Sending Out a PayPal Money Request

Let's say that you had performed a service for an user for which you want to request money from that person.

Step 1

Sign into you PayPal account, and click Request Money tab. Fill out the infomation in the Create a Money Request as indicated and follow its instruction.

Step 2

When completed, PayPal will send an email to the recipient specified and informing him/her how to submit his/her payment through PayPal. If the recipient does not have a PayPal account, it will inform him/her how to open one. In addition, you will get a PayPal email confirming that a money request had been sent out.

Step 3

You can see your transaction history by going to My Account -> History in PayPal.

Step 4

After sending out the money request and have not received payment within a reasonable time, you can click the "Remind" button (as seen above) and an email reminder will be sent to the recipient. Alternatively, you can also Cancel the money request.

Step 5

When you do receive a payment, PayPal will notify you through email asking if you would like to accept the payment. If yes, PayPal will notify the recepient that you have accepted payment and the record will show a payment type as shown above. Note that PayPal will take a certain percentage of that payment as its fee for processing the transaction for you. (That is how PayPal makes money.)

Step 6

When done, you should always sign out of PayPal and close the browser window.

In the next lesson, you will learn how to sign up for eBay, the parent company of PayPal.