How to Send A Gift Payment On Paypal
By Andrew Meer
When sending money to friends and family through PayPal, you can avoid any fees by opting to send the payment as a gift provided that you fund the amount through your PayPal balance or bank account. Making gift payments for your online purchases, however, voids PayPal's Purchase Protection program in the case of a fraudulent sale.
Sending a Gift Payment
After signing into your PayPal account, click the Send Money link under the Tools menu. Enter the email address of the recipient into the To field, and then enter the amount that you want to send. Check the I'm Sending Money to Family or Friends option. Click Continue to review your payment, and then click Send Money to make the gift payment.
According to PayPal, funding payments that use a credit card incur fees (2.9% plus $0.30 per transaction); you can decide who pays the fee before clicking Send Money. When making a gift payment to any person residing outside the U.S., you incur a 0.5-2 percent fee when funded with your PayPal balance or bank account, or a 3.4-3.9 percent fee when funded with a credit card. Additionally, PayPal prevents you from making gift payments to any India-based PayPal accounts.
As an ardent tech fan, Andrew Meer loves writing about the latest in computer hardware and software. Since 2006, he has worked as a level designer and programmer for various video game companies. Meer holds a Bachelor of Science in game and simulation programming from DeVry University, California.