How To Withdraw Funds From Paypal (with screenshots)

You have some money in your PayPal account but you don’t know how to withdraw it. You search the net for answers and you find out that you can withdraw your funds through a bank account or a debit card. But then, you will have to go through the rigorous process of opening a bank account and ain’t nobody got time for that, right? Well, let me show you the easiest way to withdraw your PayPal funds — you won’t even have to leave the comfort of your home.

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First of all, you need to have a verified PayPal account in order to withdraw funds or basically do anything with PayPal. If your PayPal account hasn’t been verified yet, just follow these simple steps here and have your account verified within a couple of minutes. After successfully verifying your PayPal account, you may proceed to the withdrawal stage.

If you need to withdraw your PayPal funds in less than 24 hours, you may consider selling your PayPal funds to encashers for a certain fee. I’m currently offering PayPal funds encashing services at an affordable rate. Click this link to know more.
1. Log in to your PayPal account and click the Withdraw button. Note that the minimum withdrawal amount is 500 PHP.

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2. Click “Withdraw funds to your card”. Withdrawing PayPal funds through a credit or debit card incurs a fixed fee of 250 PHP so it would be better to save up first and withdraw in bulk.


Update : If you withdraw through PayMaya, your 200 PHP will be refunded into your PayMaya account therefore the net cost would only be 50 PHP, valid until Dec. 21, 2016 only.

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3. Choose the card where you want the money to be transferred to and enter the amount that you would like to withdraw (minimum of 500 PHP), then click “Continue”.

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4. Your money will be transferred to your PayMaya Virtual Visa Card and if you really want to get the cash, you will of course need to have a physical card (to withdraw your money from ATMs) which you may link to your Virtual Visa Card. To get a physical card, you may simply buy it in the PayMaya Shop and have it delivered in your doorstep. You also won’t need to pay online because they have the “Cash On Delivery” option.

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99 thoughts on “How To Withdraw Funds From Paypal (with screenshots)

  1. Hi guys – so I’ve been using PayMaya still for my past couple of transactions. Last two withdrawals from Paypal only took a minute to show up on my PayMaya app, and these were done on a Saturday (AM) and Monday (PM). I’m very happy with this so far, so hopefully the P200 refund will continue forever.

    As the other guy said here, it might not be PayMaya causing the delay, but Paypal. It make sense, because as soon as Paypal clears the withdrawal, it will show up immediately on your card. The other times I experienced 3-5 days delay, it was showing as “pending” on my Paypal account.

    Paypal is kind of tricky and ambiguous with their rules, but maybe they’re clearing all my recent transactions right away this time because I’ve used PayMaya many times already. Hopefully you guys get your monies quickly, too.

    Like

  2. Hi Young Jebediah, good to hear you are able to withdraw instantly.
    I already have over 5 to 10 withdrawals but not once I experienced an instant payout.
    This might be because of the type of transactions on the account.
    Please post your transaction type so we can rule out which is delayed.
    Mine is sales through cards and paypal users..

    Like

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