PayPal Launches Facebook App For Sending Money

angry tapir writes "PayPal has launched a Facebook application designed to let users of the social networking site send money to each other. The application, named Send Money, features a greeting card component for accompanying the money transfer with an e-card containing a message, photos and videos to mark occasions like birthdays and anniversaries."

Comments

Re:Created out of fear

[semilemon]

I think you may be refering to Dwolla.

Re:No Bank/Checking account--Ever

[Grishnakh]

The problem with this is that, without linking to a bank account, it's much harder to move money in and out of Paypal; they want an enormous fee every time you ask them to cut a check.

The answer is simple: get one account (mine's at an old credit union in another state that I no longer use actively) and link that to your Paypal account, and ONLY use it for Paypal transfers. When you transfer money into the account, then you're able to write a check with it, or whatever.

Why people think they can only have one bank account, I have no idea.