PayPal bank transfer – this is how it works

by Pramith

ourceURL:about:blank You can transfer money using the online payment service PayPal. You can find out how to do this step by step here.

PayPal Money transfer with the browser: Step-by-step instructions

With the help of PayPal, you can easily send money to friends and strangers in a matter of seconds. For this, it is necessary that both parties have a PayPal account. The transaction can be carried out conveniently via the computer on PayPal’s official website.

  • Before you can make a money transfer with PayPal, it is necessary for you to sign up.
  • Click on “Send money”.
  • Enter the person (username, email or mobile number) and confirm the step by clicking “Next”.
  • Enter the amount and confirm the process again with “Next”.
  • Select the payment method. There are no payment fees with Friends and Family within the EU. If you use the Goods and Services payment method, a fee will apply. In return, you benefit from PayPal’s buyer protection. When using this payment method, make sure that your delivery address is entered correctly.
  • Adjust the payment source if necessary and send the payment with “Send”.

To transfer the money via the app

If you want to transfer money quickly by mobile phone when you’re on the move, PayPal offers you the opportunity to do this easily via the free app.

  • Open the PayPal app, log in with your access data and tap on “Send”.
  • Enter the person in the search box (username, email address or mobile phone number).
  • Tap on the recipient.
  • Enter the desired amount. If you wish, you can also leave a message. Finally, confirm the process with the “Next” button.
  • Select the payment method and continue with “Next”. There are no payment fees for friends and family within the EU. If you use the Goods and Services payment method, a fee will apply. In return, you benefit from PayPal’s buyer protection. When using this payment method, make sure that your delivery address is entered correctly.
  • Adjust the payment source if necessary and send the payment with “Send”.
  • Finally you will receive confirmation that the money has been sent.

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