How do you transfer money to family and friends? If you’re lucky (and smart) you wouldn’t engage in those type of activities. My mom always says, “Don’t loan and don’t borrow.” #agree! But, in some cases you don’t have a choice. Maybe someone buys a concert ticket for you so you can sit together or maybe you pay someone to watch your child.
PayPal just launched a new way to pay called PayPal.me and you can claim your site name (i.e. paypal.me/brialys) NOW by visiting this link. The service works similarly to Square Cash, which we’ve discussed before. You get a personal link people can use to pay you money. The downside? You will have to log in to your PayPal account and manually transfer the funds to your desired account and this transfer could take 2-3 days, depending on your bank. As a Chase customer, the reason I prefer Square Cash is that there is no “delay”, at least in seeing the + or – activity in my account – it shows up immediately. But this could vary depending on your bank. Also, both parties are required to have a PayPal account. #fail IMHO Square Cash is still much better.