What are pools?
Pools are a way for you to pool money together for group purchases, such as a camping trip or upcoming travel plans.
Here’s how to create a pool in the PayPal app:
- Tap Send/ Request.
- Select the More Options icon.
- Under ‘More options’, select pool money.
- Follow the steps to enter details about the pool and tap Agree and Create.
Here’s how to create a pool on the website:
- Go to Send & Request.
- Select pool money in the side menu.
- Follow the steps to enter details about the pool and click Agree and Create.
You can make your pool stand out by uploading a photo. Once it’s created, share the pool link to start pooling money.
Tips:
- It’s only possible to use a PayPal Balance account to create a pool.
- You must verify your identity with PayPal and your PayPal account must be in good standing to create a pool.
- You can collect a maximum of $20,000 per pool, with a limit of 5 active pools per person.
- You don’t need a PayPal account to contribute to a pool, and you can make contributions without displaying your name in the pool. However, the pool creator will always see your name.
- When the pool ends, you can transfer the money to your PayPal balance account by selecting Transfer.
- All received money is collected in the primary currency of your PayPal account.
Can I keep receiving contributions once my pool reaches its goal?
Yes, people can contribute to your pool until you decide to close it, even if you’ve exceeded your goal amount.
Does my pool stop accepting contributions once the end date has been
reached?
Once your pool reaches its end date, it closes, and contributions can no longer be accepted. However, you can extend your pool’s end date any time before it’s reached. The maximum end date is one year from the start date.
How do I report a pool that violates PayPal's Acceptable Use Policy?
Select Report pool at the bottom of the pool page.