benjaminva parent
It´s available here in Germany and I feared that fees would apply for every transaction but learning from the FAQ, when transferring money between friends/family this is actually free. Given, that in Germany, transactions between banks are free too, the whole cycle of shifting money should be also free for Paypal (omitting costs for running the service of course).
I am looking forward to trying it out, it might be much nicer than giving someone the IBAN and letting him handle the transaction via the bank.
An alternative in Germany (or any country adhering to the IBAN/BIC numbering system) is cringle [1]. It uses direct withdrawals (Lastschrift) or wire transfers and does not require the other party to have a cringle account in order to receive money, according to their website.
Cringle transactions are only free since very recently. Prior to that they wanted something between 10 to 20 cent per transaction. Even worse they seem to need six days for your transaction. (It's three days per transaction and they transfer it to their own account in-between)