{"id":691,"date":"2008-07-06T06:00:32","date_gmt":"2008-07-06T06:00:32","guid":{"rendered":"https:\/\/www.amitbhawani.com\/blog\/?p=691"},"modified":"2008-07-06T06:00:32","modified_gmt":"2008-07-06T06:00:32","slug":"how-paypal-withdrawal-to-credit-card-feature-works","status":"publish","type":"post","link":"https:\/\/www.amitbhawani.com\/blog\/how-paypal-withdrawal-to-credit-card-feature-works\/","title":{"rendered":"How Paypal Withdrawal to Credit Card Feature Works"},"content":{"rendered":"

Paypal is offering multiple funds withdrawal<\/a> options for Indians out of which one is Funds to Card<\/a> option where in a paypal user can withdraw his funds directly to his credit card using which he has registered and confirmed his account or any credit card which he adds in his account. The advantage of this feature is that when you have a Credit Card bill in queue you can easily make these payments using Paypal because it takes a maximum of 7-10 Business days for the funds to to be transferred to your account and generally you get a credit in your credit card statement.<\/p>\n

\"Paypal<\/p>\n

Basically this feature is not just limited to Indians but to 26 international countries like Italy, India, Luxembourg, Israel, Malaysia, Argentina, Philippines, Turkey, Brazil, Lithuania, Bulgaria, Indonesia, Uruguay, San Marino, Slovakia, Latvia, Chile, Romania, Cyprus, Slovenia, United Arab Emirates, Estonia, Malta, Gibraltar, Liechtenstein and Iceland etc. You should generally keep in mind that withdrawing the funds via ATM which have been credited to your account using paypal is not advisable because many credit card companies dont allow this and they take these transactions as cash advance withdrawal and these are only allowed to be adjusted with your debits ie payments made using credit cards<\/a>.<\/p>\n

I have linked my ICICI Gold Credit Card to my ICICI Bank Account which is useful because all the credit card bills are automatically debited from my bank account and this way i can avoid going to a bank and depositing credit card payment funds or check for the same. Using this feature i generally have to pay just 5$ as paypal service charges and get the funds credited. Its very useful when you have a credit card which is not linked to any bank and the situation when you want to avoid going to a bank or drop box to deposit cash\/check like in the case of my main Citibank credit card.<\/p>\n

Paypal also offers withdraw funds to banks<\/a> feature which is also useful but you need to have some of your bank’s details ready when you are going to give this service a try ie MICR Code, Bank Code, Branch Code etc.<\/p>\n

\"ICICI<\/a><\/p>\n

The above screenshot shows you how the transaction appears in your credit card statement. If you have any question about withdrawal of funds to your credit card do let me know.<\/p>\n","protected":false},"excerpt":{"rendered":"

Paypal is offering multiple funds withdrawal options for Indians out of which one is Funds to Card option where in a paypal user can withdraw his funds directly to his credit card using which he has registered and confirmed his account or any credit card which he adds in his account. The advantage of this […]<\/p>\n","protected":false},"author":1,"featured_media":18382,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[665],"tags":[],"class_list":{"0":"post-691","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tips-tweaks","8":"entry"},"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/12\/paypal-process.gif?fit=416%2C144&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":78,"url":"https:\/\/www.amitbhawani.com\/blog\/withdraw-funds-to-your-visa-card-paypals-new-feature\/","url_meta":{"origin":691,"position":0},"title":"Withdraw Funds to Your Visa Card PayPals New Feature","author":"Amit Bhawani","date":"October 4, 2007","format":false,"excerpt":"Paypal recently announced a excellent feature from their side which was really helpful because this time this feature supported countries like india, where in you can withdraw funds directly from paypal to your Visa\/Master Card Debit or Credit cards in 26 countries all over the world including Malaysia, India, Indonesia\u2026","rel":"","context":"In "Tips & Tweaks"","block_context":{"text":"Tips & Tweaks","link":"https:\/\/www.amitbhawani.com\/blog\/category\/tips-tweaks\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8478,"url":"https:\/\/www.amitbhawani.com\/blog\/alertpay-adds-credit-card-withdrawal-in-india\/","url_meta":{"origin":691,"position":1},"title":"AlertPay adds Credit Card withdrawal in India","author":"Yogesh Patel","date":"February 11, 2010","format":false,"excerpt":"In the times where Paypal giving out problem to Indian users, Alertpay pops out with good news to the their Indian customers who use Alertpay as a payment processor. I am sure many of the people who uses Paypal would be looking for alternative for time being to run their\u2026","rel":"","context":"In "Tech News"","block_context":{"text":"Tech News","link":"https:\/\/www.amitbhawani.com\/blog\/category\/tech-news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8565,"url":"https:\/\/www.amitbhawani.com\/blog\/paypal-india-withdrawal-alternatives\/","url_meta":{"origin":691,"position":2},"title":"Paypal India – Withdrawal Options Bank CC Check Xoom","author":"Amit Bhawani","date":"February 18, 2010","format":false,"excerpt":"As everyone of us is aware about the currently going Paypal Withdrawal Problem in India, there are very few options left out for us as a account holder and most of the freelancers and small business owners are facing problems towards withdrawing money and even receiving money. There have been\u2026","rel":"","context":"In "Tech News"","block_context":{"text":"Tech News","link":"https:\/\/www.amitbhawani.com\/blog\/category\/tech-news\/"},"img":{"alt_text":"Paypal","src":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/02\/Paypal.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":3841,"url":"https:\/\/www.amitbhawani.com\/blog\/convert-paypal-usd-to-inr-withdraw\/","url_meta":{"origin":691,"position":3},"title":"Convert Paypal USD to INR & Withdraw Money","author":"Amit Bhawani","date":"April 25, 2009","format":false,"excerpt":"Hi Amit , i have money in Paypal inform of $(dollar), and i want to transfer that money in my bank account so what i have to do? How can i convert USD$ into Indian Rs? - Mohan In order to answer this question first of all you need to\u2026","rel":"","context":"In "Tips & Tweaks"","block_context":{"text":"Tips & Tweaks","link":"https:\/\/www.amitbhawani.com\/blog\/category\/tips-tweaks\/"},"img":{"alt_text":"Paypal Currency Conversion","src":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/Images\/P\/Paypal-Currency-Conversion.PNG?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":107,"url":"https:\/\/www.amitbhawani.com\/blog\/paypal-withdraw-funds-to-card-works\/","url_meta":{"origin":691,"position":4},"title":"Paypal Withdraw Funds to Card Works","author":"Amit Bhawani","date":"October 20, 2007","format":false,"excerpt":"Paypal Withdraw Funds to Card Works : Finally my transaction of withdrawal my paypal funds to my credit card worked, and i just got a estatement of all my transactions which shows that my credit card has been credited 500$ which i tried to test out this new paypal service.\u2026","rel":"","context":"In "Tips & Tweaks"","block_context":{"text":"Tips & Tweaks","link":"https:\/\/www.amitbhawani.com\/blog\/category\/tips-tweaks\/"},"img":{"alt_text":"Paypal Credit Card Withdrawal","src":"https:\/\/i0.wp.com\/www.amitbhawani.com\/Images\/P\/paypal-credit-card-withdrawal.JPG?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":7285,"url":"https:\/\/www.amitbhawani.com\/blog\/answers-to-paypal-verification-funds-transfer-add-funds-problems\/","url_meta":{"origin":691,"position":5},"title":"Answers to Paypal Verification Funds Transfer Add Funds Problems","author":"Amit Bhawani","date":"November 26, 2009","format":false,"excerpt":"I went through your blog to read up on paypal procedures and was impressed with the detailed instructions to do so. I have some small questions about procedures involved in linking and confirming my debit card, and in linking my bank account. I'm fairly sure you have been through the\u2026","rel":"","context":"In "Tips & Tweaks"","block_context":{"text":"Tips & Tweaks","link":"https:\/\/www.amitbhawani.com\/blog\/category\/tips-tweaks\/"},"img":{"alt_text":"Paypal India","src":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2009\/11\/Paypal-India-150x150.jpg?resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/posts\/691","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/comments?post=691"}],"version-history":[{"count":0,"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/posts\/691\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/media\/18382"}],"wp:attachment":[{"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/media?parent=691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/categories?post=691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/tags?post=691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}