![]() The importance has never been greater: COVID has not only had a devastating impact on many recipient communities but also made traditional box-store solutions even more challenging to access. Taptap Send is building products to capture this opportunity, providing senders peace of mind with a secure, affordable solution, and recipients with an accessible, convenient way to receive this capital. Connecting more than a billion people to the financial grid for the first time, mobile money allows more people to be reached more quickly, securely, and efficiently than ever before. The mobile money revolution has also changed the limits of what is possible with cross border flows, particularly in frontier markets. Informal remittances are estimated to be almost as large as those through formal channels: more than 7x since 2002. The formal $540 billion remittance market is the largest source of capital for low and middle-income countries, surpassing foreign direct investment and official development assistance combined. The new capital will allow the team to expand to different diaspora communities, invest in product development, and hire new talent to improve service quality. The company enables remittances for some of the most underserved markets globally. Taptap Send provides individuals with a simple, convenient platform to instantly send cross-border payments without a fee. Taptap Send’s total funding now exceeds $80 million. If you selected "Paying for an item or service" but are sending money to a friend or family member, you'll need to confirm receipt of the item before the recipient can issue a refund to you.įor more information, see our User Agreement.Taptap Send, a community-focused cross-border financial platform, recently announced a $65 million Series B funding round led by Spark Capital, with participation from Unbound and previous leads Reid Hoffman and Canaan Partners, along with Slow Ventures, Breyer Capital, Wamda Capital, Flourish Ventures, and additional investors from the Middle East, Africa, Asia, and Latin America. The recipient can only issue a refund using our website. If you make a mistake, including sending the wrong amount or selecting the wrong payment type ("Sending to a friend" versus "Paying for an item or service"), you'll need to contact the recipient to request a refund. Once you send money, you won’t be able to cancel or reverse the payment.Business accounts won't be able to receive these payment types. ![]() There may be a small charge to you depending on how you pay or if it's an international payment. This payment type will only be available for payments sent to Personal PayPal accounts. ![]() Choose “Sending to a friend” when sending money to a friend or family member.The seller will pay a small fee to receive your money. Choose “Paying for an item or service” when you buy goods or services.If you're sending money to a friend or family member internationally, please visit Xoom. Review the details and tap Send Payment Now.Choose your payment method and tap Next.Enter the amount, add a note (optional), and tap Continue.Tap the PayPal.Me link you were given or enter it into your browser.Here's how to send a payment using PayPal.Me with the app: Review the details and click Send Payment Now.Choose your payment method and click Next.If available, choose “Sending to a friend” or “Paying for an item or service.”.Enter the amount, add a note (optional), and click Continue.Click the PayPal.Me link you were given or enter it into your browser.Here's how to send a payment using PayPal.Me: New PayPal members must confirm their email address and complete any required identity confirmation before they can accept your payment. If the recipient doesn’t have a PayPal account, we'll explain how to sign up for one. Select your payment method, review your information, and tap Send.Īfter the payment is sent, your recipient will receive an email notification.Enter the amount, choose the currency, add an (optional) note, and tap Next.Enter the recipient's information: Name, email, or mobile. ![]() Review the information and click Send Payment Now.Choose how you want to pay and click Next.If available, choose your payment type.Enter the amount, choose the currency, add an (optional) note and click Continue.Enter the recipient's name, PayPal username, email address, or mobile number and click Next.With PayPal, you can make a payment to someone's email address or via PayPal.Me.
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