PayPal today launched a new service that purports to make it easier to send and receive money. With PayPal.Me, PayPal users create a unique URL associated with their account.
The link, when shared, gives others the avenue they need to make payments or send funds.
“Family and friends or customers click the link, enter the amount and their PayPal password, and they’re done,” says PayPal. Want to request a specific amount of cash? Send the link with a number at the end, like so: PayPal.Me/JohnDoe/25 and the recipient will be asked to send $25.
Other than requiring a PayPal account, PayPal.Me is free to use.