Money pool paypal

Money Pools was hidden within the PayPal app and was never really given the prime time treatment. In theory it should have been hugely successful, money pool paypal, PayPal have a customer base of over million users worldwide that had instant access to Money Pools.

You are viewing the PayPal Community Archives. This content may be old or outdated. Leave the Archive. I understand that you are disappointed that the Money Pool feature is no longer available. I'm truly sorry for the inconvenience! Those who collect funds for a charity or non-profit typically should have their account set up to receive donations. You can learn more about the donation process by reviewing our Help Center further.

Money pool paypal

In November , PayPal shut down its money pools. Do you need something else to manage group money? Try Braid Pools. Customers had to navigate lots of screens and restrictions. Yes, you ended up with a money pool. But it had limitations and it only met some of your needs. Braid has a clean design, a smooth set-up process, and a modern interface. Together, this lets you focus on what matters - your group money. If you opened a PayPal money pool, you could collect and spend group money. But no one else could access funds, see transactions or spend from the pool. Yes, PayPal was a place for group money.

Follow us on social. You could pay as a guest, which involved even more screens, but there was no option to money pool paypal pay with Apple or Google Pay, again adding to the friction experienced by anyone trying to use it.

Everyone, whether it's a family, friends, or a small organization, can benefit from having a slush fund. The only problem is that hardly anyone carries cash anymore. Fortunately, PayPal's "money pool" feature makes it easier than ever to manage and maintain these group discretionary accounts with your virtual money. Unfortunately, it's not easy to locate if you don't already know where it is. PayPal's "money pool" is a tool that lets you collect money from contributors. Compared to other features on PayPal, this one allows contributors to see how much money is in the fund they are contributing to.

Braid is the easiest way to pool money. Collect money with just a link, and manage it solo or together. Invite collaborators and set permissions for what they can do. Decide who can spend, set spending limits and more. We use best-in-class security and compliance practices to keep your money safe and personal data private. Simple free money pools Braid is the easiest way to pool money. Start your Braid Pool Braid Pools are free to use. Start as many as you need. Share your Pool Link to collect money Contributors don't need a Braid account to contribute to your pool.

Money pool paypal

Everyone, whether it's a family, friends, or a small organization, can benefit from having a slush fund. The only problem is that hardly anyone carries cash anymore. Fortunately, PayPal's "money pool" feature makes it easier than ever to manage and maintain these group discretionary accounts with your virtual money.

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You can see all fees relating to donations on our Fee page at the bottom of the PayPal website. Me, which allows other users to send you money directly. Money Pools was never the main focus for PayPal and felt like a secondary product that was created as customers demanded it rather than PayPal wanting to solve the problem of collecting money from your friends. Disputes and claims Archive Fraud, phishing and spoof Archive. In November , PayPal officially closed down its money pool feature, leaving many customers without a money pool tool. I'm truly sorry for the inconvenience! All rights reserved. If you want anyone else to spend group money with you, you must first transfer funds to them. My Business Archives. Suggestions for PayPal. Once you've shared the payment link with your group, people just tap to pay in, using their card, Apple or Google Pay. There's also a whole load more info over here that you might find helpful. Start collecting now.

The ability to create new Money Pools will be disabled from 30 September, while existing Money Pools will be shut down from 8 November PayPal Money Pools are used to collect money from friends and family — for example, for group purchases or gifts.

Follow us on social. The next page of options controls how you want contributors to interact with the money pool. Yes, you ended up with a money pool. No need for any of that nonsense with Collctiv. If you use your money pool to collect funds from coworkers, friends, and family, etc. With Braid, you can create as many pools as you need. Unique experiences to give as a gift. All rights reserved. Save alone or with others. There are no deadlines, no expiration dates, and no pressure. Start collecting now. You may want to put more work into this part if you have more public funds. If you want anyone else to spend group money with you, you must first transfer funds to them. This content may be old or outdated. Also, the transparency makes the use cases potentially different: if you say you are collecting money for a reason, contributors will be able to see how close you are.