What is PayPal and how does it work?

PayPal is the faster, safer way to send money, make an online payment, receive money or set up a merchant account.

What if I don’t have an account with PayPal?

*If you don’t have an account, you can sign up for PayPal for free. Must have a PayPal Cash or PayPal Cash Plus account to maintain and use a balance with PayPal.

Is it free to send money to a friend on PayPal?

It’s free to send money to friends and family in the U.S. when you use your bank account or PayPal Cash or PayPal Cash Plus balance.*. Send Money Now. *If you don’t have an account, you can sign up for PayPal for free.

So what exactly is PayPal? PayPal is a financial tool that lets you conduct transactions online without entering your financial details into every website you deal with. Link your credit card and/or bank account to PayPal, and then add to (or withdraw from) a secure money pool, shop at retailers who accept PayPal, or send money to other users.

Why am I being charged a PayPal link and confirmation fee?

This fee is charged when a transfer out of PayPal is attempted by a user and it fails because incorrect bank account information or delivery information is provided. Some users, in order to increase their sending limit or as PayPal may determine, may be charged a credit card and debit card link and confirmation fee.

What is PayPal authorization and how does it work?

That’s right; authorization of your PayPal account is all that you need to seal the deal! So what exactly is PayPal? PayPal is a financial tool that lets you conduct transactions online without entering your financial details into every website you deal with.

What are the fees for withdrawing money from PayPal?

3.00%, or such other amount as may be disclosed to you during the transaction. You can typically withdraw money out of PayPal by standard withdrawals/transfers to your linked bank account or eligible cards. A currency conversion (and currency conversion fees) may also apply.