e-News® | The NEWS Company…London, Sept. 01, 2015 : PayPal today announced a new peer-to-peer service that aims to make it easier for users to request and receive money. The service, called PayPal.me, allows users to request money through personalized links that can be sent through email, text message, or social media. Recipients can pay from their own PayPal accounts by clicking on the link, selecting an amount, and hitting send.
The idea, according to PayPal, is to avoid the awkwardness that many feel when requesting owed money from friends and family. After creating their profiles, users can request specific amounts of money by adding a number to the end of their links, Engadget reports. A link that reads “paypal.me/username/20” would correspond to a request for $20 (or in local currency).
PayPal.me is one of several peer-to-peer payment services to launch in recent months, including Square Cash, Google’s Android Pay, and PayPal’s own Venmo, which is currently limited to the US. PayPal.me launches today in the US, UK, and 16 other countries.
