PayPal is a widely-used online payment platform that allows users to send and receive money, make online purchases, and even withdraw funds. If you’re wondering where you can withdraw money from PayPal, you have several options to choose from.
1. Bank Transfer:
One of the most common ways to withdraw money from PayPal is through a bank transfer. Simply link your bank account to your PayPal account and transfer the funds directly.
2. Debit Card:
If you have a debit card linked to your PayPal account, you can easily withdraw money from ATMs or make purchases at stores using the card.
3. PayPal Cash Mastercard:
PayPal offers a prepaid debit card called the PayPal Cash Mastercard, which allows you to withdraw cash at ATMs or make purchases wherever Mastercard is accepted.
4. Check:
You can also request a check from PayPal, which will be sent to your mailing address. Once you receive the check, you can deposit it into your bank account.
5. PayPal Cash Plus account:
If you have a PayPal Cash Plus account, you can load money onto your account at various retail locations and withdraw cash from ATMs.
6. NetSpend card:
If you have a NetSpend card linked to your PayPal account, you can withdraw cash at ATMs using the card.
7. Qapital savings account:
People with a Qapital savings account linked to their PayPal account can withdraw money when needed.
8. Green Dot card:
If you have a Green Dot card linked to your PayPal account, you can withdraw cash at ATMs where Green Dot is accepted.
9. Direct Deposit:
Users can set up direct deposit with their PayPal account and have their funds deposited directly into their bank account.
10. PayPal cash voucher:
You can also obtain a PayPal cash voucher from select retail locations and use it to withdraw cash.
11. Western Union:
PayPal users can withdraw money from their account using Western Union services.
12. MoneyGram:
MoneyGram is another option for withdrawing money from your PayPal account at various locations worldwide.
FAQs:
Can I withdraw money from my PayPal account without a bank account?
Yes, you can withdraw money from your PayPal account using a PayPal Cash Mastercard, PayPal Cash Plus account, NetSpend card, Green Dot card, or PayPal cash voucher.
How long does it take to withdraw money from PayPal to my bank account?
Typically, it takes 1-3 business days for the funds to appear in your bank account after initiating a withdrawal from PayPal.
Are there any fees for withdrawing money from PayPal?
There may be fees associated with withdrawing money from PayPal, depending on the withdrawal method you choose. Check PayPal’s website for details on fees.
Can I withdraw money from my PayPal account to another person’s bank account?
No, you can only withdraw money from your PayPal account to a bank account that is linked to your own PayPal account.
Is there a limit to how much money I can withdraw from PayPal?
Yes, there are limits on how much money you can withdraw from your PayPal account, depending on your account type and verification status.
Can I withdraw money from PayPal at an ATM?
Yes, if you have a PayPal Cash Mastercard, a NetSpend card, or a Green Dot card linked to your PayPal account, you can withdraw cash at ATMs.
Can I withdraw money from PayPal to a credit card?
No, PayPal does not support withdrawals to credit cards. You can only withdraw money to a linked bank account, debit card, or prepaid card.
Can I use PayPal to withdraw money from my savings account?
If your savings account is linked to your PayPal account, you can transfer money to and from the account.
Can I withdraw money from PayPal to a PayPal account in another country?
Yes, you can send money to a PayPal account in another country, but fees may apply for international transfers.
What happens if my bank account is not linked to my PayPal account?
If your bank account is not linked, you may not be able to withdraw funds from PayPal. Linking a bank account is necessary for withdrawing money.
Can I withdraw money from PayPal using a paper check?
Yes, you can request a check from PayPal, which will be sent to your mailing address. You can then deposit the check into your bank account.
Are there any restrictions on where I can withdraw money from PayPal?
While you can usually withdraw money from PayPal at ATMs and retail locations, some locations may have limitations or additional fees for cash withdrawals.