Receiving money

Sydney7211
Contributor
Contributor
I made this PayPal for strictly invoicing and recieving payments. My bank account is linked and my question is will the payments go to my bank account or will it be put into my paypal balance? And if it's the latter of the two, am I able to transfer to my bank account.
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4 REPLIES 4

kernowlass
Esteemed Advisor
Esteemed Advisor

Payments from buyers go to your paypal balance, you can then withdraw them to any bank account you have linked and verified to your paypal account by clicking on withdraw funds link just below your balance.

 

 


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Sydney7211
Contributor
Contributor
Thank you. Is it free of charge?
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kernowlass
Esteemed Advisor
Esteemed Advisor

its free to withdraw yes.


Advice is voluntary.
Kudos / Solution appreciated.
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angelleye
Advisor
Advisor

Keep in mind you could also get a PayPal debit card for your account and spend the cash directly that way.  You get 1% cash back on purchases made with this debit card, so in a way you can get some of your fees back when receiving payments.

Angell EYE - www.angelleye.com
PayPal Partner and Certified Developer - Kudos are Greatly Appreciated!
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