Η PayPal launches the "common funds"(Money Pools), a new toll-free service that enables you to raise money for expenses we share with friends and relatives. within a single account PayPal, as well as the immediate use and continuous monitoring of the progress of the contributions.
With the "common funds", its users PayPal are now able to raise money to pay for shared expenses, such as vacations, the payment of a group gift or a special event, by setting up a "reservoir" and notifying that link to friends and relatives.
The common funds offer to millions of customers who are already making use of P2P its payments PayPal, an even more personalized and organized way to manage expenses shared with third parties, while at the same time relieving them of the stress of paying their due amount in advance or living the thankless process of constant reminders to be reimbursed by their friends.
A recent survey conducted by Censuswide on behalf of PayPal showed that in Greece the most common reasons for the need for financial contribution for group purchases concern, inter alia, various types of gifts (for birthdays, weddings or for colleagues), restaurant or food bills takeaway, as well as the payment of household bills.
In addition, in our country the main reasons that make it difficult for those who do not repay their creditors on time are the difficulty of a personal meeting due to long distance, the temporary lack of cash, but also the inability to easily access an ATM.
The new shared fund service is the ideal cost management tool for sharing activities with friends and relatives, making repayment easier and more convenient so that none of the team members neglect it. Even those who may not have an account PayPal are equally able to contribute to the fund using their credit or debit card.
The simple steps to use the service
CREATION: Through an account PayPal, available either through the official website or the application, all you have to do is go to the special section of the common funds and press the button “Create pool”.
PERSONALIZATION: Users can easily personalize the common funds page, bringing it to their own measures, filling in various important details, such as the description of the fund's goal, the required total amount and the deadline for submitting the financial contribution.
In addition, other features are available for a more 'personal touch' or in relation to privacy settings - for example, adding a cover photo of the link, as well as the option to enable - public or private - the display of the group name list and corresponding contributions to the fund's operating history.
PUBLICATION: A special link page is automatically created, which users can then share with relatives and friends via text message, Email and social networks (Facebook ή Twitter) in order to start collecting money, with encryption system που maintains safe the financial data their.
In case a friend or relative does not already have an account PayPal to send his own share, can easily open one free of charge, or else contribute as guest using his credit card.
USE: All financial contributions are recorded in the history of the Common Fund and transferred directly to the account PayPal of the organizer, for use at any time.