PayPal Introduces Personal Way to Collect Payments: PayPal.Me

paypal me

PayPal has introduced a new, free, simple and personal way to request money from people: PayPal.Me. It is personal because Canadians can grab their own, personal PayPal.Me link, which will be added to their existing PayPal account, and then share their new PayPal.Me link (with their name) to accept money from people.

To get paid, you share the PayPal.Me link, and the payer will need to click the link, enter the amount, and that’s about it. The money will be transferred to your PayPal account in seconds.

The company has commissioned a study to back their move: According to the survey (of 4,000 people across Germany, Canada, Australia, and the US), Canadians are owed $462 (CAD) on average, and 30% have lost friends over IOUs. The problem is that 53% of Canadians find it awkward to ask their friends or family to pay them back. Oh, and by the way, digital wallets are continuing to grow in popularity, as peer-to-peer payments are increasingly popular for IOUs.

Actually, money is an uncomfortable subject, and it takes a lot of time to chase down debts. Here is what Dr. Ryan Howell, Associate Professor of Psychology at San Francisco State University and expert on the psychology of spending, said:

“People are more willing to discuss their sex lives than their finances. Money is still considered an incredibly private, personal topic for many people due to deep-seated cross-cultural stigmas around money.”

PayPal, is aiming to solve this matter by allowing Canadians to start collecting money simply by sharing their personalized PayPal.Me link. Let us know if you are going to jump on this.

Technology enthusiast, rocker, biker and writer of Follow me on Twitter or contact me via email:

  • tfehr

    I don’t see how is this even remotely useful. I signed up for my link, and that’s great. But people need a paypal account to use the link. How is that better than what PayPal already does? For this to be really useful, people should be able to pay me via credit card without having to log in.

  • Jay

    Im always shocked when people say they dont have a paypal account… have they purchased nothing online in the past 15+ years?!?!

  • SV650

    Signed up Sept 1.

  • ShaBi

    I know plenty of people who bought things online and not have a PayPal account. I’ve bought many things online without using PayPal as well.

  • m Arch Tom’s on Bar N Ass

    ” can’t you send your friends an invoice with the amount you want back ? ”
    i never, ever got any problem in asking money back to friends in the past and for they were resistant and unwilling to pay back, i just stopped helping with money over a decade ago.