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How To Put Money In A PayPal Account

How To Put Money In A PayPal Account

PayPal is a financial organization which allows individual account holders to transfer money between themselves or to pay and receive payment for products and services. Whether you are depositing money into your own personal account or paying for a product by putting money into another PayPal account holders' account, the process is simple for both individuals and businesses. There are a number of flexible ways for how to put money in a PayPal account.

Putting Money Into Your Account

For both new and existing users, accounts need to be verified after creation and tied to a bank account to facilitate fund transfers. Log in to your PayPal account as normal, which will show your current balance and will place you under the "My Account" tab section. Next to "Overview" you will click on the "Add Money" option.

You should already have one attached "verified" account with which to transfer money from such as a checking account. If not, you can add an additional bank account from which to transfer funds by clicking on the "My Account" tab and then clicking on "Profile" to update your account information.

Enter the exact numerical amount you wish to transfer by typing the dollars and cents into the necessary field. Once you've entered the correct dollar amount click the "Submit" button to process the money transfer.

Putting Money Into Someone Else's Account

If not already logged in, sign in to your PayPal account. Once successfully signed in you will appear on the account overview screen which will show your existing balance and provide additional options.

The second tab next to "My Account" is the "Send Money" option which you will click on in order to make payment or send money to other PayPal account holders. Enter the e-mail address of who will be receiving the money and directly below that field enter the amount in dollar and cents you wish to send.

Click on the appropriate radio but option to specify whether or not you are paying for goods or services or sending money to family or friends. Once you have the form filled out you can click on the "Continue" button. This will take you to a review screen where you can confirm all the information is correct and then click on the "Submit" button to process the transfer.

If any part of the money transfer is not correct you can click on the "Back" button to make any modifications before resubmitting your form to process the transfer.

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