I stumbled across this the other day and can only assume it’s a new feature. I’m in the UK so if anyone could verify if it’s also on PayPalWikipedia: PayPal is a global e-commerce business allowing payments and money transfers to be made through the Internet. Online money transfers serve as electronic alternatives to paying with traditional paper m... US, that’d be great.
When adding funds to your PayPal account, there’s now 2 options:
The left hand one is the interesting one. Using it allows you to make a direct transfer from your bank to PayPal. The money showed up within seconds. This is particularly useful as it makes PayPal a more viable option for paying friends and family as PayPal payments which are funded from PayPal funds (within the same country) don’t carry any fees.
I have also dealt with a few companies who accept PayPal but charge a hefty surplus to cover the fees. Using this option allows you to pay them instantly and not incur such an excess.