All the info for paypal send and receive money is here. Once you have a PayPal account, you can both send and receive money from anyone else with a PayPal account. If you’re trying to send money to someone without a PayPal account and they ask you “What is PayPal?”, you can show them how to sign up for a free account. One of the most common uses of PayPal is to pay for wins in eBay auctions. While it’s not required to pay for your eBay auction with PayPal, because of the relationship between the two companies, it is a common usage of PayPal. PayPal also acquired Venmo, another online peer-to-peer payment service, in 2013. This means that regardless of whether you use PayPal or Venmo, your online payment is being processed by the same company .PayPal Credit. It is free to send money to family and friends. PayPal will charge a small processing fee if you use it to send money as part of a business transaction. Because the service is so ubiquitous, many online merchants and customers know and trust it. Here’s what you need to know about how PayPal works. Be sure that paypal app tips is made for you.