UPDATED 03:08 EDT / FEBRUARY 08 2017

APPS

How to use PayPal’s new P2P payment bot for Slack

PayPal Holdings Inc. has launched its first Slack bot that allows users to send peer-to-peer payments directly in the Slack messaging platform.

Person-to-person payments is one of the most-used features on PayPal, which has 5 million daily active users, with the company processing $41 billion in P2P volume across PayPal, Venmo and Xoom in 2015.

Here’s a look at how you can get started with the PayPal bot in Slack:

How to send money with Slack

Currently, the PayPal bot is only available for Slack users in Australia, Canada, the U.K. and the U.S.

Step 1: Download the PayPal bot

Firstly, to be able to send PayPal payments via Slack, your Slack Team administrator will need to add the PayPal bot for your Slack team, which is available for download from the App Directory.

Step 2: Connect your PayPal account

To send and receive money using the PayPal bot on Slack you need to connect your PayPal account to your Slack account.

Step 3: Preferred transactions settings

You must select a preferred payment method, threshold amount and when you want to review and approve transactions.

Step 4: Send money using the PayPal bot

In Slack, type the slash command: /PayPal Send [amount] to [@name] > click Enter.

Step 5: Confirmation message

Once your payment has been sent you will get a private Slack message confirming the transaction, together with the amount paid, recipient, payment method and any fees or exchange rates.

Once the payment is successful, a success message will display in the Slack channel. If the payment fails you will receive a private message together with the reason.

Siri, Facebook Messenger and Outlook

The launch of a PayPal bot for Slack follows the company’s announcement in November of integrating with Siri, Apple Inc.’s digital assistant, to send PayPal payments. Users in 31 countries can use the voice command “Hey Siri, send [name] [amount] using PayPal” on their iPhone or iPad running iOS 10. The payment can be confirmed using Touch ID or users can log into the PayPal app using their username and password.

In September, it was announced that both PayPal and Stripe Inc. would join the Facebook Messenger beta program that would allow payments to be sent through the messaging platform.

While back in 2015, PayPal introduced the ability to make payments via Microsoft Corp.’s Outlook.com.

Source: PayPal

Image via PayPal

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