Paypal Pool

CristinaNY7
New Community Member

Hello - We created a Paypal pool for a friend in need and would like to get the raised funds to her. Is there a way to transfer the money raised directly to the recipient so that the money does not need to go into my account? Or must I transfer the money into my personal account and withdraw it for the intended recipient? Thank you.

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PayPal_Rich
Moderator
Moderator

Hi @CristinaNY7

 

Thanks for reaching out to the PayPal Community with this PayPal Money Pool question. I'm glad to hear that you are using this cool crowdfunding feature. When using Money Pools, you can send or withdraw the payments as you see fit. The funds would go to your Money Pool balance. When your goal is met, you can transfer the Money Pool balance to your PayPal balance where you can withdraw to your bank account or spend online.  

Here is a link for further information about Money Pools and other FAQ: https://www.paypal.com/us/selfhelp/article/money-pools-overview-and-frequently-asked-questions-faq35...

 

I hope this helps! Thanks for being a valued member of the PayPal Community. 


- PayPal_Rich

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- Irish Proverb
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