Questions about paypal

[Deleted member 995015]

Hello!

I have linked my card and I want to withdraw my money. I have 2 questions:

First, is there a way to transfer my money to my debit card and if yes , how? I have linked just the card and not a bank account. May you please tell me what are the steps?

Second will the money be automatically converted to my local currency?

 

[adjuster]

no you cant withdrawal to debit card

 

[Deleted member 995015]

no you cant withdrawal to debit card

Should I add a bank account or I can use just the card?

 

[Simkaa]

no you cant withdrawal to debit card

Sure you can when you have VISA debit card with C V V.

 

[Deleted member 995015]

Sure you can when you have VISA debit card with C V V.

Thanks. The money will be converted to my local currency right?

 

[Simkaa]

Most cases PP do it for you when you withdraw and won't let you withdraw when you don't convert. Example: when I have GBP on my PP account and want to withdraw in EU then I can't withdraw GBP and must use that crappy PP conversion rate and withdraw the funds in EUR. I guess it works same way in another continents.

 

[gorkipelin]

Most cases PP do it for you when you withdraw and won't let you withdraw when you don't convert. Example: when I have GBP on my PP account and want to withdraw in EU then I can't withdraw GBP and must use that crappy PP conversion rate and withdraw the funds in EUR. I guess it works same way in another continents.

I live in non euro currency state.
I receive usd and euro on my paypal account.
When I want to withdraw money, they convert usd or euro to my local currency with bad conversion rate.

Initialy, paypal always convert your money in your local currency when you withdraw.

To avoid this conversion rate, I open euro account in my bank.

But you must contact paypal via resolution center ( there is no option in web menu ) to change your primary currency on your added credit card to euro ( or usd but let it be the same currency as you have it on your bank account ) and then every time when you withdraw the money you will get it in euro with no conversion rate. Later you can pick up that euros in your bank.

 

[barzorrr]

It will be converted to your local currency, but you are paying extra fees over it.
If your local currency is the Euro, I highly recommend charging Euros from all the European countries

You will be losing 4-5% extra net profit if you don't manage your currencies well

 

[HustleTong]

Debit card can only be used for purchases. You need to add a bank account for withdrawals.

 

[Simkaa]

Don't lie to people.

 

[TinyOctopus]

Debit card can only be used for purchases. You need to add a bank account for withdrawals.

You can withdraw to a card as well...visa card is ok

 

[proxygo]

i just a bank acc on mine, no debit card. withdraws are fine

 

[TomTheCat]

When I want to withdraw money, they convert usd or euro to my local currency with bad conversion rate.

This conversion rate you are talking about is not set by PayPal, but Visa or MasterCard, and is usually 5%.

https://www.mastercard.us/en-us/consumers/get-support/convert-currency.html

 

[Simkaa]

This conversion rate you are talking about is not set by PayPal, but Visa or MasterCard, and is usually 5%.

https://www.mastercard.us/en-us/consumers/get-support/convert-currency.html

No it's not. PayPal converts withdrawals on it's own. I use B/A to withdraw and PP converts it before I even can withdraw.

 

[NSARtSERVICE]

i never withdraw from pp i have the same question , can you withdraw in MasterCard prepaid?

 

[Simkaa]

i never withdraw from pp i have the same question , can you withdraw in MasterCard prepaid?

MC allows only so few countries to withdraw, so I doubt but VISA is way to go when you want to withdraw to card

 

[HenryObi]

no you cant withdrawal to debit card

Actually you can, depends on the type of card, I don't know exactly what type but a prepaid card offered by a bank in my country accepts withdrawal to card. The option is there on PayPal.

@OP I do not know exactly how but the easiest way to know is by attempting withdrawing to your card. If it goes there you have your answers.

 

[Sunmoluvic]

Hello!

I have linked my card and I want to withdraw my money. I have 2 questions:

First, is there a way to transfer my money to my debit card and if yes , how? I have linked just the card and not a bank account. May you please tell me what are the steps?

Second will the money be automatically converted to my local currency?

It depends on your country bro, you can check the list of withdraw method available in your country here
https://www.paypal.com/cgi-bin/webscr?cmd=_display-country-functionality-outside&dispatch

And please note that not all bank or debit card is supported for withdrawal

 

[NSARtSERVICE]

It depends on your country bro, you can check the list of withdraw method available in your country here
https://www.paypal.com/cgi-bin/webscr?cmd=_display-country-functionality-outside&dispatch

And please note that not all bank or debit card is supported for withdrawal

yes but prepaid it is ok?

 

[TheKingSlayer]

don't listen to incomplete info. You can withdraw to a card sure, if the card has pin verification option, so paypal can verify ownership.

If not, then you need to add and verify a bank as well, then you can withdraw to either bank or card. Cheers