- Log in to your PayPal account and click My Account.
- Click Withdraw at the top of the page.
- Click Withdraw funds to your bank account .
- Enter your information and click Continue.
- Click Submit.
PayPal takes care of raising your Invoices for goods and services and one can request payment from overseas via Email. Your customers have just to click on the PayPal link sent to the customers while raising through Invoice and the PayPal takes care of the records of invoices, sales, sales returns and records of payment received.
To enable your PayPal account you have to Register your E Mail ID with PayPal. PayPal protects all your payments and ensures that you are not Defrauded Online by fictitious sellers of goods and services. When you register with PayPal your address, PAN number and Bank Account Numbers are verified by PayPal online. For verifying the Bank Account Number PayPal uses a sophisticated method by sending petty remittances of say Rs.1.32 and Rs.1.28 (very small amounts) and to get verified you have to fill the amounts so received and submit the same to PayPal online along with transaction number. Once verification process is complete you can receive and send money via Email without compromising the security of your Bank’s Internet Banking account or Credit Card.
While purchasing online through PayPal one is not only protected against fraudulent merchants but attractive Cash Discounts are also available for online shopping at .PayPal accounts can be closed and reopened at any time as procedure below :
If you close your PayPal account, it can’t be reopened. Any scheduled or incomplete transactions are cancelled. You can’t close your account if there are limitations, unresolved issues or a balance.
How to Close your account with PayPal
Log in to your PayPal account. Click Profile at the top of the page. Click Close Account in the Account Information column and follow the steps listed. For Complete Details visit official site of PayPal for India.
While many services are free of cost but no doubt peace of mind comes at a nominal cost as PayPal charges Nominal Fees for certain transactions .
Certain Global websites offering remuneration for online jobs also prefer to pay by Email ID through PayPal as it is convenient to make payment to the same Email ID to whom online work is allotted. For example HubPages use PayPal as their method of payment to the authors, content writers having subdomains allotted bt HubPages free of cost.
This article is just summarised view of the official website of PayPal and in no way it replaces the official website of the PayPal. Ask Any Further Questions about PayPal. We will make the research for you to let you know the exact rules and provide links to official pages. Helping others is our passion. Send Feedback through facebook or comments on resource.
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