Perhaps you are interested in transferring funds to your friends and family via PayPal. Alternatively, you may wish to withdraw funds from your PayPal account and deposit them into your bank account. Thankfully, if you have already established a PayPal account, the process of sending and receiving money via their mobile application or website is straightforward. Our comprehensive guide will provide you with step-by-step instructions, whether you intend to transfer funds to someone else or move money into your personal bank account.
How to give Jane Money on Paypal Using Your Phone or Tablet
To give Jane money on PayPal using your phone or tablet, you can follow these steps:
- Open the PayPal app by tapping the blue icon with a white “P” on it.
- Tap the Login button located at the bottom-left corner of the screen.
- Enter your email address and password to log in. If your device supports Touch ID, you can scan your fingerprint to access your account instead.
- After logging in, tap the Manage Balance option, located near the top of the screen. This will display your current PayPal balance.
- Tap Transfer to Bank, which is located in the bottom-right corner of the screen.
- If you have at least $1.00 in your PayPal balance, type in the amount you wish to withdraw and tap Next.
- Finally, tap Withdraw at the bottom of the screen to complete the transaction.
Please note that if you initiate the withdrawal before 7:00 PM EST on a non-holiday, the funds should reach your bank account by the following day.
How to give Jane Money on Paypal Transferring Money Using Your Computer
To give Jane money on PayPal using your computer, you can follow these steps:
- Navigate to the PayPal webpage and click LogIn in the top-right corner of the page.
- Enter your email address and password in the fields provided on the login page, then click Log In.
- Once logged in, click on My PayPal located on the top-right side of the page.
- Click Transfer to your bank, located on the left side of the page below the “PayPal Balance” window.
- Enter the amount you wish to withdraw. Please note that you must withdraw a minimum of $1.00.
- Click Continue located at the bottom of the page.
- Click Transfer to complete the transaction, which will transfer the money to your account.
Please note that if the transfer occurs before 7:00 PM Eastern Time on a non-holiday day, the funds should be in your account by the following morning.
How to give Jane Money on Paypal Transferring Money Using Your Phone or Tablet
To give Jane money on PayPal using your phone or tablet, follow these steps:
- Open the PayPal app. Look for the blue app icon with a white “P” on it.
- Tap on “Log In” at the bottom-left corner of the screen.
- Enter your email address and password in the provided fields. If you have enabled Touch ID, you can use your fingerprint to log in instead.
- Tap “Log In” to access your PayPal account.
- Tap on “Send Money” located on the left-middle side of the screen, just below the “Send and Request” heading.
- Enter the recipient’s email address or phone number in the search bar at the top of the screen. If you have never sent money before, you will need to tap “Let’s get started!” at the bottom of the screen.
- Select the recipient’s name from the list that appears.
- Choose a payment option between “Friends and Family” or “Goods and Services”.
- Enter the amount you wish to send. Note that there is no decimal point button, so you will need to add two extra zeros at the end of the amount you plan to send.
- Tap “Next” at the bottom of the screen.
- Review the payment information to ensure it is correct, then tap “Send now” at the bottom of the screen.
- You can add a note to your payment by tapping “Add a note” near the top of the screen and typing in your message. Tap “Done” when finished.
That’s it! Jane will receive a notification that you sent her money within a few minutes of completing the payment.
Conclusion
If you want to send money to someone who doesn’t have a PayPal account, the only option is to first transfer the funds from your PayPal account to your bank account and then send the money from your bank account to the recipient’s bank account.
To use PayPal to send money, the recipient must also have a PayPal account. When you send money through PayPal, it is transferred to the recipient’s PayPal account, from where they can withdraw it to their linked bank account. However, PayPal does not provide an option to transfer money directly to someone’s bank account.
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