How to Make a Money Transaction Over the Internet

by Jason Gordon; Updated September 26, 2017
Sending Money Online

It was a simple way to communicate and share information at first, but the Internet is becoming a more useful tool every year. Now, you can pay your bills, buy your groceries, play games, talk on the phone, chat with your friends, and even send money over the Internet. Read the steps below for help on the easiest ways to make money transactions over the Internet.

Step 1

Navigate to the Paypal Website. Click "Sign Up" to create a Paypal account.

Step 2

Verify your new Paypal account. After creating an account, you will be asked to verify your bank information by reporting a Paypal deposit in your account (usually 2 to 4 cents).

Step 3

Click on send money. Once your account is verified, you can make a money transaction with anyone else who also has a Paypal account.

Step 4

Enter the email address or phone number of the person who is to receive your payment. If you send money to an email address or phone number of someone without a Paypal account, he will be prompted to easily create one.

Step 5

Enter the amount and payment information. You can pay using funds from your bank account, credit card or Paypal account balance. After confirming the amount, click send money to finish the transaction. Paypal will email you a receipt.

Step 6

Navigate to the Western Union Website. Click "Register" to create an account.

Step 7

Click "Online" to send money over the internet.

Step 8

Select the state where the money is being sent from. Select the state where the money will be sent.

Step 9

Choose the service you want. "Money in Minutes" sends money to a Western Union location. "Direct to Bank" will deposit money directly into the recipient's bank account.

Step 10

Enter the required information and the amount. Click "Send" to begin the money transaction. You will receive a confirmation from Western Union.

About the Author

Jason Gordon is a professional writer and editor. In addition to online work, he has written for "Texas Highways," "AAA Southwest," "Glimpse," the "University of Washington Daily" and the "Dallas Morning News." Gordon's passions include animals, reading and finding the perfect pairings of pastry and espresso.

Photo Credits

  • http://www.webmaster-now.com/pict/money.jpg