Transfer money with PayPal – this is how it works

by Pramith

With the online payment service PayPal, you can also transfer money directly – in a matter of seconds. You can find out how to do this step by step here.

Transfer money in a flash with PayPal

With PayPal, you can send money to friends and strangers with just a few clicks. For this, both people need a PayPal account. The transfer is completely free, there are no fees for private transfers. All you need is the recipient’s name, email address or mobile phone number.

  • After you have logged into your PayPal account, click on the “Send money” tab in the menu bar. If you have a PayPal business account, you will find the option to send money in the “Tools” tab.
      • Finally enter the amount to be transferred and confirm your details again.
      • Since the update 5.5 for Android smartphones and the update 5.4.4 for IPhones, the money transfer service also works with mobile phones.
      • The service is offered free of charge to customers in Germany. However, to be on the safe side, you should check the PayPal website before making a payment. The fee structure is subject to change at any time.

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