Transfer money with PayPal - how it works

The well-known online payment service PayPal attracts with a new offer: You can now transfer money directly with PayPal - in a matter of seconds. This practical tip shows you how to transfer money quickly with PayPal.

Transfer money instantly with PayPal

A note in advance: You can only use the new PayPal service if the recipient of the money also has a PayPal account. Your account must also be covered accordingly.

1. After you have logged into your PayPal account, click on the "Send money" tab in the menu bar.
2. Then decide on the "Send money online" option and enter the recipient's email address.
3. Finally, enter the amount to be transferred and confirm your details again.
4. Since the 5.5 update for Android smartphones and the 5.4.4 update for IPhones, the transfer service has also worked with mobile phones.
5. The best for last: the service is offered to customers in Germany free of charge. For safety's sake, however, you should inform yourself again on the PayPal website whether this has not changed in the meantime.

If you want to reset or cancel your PayPal limit because of the new service, you should read on.