Is the PayPal App a Good Way to Keep Track of Funds in Your Account?


Quick Answer

The PayPal smartphone app allows users to monitor the current balance of their accounts and view a history of recent transactions, making it a convenient way to monitor funds in the account. The app also offers features for sending and requesting money and editing certain account preferences.

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Full Answer

PayPal offers a smartphone app for iOS, Android and Windows Phone devices that contains the same core functionality as its website tools; primarily, the ability to monitor the activity on the account. Once logged into the app with PayPal account credentials, a user is able to immediately view his current account balance and available funds. Due to the immediate nature of PayPay, the current balance typically reflects any pending payments or deposits into the account in real time. By tapping on the account details section, a user is also able to view all recent transactions on the account. Transaction details include the date on which it took place, the exact amount of the transaction and the party either depositing it or to which it was sent.

The app also allows a user to make a person-to-person payment to anyone with a PayPal account, as well as request money from other account holders. Additionally, the app includes the ability to locate nearby merchants that accept PayPal as a payment method, as well as the ability to pay with a smartphone. These transactions typically appear in the transaction history within moments.

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