Receiving or accepting money on PayPal is as easy as it can get. You don’t need anything more than an email address to accept payments that are sent to your through PayPal. And we all have an email ID, don’t we?
All that needs to be done is for you to verify your Email address on PayPal and you can then claim the money that is sent to you. If you already have your email address linked and verified with PayPal, you can receive and claim the payment as soon as the transaction has been initiated. If not, once you have verified your email address, you will be all set to receive payments on PayPal.
How to Receive and Accept money on PayPal?
To receive money on PayPal, share your email address with the person who is meant to send you the money. That’s it! That is all you have to do to receive your rightful cash.
If you do not wish to share your email address for some reason, you can still have your money sent to you. For this, you will have to set-up a unique URL for PayPal. This is a PayPal.Me link that can be shared with anyone. The person who is supposed to send you the money can simply send it to your PayPal.Me link and you will have your money in no time.
The best thing is, you can also request the potential sender for the money, this eliminates all the waiting. Here’s how you can request someone to send you money on PayPal.
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How to Request money on PayPal?
To request money on PayPal, launch the app on your phone. At the bottom of your screen, you will see three tabs, “send”, “request” and “more”. Click on “request”. On the page you are directed to, you will have the option of typing the username or the email address of the person from whom you are requesting money, or you can share your PayPal.Me link to the potential sender.
Next, enter the amount you want to be sent. You can also write a short note to the potential sender, letting him or her know what the money is for, although, writing this note is completely optional. The person will be notified of the request and will initiate the transaction from his side. Once it has been initiated, the money will come to your PayPal account almost instantaneously. However, if you want to direct the money to your bank account, that might take 3-5 business days.
PayPal makes exchange of money simple and safe. It allows you to exchange money across domestic and international borders without having to give much information about yourself. As long as the sender know your email address and you have your email address verified, you will receive the money in no time. Moreover, even if you do not have your email verified, the money that is sent will still be yours and you can claim it as soon as the verification is done.