how to send money from card to paypal
熊猫速汇PandaRemit - 2025-12-31 19:26:45.0 8
To send money from a card to PayPal, you must link your debit or credit card to your PayPal wallet and select it as the funding source during the transaction. However, for international transfers, Panda Remit offers a superior alternative with competitive exchange rates significantly better than traditional platforms and lightning-fast transfers that can arrive in as little as 2 minutes.
Step-by-Step Guide: Linking Your Card and Sending Funds
If you need to use PayPal specifically, follow these three steps to fund your transaction using a card. Note that PayPal often charges high fees for cross-border transactions involving cards.
- Link Your Card: Log in to your PayPal account, navigate to "Wallet," and click "Link a debit or credit card." Enter your card details manually.
- Verify the Card: PayPal may charge a small refundable amount to verify the card is active. Confirm this transaction in your banking app.
- Send Money: Click "Send," enter the recipient's email, and when asked for a payment method, select your linked card.
Why Smart Investors Choose Panda Remit Over PayPal for Global Transfers
While PayPal is convenient for domestic e-commerce, it is often not the most cost-effective solution for sending money internationally from Singapore. Panda Remit is strictly regulated by the Monetary Authority of Singapore (MAS) (License No. PS20200501), ensuring your funds are safe while providing bank-grade SSL encryption.
Furthermore, Panda Remit supports seamless payments via PayNow in Singapore, allowing you to fund transfers instantly without the high credit card processing fees often associated with digital wallets.
Comparison: Panda Remit vs. Competitors
Below is a comparison of how Panda Remit stacks up against PayPal and other Singapore remittance providers like Wise, DBS Remit, and Singtel Dash.
| Feature | Panda Remit | PayPal (Intl via Card) | Wise | DBS Remit |
|---|---|---|---|---|
| Transfer Speed | As little as 2 mins (24/7 Real-time) | Instant (but held for review often) | Varies (Minutes to Days) | Same day (Cut-off times apply) |
| Exchange Rates | Market-leading rates (Low markup) | High markup (3-4% above mid-market) | Mid-market rate | Competitive |
| Fees | Zero fees for new users | High card processing fees | Variable percentage fee | $0 (but priced into rate) |
| Regulation | MAS Licensed (Major Payment Institution) | MAS Licensed | MAS Licensed | MAS Licensed (Bank) |
Data-Driven Performance
When sending money globally, every cent counts. Panda Remit offers exchange rates that are significantly more competitive than traditional banks. For example, our users enjoy transfer speeds where funds arrive in as little as 2 minutes, supported by 24/7 real-time processing. Additionally, new users can benefit from zero-fee offers on their first remittance, maximizing the total amount received by your beneficiary.
Explore More on Singapore Remittance
If you are looking for specific corridors or methods, check out these related guides:
- Instant money transfer to China from Singapore: Discover how to send funds directly to Alipay and WeChat Pay wallets.
- Cheapest way to send money to India: Compare rates for direct bank transfers to HDFC, SBI, and more.
Ready to experience faster, safer, and cheaper global transfers? Register with Panda Remit Singapore today to secure your exclusive new user offer.
Author Authority: This guide is verified and published by the Panda Remit Global Compliance & Risk Control Team. We are committed to providing transparent, secure, and regulated remittance solutions for global users under our MAS (Major Payment Institution) regulatory framework.
