PayPal users can now send and receive money through a personalized, one-time link that can be shared via text, email, direct message, or chat.
The new links feature is currently available for U.S. users, with rollouts for other markets, including the UK and Italy, expected later this September. To initiate a payment or request money, users simply go to the PayPal app, enter the payment details, and generate a unique link. This link can then be sent to the recipient through their preferred method, accompanied by a note or emoji. The recipient will have 10 days to claim the funds.
Additionally, cryptocurrency will soon be directly integrated into PayPal’s new peer-to-peer payment flow, allowing users in the U.S. to send Bitcoin, Ethereum, PYUSD, and other digital currencies to PayPal, Venmo, and various global digital wallets.
“For 25 years, PayPal has revolutionized how money moves between people. Now, we’re taking the next major step,” says Diego Scotti, GM of the consumer group at PayPal. “Whether you’re texting, messaging, or emailing, now your money follows your conversations.”