Gifting $$ on PayPal
TheAlyssadon
Active DPF Member
- Messages
- 1,385
- Location
- Chandler, AZ
Hi everyone!
Did you know you can gift money to other through PayPal without either of you needing to pay a fee?
I don't know if this has been brought up before but I thought I'd mention it just in case... and save everyone some cash! So when you send through PayPal,it often goes to your default payment method, which in many cases is your debit/credit card. When you are sending funds and you get to the screen that confirms the transaction (the one before you post) you have the option of changing you payment method. You can choose an instant transfer from your bank or PayPal account, or if that's unavailable, an e-check, which usually takes a couple days to clear your account (the seller will see they've been sent a check, but it won't show in their account until it has cleared your). Either way, you pay $0 in fees on both sides!
I hope this helps anyone who may not have noticed this was available to them. Have a great day everyone!
Did you know you can gift money to other through PayPal without either of you needing to pay a fee?
I don't know if this has been brought up before but I thought I'd mention it just in case... and save everyone some cash! So when you send through PayPal,it often goes to your default payment method, which in many cases is your debit/credit card. When you are sending funds and you get to the screen that confirms the transaction (the one before you post) you have the option of changing you payment method. You can choose an instant transfer from your bank or PayPal account, or if that's unavailable, an e-check, which usually takes a couple days to clear your account (the seller will see they've been sent a check, but it won't show in their account until it has cleared your). Either way, you pay $0 in fees on both sides!
I hope this helps anyone who may not have noticed this was available to them. Have a great day everyone!