What is the processor to take money from paypal?

India
February 23, 2010 2:50pm CST
please tell me the processor to transfer money from paypal to bank account.
4 responses
• United States
23 Feb 10
If you are transfering money from your paypal into your own bank account it is pretty easy and there are no fees. As long as you have your bank account information added onto your paypal account you can easily transfer the money out of paypal into the bank account. If this is infact what you are trying to do then if you are in the my account tab you go to the bar where it says withdrawl and scroll down to where it says transfer to bank account. Then it takes you through the process of putting in how much you want to transfer from the paypal to the bank account. If you need to add your bank account information so you can transfer balances from paypal if you have been paid by others it is just a matter of going to the profile tab when you are in the my account tab and scroll down to add or edit bank account and you enter in your details as it tells you. If you are trying to use your paypal account to make payments or send money to someone else then you either need your bank account information by adding it in the way I described above or you need to add your credit card information or debit atm card and you add those the same way only you scroll down under profile to where it says Add or Edit Credit Card. There is more information about any fees if you go to the send money tab in your paypal account. You can also use paypal for accepting money online for your business or for shopping online. Hope this information was helpful! Jen aka Kittykat7983
@prasunsam (356)
• India
23 Feb 10
Well gaurav paypal is a online company that helps us transfer our online earnings to our bank accounts.If you are from india then till 500 dollars of transaction you don't need to verify a credit card.If you get money more than that,then you would have to verify a credit card or debit card to receive your online earnings. But there is some issues with indian transfers and paypal is having some problems in india. Lets see what happens.
@kunizzul (1066)
• Malaysia
23 Feb 10
well, if you want to transfer money from your paypal account to bank account. you need a credit card first of all. to get verified. then you need to open a bank account that accepts money from paypal. you just need to link the bank account number to paypal.
• United States
23 Feb 10
Paypal itself is a payment processor, it's what they do. Just go to the site and look for a transfer or withdraw button or something like that. I never transfer or withdraw my cash, I use the paypal debit visa card, I use the funds to buy at the store or on line.