Learning how to send money on PayPal without fees is a helpful skill to have when you need to transfer money to a friend or family member.
When it comes down to it, there are never fees for the sender in PayPal as long as no currency conversion is needed. Recipients of money on PayPal, however, can incur fees when receiving money if the money was sent in exchange for good or services.
If you are buying a product or service on PayPal, the person or organization receiving the money will incur a fee but, as the sender, you will not.
When sending money on PayPal, it’s important to let PayPal know what type of transaction you’re making. Depending on which option you choose, the recipient may or may not incur fees.
So, if you’re sending money to friends or family members in PayPal, you need to make sure you select the right option when initiating the transfer.
Send money in PayPal as a friend or family member
When you go to send money in PayPal, you’re asked if you are “sending to a friend” or “paying for an item or service”. To avoid fees, you must select the “sending to a friend” option.
- While logged in to a PayPal account, click on Send money from the “Quick links” section.
- Enter the name, username, email address, or mobile number for the person that you would like to send money to.
- Enter the amount that you’d like to send and verify the recipient’s name and country of residence.
- Choose the Sending to a friend option when prompted.
- Choose a payment source for the money transfer.
- Verify the transfer details and click Send Payment Now.
The steps for sending money for free in PayPal on a mobile device are essentially the same once you click on the Send money option in Android or iOS.
It’s important to note that in order to send money in PayPal without a fee, you must have a debit card (checking account) connected to your PayPal account. Money sent via credit cards still incurs a transaction fee in PayPal even when the money is being sent to a friend or family member.
