PayPal's new money-pooling feature allows users to collectively gather funds for shared expenses, enhancing the ease of group payment and financial organization.
Users can create online pools, invite contributors via various methods, and transfer pooled funds to a PayPal balance. This includes features like a target date and funding goal.
While many are familiar with expense apps like Settle Up, PayPal's feature integrates into its established platform, offering a familiar interface for managing pooled funds efficiently.
The pooling feature will be available across several countries, streamlining group payments and sharing responsibilities, appealing to users who value trust in their pool organizers.
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