Add funds instantly with PayPal’s new feature

I stumbled across this the other day and can only assume it’s a new feature. I’m in the UK so if anyone could verify if it’s also on PayPal US, that’d be great.

When adding funds to your PayPal account, there’s now 2 options:

Adding Funds with PayPal

Adding Funds with PayPal

 

 

 

 

 

 

The left hand one is the interesting one. Using it allows you to make a direct transfer from your bank to PayPal. The money showed up within seconds. This is particularly useful as it makes PayPal a more viable option for paying friends and family as PayPal payments which are funded from PayPal funds (within the same country) don’t carry any fees.

I have also dealt with a few companies who accept PayPal but charge a hefty surplus to cover the fees. Using this option allows you to pay them instantly and not incur such an excess.