If you want to buy online, the safest method available for more than 20 years is PayPal, Elon Musk being one of its co-founders. Above all, when it comes to shops where you have not previously bought, since you do not have a previous experience and you do not quite trust, something normal in the time in which we live.
PayPal is not only the method safer for online purchases, but, in addition, it is also a fantastic method to receive money from friends, family or from purchases you make through the internet. In this article, we are going to show you how to withdraw money from PayPal from the mobile application.
What is Paypal
PayPal is a platform that allows us to pay for the purchases we make through the internet, such as making charges for the products we remain, money from friends or family in a fast, simple and without using our credit card.
How to pay with PayPal
When we want to pay with PayPal, we must enter the email of our account along with the password, mark the amount we want to pay and, automatically, PayPal will transfer from our credit or debit card the amount to the seller's account.
If we have a problem with the product or service that we have purchased, PayPal will retain the money we have paid and it will open a dispute between both parties, parties that must argue and / or put a solution to the problem that the client has expressed.
Is PayPal safe?
If we paid with a credit card, although it is possible with a lot of time ahead and it is not always possible, it is very difficult to cancel the payment and get our money back. It is as if once we have paid, the company has disappeared from the map.
This is where PayPal offers us security when making purchases that we will never find in our bank. In addition, if we receive a charge on our card, because the numbers on our card circulate freely, we will find ourselves andn the same situation of helplessness.
However, in PayPal there is no problem. In fact, a few months ago I had a similar problem, as A person charged my account with an amount for a purchase that they had not made.
As soon as you have knowledge of that payment, enter my PayPal account, I accessed the payment details and canceled it. Minutes later, I already had the money back in my account.
To avoid this problem, the best we can do is enable two-step authentication. In this way, when someone tries to access our account, they will need to enter a code that is sent to our phone number. Without that code, there is no way to access our PayPal account.
Thanks to the security that PayPal offers us, we can buy in any internet store without running the risk that our credit card details circulate on the internet and let's start getting unauthorized charges.
If you know the establishment where you are going to buy, or behind is a well-known company, such as Amazon, Apple, El Corte Inglés, Fnac, Decathlon ... we will not have any problem.
These companies offer us secure payment gateways using the https protocol, a protocol that encrypts all the information that is shared from our browser to the destination server, so if someone has access to that information, it will take many years to decrypt it.
If the web page where you want to buy does not show a padlock in front of the web, it is not a secure payment platform, and the card data will circulate without any protection to the vendor's web, with the risk that this entails.
How much does PayPal cost
Use PayPal is completely free for users who receive money. There is no commission to pay to receive money, but when we want to withdraw it depending on the method we use.
However, for users who use this platform to receive money, PayPal applies a commission that varies, depending on the amount received.
To avoid paying that commission, we must establish in the shipping options that it is a money transfer to a friend or family member. To carry out this type of shipment, we will not be able to claim at any time if we have a problem, since there should not be, as it is not a commercial transaction.
If you buy a product online and the payment method in PayPal, it does not occur to you to listen to the seller and send the money as if it were a friend, since You will not be able to open a dispute if the product does not agree with the established.
If the seller refuses, you can reach an agreement and share the commission that PayPal will charge the buyer. But, I insist, do not pay as if it were a family member.
How to withdraw money from PayPal
For withdraw money from PayPal to our credit or debit card or to our checking account, we must carry out the steps shown below:
- We open the application on our mobile device and enter our account data.
- Next, click on the Available balance shown in the app.
- At the bottom of the application, click on Transfer money.
- Finally, we must select if we want to receive the money through the credit or debit card associated with a checking account that we have associated in the application.
- Send money to card. This process is the fastest to withdraw money from PayPal since it only takes a few minutes. It has a commission of 1% of the total amount.
- Send to a bank account. This is the slowest process since it can take between 1 and 3 business days and rates that are not specified may apply, so we may be in for some unpleasant surprises.
How to add money to PayPal
Although it is not necessary to add money to the PayPal account to make purchases, Since these are paid directly from the credit card that we have associated with the account, if you want to keep track of your expenses, it is advisable to do so.
If you would like to add money to your PayPal account You must follow the steps that we show you below:
- Once we are in the application, click on the available balance on our account.
- Next, at the bottom of the application, click on Add money.
- If we have not entered our account number, we must add it at that time along with the amount we want to add.
- Finally, we must sit and wait between 1 and 3 business days to receive the money. This process does not have any type of commission associated with it.
PayPal does not allow users to add money to PayPal through a credit or debit card.
