can send money to your family and friends and can also demand money.
To use the PayPal friend and family option, you must have a PayPal account. Also, you must have a bank account, credit or debit card. Also your bank account, debit or credit card should be linked to your PayPal account.
If you thinks about international money transfer you will find that, PayPal is a major platform for payment transactions in the US and worldwide. PayPal users use the PayPal app or PayPal website for personal and business transactions.
PayPal friend and family option is used for payment transactions between family and friends. But if you are paying a vendor, then the PayPal family and friend option should not be chosen. Because by doing this, the payment made by you becomes unsafe.
PayPal friend and family fee within USA
To send money from PayPal friend family option, you must have a personal PayPal account linked to a bank account, credit card or debit card.
This option is not available in PayPal Business Account.
There is no fee for sending money using this option within us. But if you are using credit and debit cards, then card fee may have to be given to you. These fees differ from country to country.
How to send money from PayPal friend and family option
To use the PayPal friend and family option, both you and the recipient must have a verified PayPal account. If you do not have a PayPal account, you can open a PayPal account by choosing the sign-up option.
Step By Step Guide
You must have the PayPal username of the recipient or the registered email ID or registered phone number in PayPal.
Visit the paypal website @ https://www.paypal.com
Step 1- First of all, you have to login to your personal PayPal account.
Step 2- After logging into PayPal account, click on Send & Request button in the menu bar at the top.
Step 3- A pop-up will open and a payment option will be given. If you are paying a friend or a relative, then you have to click on the sending friend.
By choosing this option, you can send money to your friends and relatives within us and abroad. This option should not be chosen to pay for the purchase of any goods or services.
To pay for goods and services, choose another option, “Paying for an item and service”.
By choosing this option, you get the convenience of PayPal purchase protection and in return you have to pay some fixed charges.
Step 4- In the next step, you have to enter PayPal account identification of the recipient such as PayPal registered email ID, registered phone number or PayPal username.
If you have ever sent money to the recipient before, then in the drop-down you will get PayPal account details of the recipient. Select the ID of the recipient and click on Next.
Step 5– The next step will be in front of you, you have to enter the amount, the currency will be auto-selected, if not you can change it. If you want to write some note for the recipient, then you can write it by clicking on add a note. Then click on Continue.
Step-6 Now the payment preview page will open in front of you. In this section you can check all the details again. If there is some error, you can also change it. If you have not selected your correct payment type, you can update it by clicking Change. For example, if you want to pay for goods and service with the payment type “Paypal Friends and Family”, then you can do this
When you click on Send Payment Now, the money will be transferred from your account to the paypal account of the recipient and the recipient will get a notification in this regard.