PayPal

You’ve created a PayPal account and money has started to appear either from friends and family or payments for goods or services. It’s great to see that figure begin to add up in your account but you may now be wondering: While PayPal is great for accepting online payments and spending money at e-shops, you may be wanting physical money to use at the local supermarket. The great news is PayPal has a simple method for merchants and payees to withdraw money from their account . If you would like your PayPal money in your bank account so you can easily withdraw it at an ATM facility or need to pay bills, the following tutorial will help you. Withdrawing Money from My PayPal Account to My Bank Account This is the most popular way to withdraw money from a PayPal account . This method involves withdrawing money from your PayPal account and transferring it to a linked bank account. Points to Consider When withdrawing money from a PayPal account to a bank account the money can t...

It is also possible to utilize a PayPal debit card to withdraw money and make online purchases. There are two options with a PayPal debit card: 1. Virtual card  – This enables users to apply for a unique and temporary card number instead of the actual debit card details. It is helpful for online purchasing. 2. Physical card  – This is useful for purchasing at the point of sale (POS) or in stores . A user can use both options at their convenience. Withdrawing Money Using a PayPal Debit Card Users can use a PayPal debit card to withdraw money from any bank under three conditions: The PayPal withdrawal limit is up to USD 400 per day using a PayPal debit card. No charge for cash withdrawals from a MoneyPass ATM. There is a fee of $2.50 per transaction for cash withdrawal at a non-MoneyPass ATM . Debit cards (also known as PayPal cash cards) are regular debit cards that are used in place of a MasterCard. Maximizing the Conversion Rate for the PayPal Withdrawal A fixed fee on ...