PayPal is launching today a new link system that simplifies how users can send and receive money. The new one-time link system is launching today in the US, with more international markets to follow later this month.
PayPal already lets users create and share a public PayPal.me link to request a payment to their PayPal account. PayPal links, however, are more private, and unclaimed links will expire after 10 days.
“For 25 years, PayPal has revolutionized how money moves between people. Now, we’re taking the next major step,” said Diego Scotti, General Manager, Consumer Group at PayPal. “Whether you’re texting, messaging, or emailing, now your money follows your conversations. Combined with PayPal World, it’s an unbeatable value proposition, showing up where people connect, making it effortless to pay your friends and family, no matter where they are or what app they’re using.”
Using the PayPal mobile app, US users can now create personalized links with the details of their payment and request and share them with the right person. Users who tap the link will be able to either complete or accept the payment within the PayPal mobile app.
These new PayPal links will soon add crypto support as well. “This will make it more convenient for PayPal users in the U.S. to send Bitcoin, Ethereum, PYUSD, and more, to PayPal, Venmo, as well as a rapidly growing number of digital wallets across the world that support crypto and stablecoins,” the company said today.
