How to Use Paypal to Send Money
Paypal can be a useful account to have, especially if you buy on the Internet. Many sites accept Paypal as a payment option. All you need to do is sign up for a Paypal account and add a credit card or bank account. Then you can use it for buying items, sending money and paying bills. Read on to learn more.
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Instructions
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Go to the Paypal site.
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Sign up for an account. If you are using Paypal to send or receive money, there are no fees. In addition, Paypal pays dividends on the money you have in your account.
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Add a credit card if you are going to make purchases with your Paypal account. This way if you don't have enough money in your Paypal account for a purchase you can always use your credit card. Paypal will bill your account. You can also send money this way.
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Put in your bank account information. Letting Paypal have your bank information allows you to pay or send money using your checking or savings account, if you don't have enough money in your Paypal account. Alternatively, if the merchant only accepts Paypal then you can transfer funds to your Paypal account and then pay through this.
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Use PayPal to send money to your family and friends. PayPal makes your life easier. You have 100% protection against unauthorized payments sent from your account. On top of this, they pay you interest on the money that you have in your account.
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Tips & Warnings
If you are working on the Internet, some companies pay you through Paypal. Also, if you are required to send them money, Paypal may be the only choice you have.
You can send money to yourself or withdraw it, if you find you have more in your account than you want to keep there.
Don't forget Paypal pays you interest.
Once you have put in your credit card and bank information you can send money to anyone using Paypal without giving your credit card and bank information.
