Confused about Paypal -- when someone sends you payment...?

[Doran]

I've only used Paypal to pay for goods until very recently when I placed an order for a group. Some have chosen to reimburse me via Paypal. I thought that money would just go directly into my checking account (same one funds come out of), but instead it appears the money goes into a Paypal account which is only useful when I'm paying for something again. That kind of bums me out because I really wanted to have the funds now, not tied up in Paypal.

 

Am I missing something, or this just how it is? :confused:

[Jackie in AR]

You can request to have your funds transferred to your checking account since you already have it linked to your Paypal account.

 

There should be a "withdraw" option at the top of your "My Account" page of Paypal. Click on that to request the transfer.

 

ETA: And the transfer will take a few days, maybe 4 or 5.

[RebeccaC]

You can move the funds into your checking account from Paypal.

 

• Log on to your account,
  
• then scroll over the overview bar to withdraw.
  
• and it will give you the option to transfer funds to your checking :)

 

 

Only down side is that it takes time and the amount of time depends on your bank. My bank takes around 2 to 3 days. This is how I bought groceries last month :001_huh: sold books on these boards and then transferred funds.

 

HTH

Rebecca

[genie]

You can request to have your funds transferred to your checking account since you already have it linked to your Paypal account.

 

There should be a "withdraw" option at the top of your "My Account" page of Paypal. Click on that to request the transfer.

 

ETA: And the transfer will take a few days, maybe 4 or 5.

 

Yep. You can also request a Paypal debit card, that you can use like a regular debit card and it uses the money from your Paypal account. I don't sell enough to bother with that, but I bet it's really useful for those who do.