PayPal.Me launches to make it even easier to send money to friends

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paypalme_phone_computer

PayPal has launched a new service called PayPal.Me that they say will make it easier to send or collect money from anyone using your PayPal account. The new service works by letting users sign up for a customized PayPal.Me URL that is linked to their PayPal account. Once setup, users can just share that custom URL. The recipient can hit the link, enter the amount they want to send, and PayPal handles the rest. The new service will compete against offerings like Square's $Cashtags in facilitating quick transfers between users.

In order to use PayPal.Me, both sides of the transaction have to have PayPal accounts already setup. Since the accounts already exist, the transfer of funds should only take a few seconds. If you happen to share the link with someone who does not have an existing PayPal account, they will have to spend the time to set one up. The good news is that the link will work across all devices, both mobile and desktop, and does not require a specific app.

If you are interested in setting up your own PayPal.Me link, hit the source link below.

paypalme_phone_screenshot

source: PayPal.Me

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