PayPal is a common and popular way to send and request payments all over the globe. If you shop online, you’re likely already familiar with how to make a purchase using PayPal. But it’s also possible to use PayPal to make a payment even if you don’t have a PayPal account yourself.
PayPal can also be an expensive choice if you need to make payments internationally, whether or not you have an account with them. For international payments, in particular, you could save a lot of money if you choose an alternative provider, such as TransferWise. More on that later.
This article will touch on:
The catches to using PayPal internationally
What you should know if you’re sending money to a business through PayPal
How to send money through PayPal using your account
A table with the pros and cons of each different payment method
How to send money through PayPal without an account
How to send money through PayPal using your account
You can make a payment easily using PayPal if you’ve received a money request or invoice. Or you can set up the payment yourself as long as you have the email address or telephone number of the person you want to pay. Here’s how.
Step 1: Start the payment
If you’ve been emailed an invoice or money request, you’ll simply need to click on the ‘Pay now’ button to get started. Depending on the device you’re using, you might then be asked to log into your PayPal account before progressing.
If you need to start the payment yourself, you’ll need to log into your PayPal account and then click the ‘Send and request’ button.⁵
Step 2: Select whether you’re making a personal or business payment
If you’re structuring the payment yourself, PayPal will ask you to confirm if you’re paying for goods and services, or making a payment to a friend or family member, either in the US or internationally.⁵ Remember, the fees and charges could be different for each service, so make sure you pick the right one for your needs.
Step 3: Enter the details for the recipient
You’re asked to input the email address or phone number of the person you wish to pay.⁵ Make sure you’ve got this information correct before you proceed.
Step 4: Confirm the amount and currency
You’ll then need to confirm the amount you want to pay, and the currency to use. This is done using the drop down boxes — just click on the currency you want.⁵
Step 5: Hit confirm, and choose a funding source
Confirm that the payment has been entered correctly, and choose how you wish to pay. You can usually choose between a few different funding sources at this stage — using PayPal balance, a linked bank account, or a credit or debit card