If you’re like me, online shopping is part of a weekly regiment. When you’re buying online, you’re confronted with a multitude of payment methods. Many stores and subscription services, who sell their products and/or services online, have chosen to simplify and streamline the way customers pay by using PayPal.
Paypal is a faster, more flexible and secure way to pay online. Signing up is free and money can be transferred all over the world. You can even use your credit cards if they’re loaded to your PayPal account.
How to add money to your PayPal account from your bank account
You can add money to you Paypal account from your bank account in 4 easy steps:
Step 1: Click “Add money”
Log into your PayPal account and click “Add money”, under the “Transfer Money” button.
Step 2: Add money from your current bank account or link a new one
If you already have a bank account loaded, you can use that one. If not, you’ll need to click the “Link a bank” button and continue with the process of linking your bank account to PayPal.
Step 3: Enter the transfer amount
Enter the amount you would like to send. In this case, we entered $100 and there are no fees associated with a transfer from a bank account. Once the amount is entered, click “Next”.
Step 4: Review the information and send money
PayPal requires you to review the information before sending the money. If the information is correct, you can click on the “Transfer Now” button.
How long does it take to transfer money from bank to PayPal?
Depending on your bank, the transfer may take 3 to 5 business days. We recommend always having an available balance with PayPal; this way if you need to make a payment, you will be able to do so immediately. If you have a credit card linked to your account, you can ask the system to use it to make a purchase. Fees may apply.
The PayPal app is also amazing and easy to use. You can securely log in to your account and confirm money transfers using fingerprint authentification.
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