26.8 C
Friday, August 7, 2020

How To Transfer Money From Paypal To PayMaya?

Here’s how to transfer money from your Paypal account to your PayMaya wallet using your PayMaya virtual card.

Must Read

Review: Asus VivoBook S14 (S433)

Whether you're an employee working from home, a distant learning student or simply an everyday laptop user, the slim...

JBL Earphones on Shopee that’ll make your workout more fun

Exercising may be tough but it can be more fun with music. It keeps us motivated, helps us to...

Making the most of your Huawei Y6p with Huawei AppGallery

So you finally got the new Huawei Y6p and one of the first things we do when setting up...

Huawei MatePad T8 Unboxing and First Impressions

The new Huawei MatePad T8 has a vibrant 8-inch HD display with an ultra-slim 4.9 mm side bezels and...

Huawei Watch GT 2e Unboxing and First Impressions

Huawei recently launched a budget-friendly version of the Watch GT 2 in the Philippines, the Watch GT 2e. The new...

PayPal is used by a large number of international businesses and individuals as their main means for sending funds to freelancers. As a blogger, I sometimes get clients from abroad and usually they pay for my services via PayPal and normally I would transfer funds from PayPal to my bank account. Good thing I learned that transferring or withdrawing money from your PayPal account to your PayMaya wallet using your PayMaya virtual card is possible.

One way to cash-in to your PayMaya account is through PayPal. If you have money in your PayPal account and you’re looking for a quick and easy way to transfer funds then you might want to check out this guide.

Normally we transfer funds from our PayPal account to our bank account that usually takes 3 to 5 business days to reflect. Fortunately, we can now transfer funds to our PayMaya account.

But before you can transfer your money from PayPal to your PayMaya, you first need to link both accounts. Make sure that you have at least PhP 100 in your PayMaya account to link to PayPal to facilitate an authorization request. The authorization amount charged against your PayMaya will be refunded when PayPal verifies with PayMaya that the card is valid.

How to link your PayPal and PayMaya account

  • After creating a PayPal account, go to “Banks and Cards” and choose “Link a Card or Bank”.
  • Under “Link a payment method” screen choose “Link a debit or credit card”.

    Link a payment method
  • Then under the “Link a card” screen enter your PayMaya virtual card information and ensure that your PayPal address is an exact match with the address used in your PayMaya registration.

    Link a card

For new users, the PayMaya virtual card can be found on your PayMaya app. Just tap “My Cards” and select “Online Payment Card Number”. You can then access your PayMaya virtual card complete with the 16-digit card number, expiration date, and CVV2 code which you can use for online transactions just like you would use a credit or debit card.

  • After entering your PayMaya virtual card information and made sure that all information were correct you can then click “Link Card”.
  • That’s it you have successfully linked your PayMaya card to your PayPal account. You can now start transferring your PayPal funds to your PayMaya wallet.

Note: as mentioned previously, Php 100 will be deducted from your PayMaya wallet to verify your ownership of the card. But don’t worry the amount will be refunded as soon as PayPal verifies your account with PayMaya.

Related Article: How to send funds from Paymaya to your GCash Account

How to Transfer Money PayPal and PayMaya account

Now that you have already successfully linked your PayPal and PayMaya accounts, you can start transferring money from PayPal to PayMaya.

  1. Login to your PayPal account and click “Transfer Funds” or go to the “Wallet” tab and click “Transfer Money”.

    Transfer From Paypal To Paymaya - PayPal Homepage
    PayPal Homepage
  2. Under “Transfer to your bank” select the Visa Debit card (PayMaya virtual card) that you previously added and make sure that you selected the correct card. Then click “Next”.

    Transfer From Paypal To Paymaya - Transfer to your bank
    Transfer to your bank
  3. Paypal will then show you the available PayPal balance you can transfer just click “next” to proceed to the next step.

    Transfer amount
  4. Under the “Review your transfer” screen, you can then edit the amount you wish to transfer or proceed with the amount available for transfer. Please note that PayPal has a Php 50 fee that will be deducted from the withdrawal amount.

    Review your transfer
  5. Then click “Transfer (amount) Now” to proceed with your fund transfer request.
  6. A notification will appear that you have successfully transferred money from your Paypal account to your PayMaya wallet.

    Transfer From Paypal To Paymaya - You transferred
    You have successfully transferred money from your Paypal account to your PayMaya wallet.

    Transfer From Paypal To Paymaya - Summary
    Transfer Money Summary
  7. You can then open your PayMaya app to check if the money has arrived in your wallet. The transaction can be found under “Recent Activities” on your PayMaya home screen.

    Transfer From Paypal To Paymaya - Recent Activities
    Paymaya Recent Activities

That’s it, we’ve successfully transferred your funds from your Paypal To PayMaya account. You can check your PayMaya account to see if the money is already in your e-wallet. In my case, I received the money transfer almost instantly unlike the regular bank transfer from PayPal that usually takes 3 to 5 business days to reflect.

Related Article: How to send funds from GCash to your Paymaya Account

Was this article helpful? Please don’t forget to share. Thank You.

For any queries or concerns, you can check out PayMaya’s Customer Support for answers to the most frequently asked question about PayMaya.

Related Article: PayMaya recently launched “Negosyo” app for MSMEs

Download via App Store Download via Google Play Store

Latest News

Garmin® new solar-powered smartwatches lead the industry standard with a 500 percent higher solar conversion rate

Building on the success of the debut of its patented solar charging technology in fēnix 6X Pro Solar, Garmin...

Review: Logitech G560 Lightsync Speaker System

When it comes to computer peripherals, Logitech has been a household name in making top-notch mouses and keyboards. Looking back, I can still remember...

ASUS VivoBook S14 (S433): Versatile Laptop and A Content Creator’s Friend

Photographers need a good camera to take beautiful photographs but after taking pictures they will need a good laptop which they can use to...

Get up to 15% off on NVIDIA Gaming Monitor during the 8.8 Shopee Sale

Nothing but the best is good enough especially when choosing the right gaming monitor, whether you’re a casual gamer or a professional. The key...

Hisense 43E5100 43-inch Full HD LED TV is on sale at Shopee

As people spend more time at home due to the coronavirus pandemic, you and your family could find yourselves streaming more TV shows and...

Go Negosyo Project Ark’s Swab Pooled Testing signed a virtual MOA with BDO Foundation and Makati City

Presidential Adviser for Entrepreneurship and Go Negosyo Founder Joey Concepcion announces that the city of Makati led by Mayor Abigail Binay will pilot the...

All Day taps PayMaya to bring safer and seamless cashless payment options online and in-store

To provide a safer and more convenient experience to its customers nationwide, All Day will provide contactless payment options online and in-store powered by...

More Articles Like This