Below is a pictorial guide demonstrating how to send money via PayPal…without accidentally charging the recipient of your funds, such as DuffyD, any fees!
Step 1: Login to your PayPal account.
When you login to your PayPal account, you should be on your homepage, and five tabs (four (4) blue, non-highlighted tabs and one (1) gray, highlighted tab) should be visible. The tabs, demarcated as “My Account,” “Send Money,” “Request Money,” “Merchant Services,” and “Products & Services,” should appear as follows:
Step 2: Click on the “Send Money.”
Two (2) links should appear below the "Send Money" tab: the Send Money Online link and the Pay for eBay Items link. Generally, when the "Send Money" tab is selected, the Send Money Online link page automatically loads. The Send Money Online link page is the page you want. You’re on the correct page if the format for the Send Money Online link is black, bold, and underlined; the format for the Pay for eBay items link is blue, not bold, and not underlined; and the page appears as follows:
Step 3: Input the email address for the recipient of your money transfer/payment in the “To” row.
For this example, the City of Manhattan decided to send money to Tony Stark/Iron Man whose email address is [email protected] (DISCLAIMER: this email address is not confirmed nor is it confirmed to be the email address of Tony Stark/Iron Man. It is for demonstrative purposes only).
Step 4: Input the quantity you would like to pay, in the appropriate currency, in the “Amount” row. To change the currency to Japanese Yen, click the downward facing arrowhead in the currency tab, scroll down until you find Japanese Yen, highlight Japanese Yen, then click on Japanese Yen.
You have successfully switched the currency to Japanese Yen if the screen appears as follows:
If you ever want to know how much a money transfer, paid for in a foreign currency, is in your currency, PayPal automatically updates and details this information underneath the “Amount” row in the “currency exchange” line. In this example, the City of Manhattan needed to send ¥300 to Tony Stark/Iron Man which was equivalent to $3.29.
Step 5: To ensure that your recipient does NOT pay any fees, click on the “PERSONAL” tab, select “Payment Owed,” then click “Continue.” This step is the most important step to ensure your recipient does not pay any PayPal fees!
If the City of Manhattan were to pay Tony Stark/Iron Man from a bank account, then there would not be a fee. When transferring money from a bank account the subsequent page should appear as follows (note the lack of a fee):
If, however, the City of Manhattan were to pay Tony Stark/Iron Man with either a credit or a debit card, then there would be a fee and the City of Manhattan would have to pay it. When transferring money via a credit or debit card, there will be a fee and the subsequent page should appear as follows (note the ¥49 fee the City of Manhattan agrees to pay):
Make sure you check the box confirming that YOU (the sender) WILL PAY THE FEE! (We don't want Tony Stark/Iron Man to avoid helping the City of Manhattan (or the Universe for that matter) in the future because the City of Manhattan forgot to check the box confirming it would pay the fee).
Step 6: Click “Send Money” to transfer your funds to the recipient, and you’re done.