The new PayPal Links allow customers to either request or make a payment to another person by selecting the link option, ...

PayPal will soon have a new feature for making payments. With PayPal Links, it will be possible to send and request money to and from friends and acquaintances by sharing personalized, one-time links.

Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.

You can create links on PayPal and share them via text, DM, or email. The receiver just needs to tap the link and complete the payment from within the app or website.