How do I cash out PayPal?

Answered by Stephen Mosley

To cash out your funds from PayPal, you have a couple of different options depending on whether you are accessing PayPal through the website or the mobile app. I’ll explain both methods below.

Using the PayPal Website:
1. Log in to your PayPal account and navigate to your Wallet.
2. Once you are in your Wallet, click on “Transfer Funds” located beneath your PayPal balance.
3. From the options provided, select “Transfer to your bank account.”
4. Follow the instructions provided to complete your withdrawal. You may need to enter the amount you wish to transfer and select the bank account you want the funds to be transferred to.
5. Review the details of the transfer and click “Transfer Now” to initiate the withdrawal.

Using the PayPal App:
1. Open the PayPal app on your mobile device and tap on “PayPal Balance” on the home screen.
2. On the next screen, tap on “Withdraw Funds.”
3. Follow the instructions provided to complete your withdrawal. You may be asked to enter the amount you want to withdraw and select the bank account you wish to transfer the funds to.
4. Review the details of the withdrawal and tap “Withdraw” or a similar button to initiate the transfer.

It is important to note that PayPal may charge a fee for certain types of withdrawals, such as instant transfers. Additionally, the time it takes for the funds to appear in your bank account can vary depending on your bank and the withdrawal method you choose.

I hope this step-by-step guide helps you cash out your PayPal funds successfully. If you have any further questions or encounter any issues, feel free to ask for assistance.