Updated on September 14th, 2021 at 08:50 am
Hello guys, today I am going to show you How To Easily Transfer Your Amazon Gift Card To Your PayPal Account.
Amazon is the fastest growing online store owned by a multi-billionaire by Jeff Bezos and has already made lots of fame worldwide.
Almost everyone now owns an account with Amazon because it’s the biggest marketplace where you can promote your digital products and make good sales.
When Jeff Bezos first started the company in 1995, it was just a bookstore run out of his home garage.
When Amazon opened its first physical bookstore in 2015, it stayed true to the company’s roots.
This post is a guide on how to transfer amazon money to Paypal and every other thing you need to know.
Amazon gift card is the most promising approach to shop and spares on the web.
A gift card from Amazon is the most practical approach to shop and spares on the web.
Kindle Contents can use Amazon Gift Cards to buy Kindle content, digital music, and Amazon Video downloads on the Amazon E-commerce Store.
When you want to use Amazon Gift cards for your digital downloads, all you have to do is redeem the gift card on your account.
It works pretty simple so that the recipient of the Amazon gift card can redeem the gift on Amazon.
The card’s balance will automatically be applied to his account and used to pay for any future items purchased on Amazon.
How To Transfer Amazon Gift Card To Paypal
From my Findings, I discovered. It’s not possible to have a direct fund transfer from your Amazon Gift card to your PayPal.
It is simply because both companies are in direct competition with each other.
However, we have found a solution that will help you get your amazon funds to your Paypal wallet.
- Your Bank account must link your Paypal account to your bank account (credit/Debit card). That can easily transfer to your bank account.
- Another Paypal account best open and match with the name on the amazon gift card or, better still, linked with the amazon gift card.
Before you try out this method, ensure you have linked your bank account to your Amazon pay and Paypal accounts before you transfer funds from amazon to Paypal.
You also have to select the same bank account to link to both your Amazon Pay and PayPal accounts; otherwise, the transfer won’t work out effectively
Link Your Bank Account to Amazon Pay
Before you embark on the first step of transferring an amazon gift card to Paypal, first of all, log in to your Amazon Pay home page.
Click Deposit Method, which lets you link a verified bank account as one of your payment methods on your Amazon Pay account.
Look for the deposit method, edit and fill the necessary fields, and once you are done, Click Verify to submit your bank account information.
Within five to seven days, Amazon will send verification that your bank account has been added to your Amazon Pay account.
Link Your Bank Account to PayPal
To link your bank account to Paypal, kindly log in to your Paypal account, click on the edit account, and fill in the needed bank information such as bank location, bank name, routing number, account number, and name listed on the account.
Once this is successfully done, you will receive a notification within 3-6 days telling you your bank account has been successfully linked to Paypal.
Transfer Funds from Amazon Pay to Bank Account
To transfer funds from Amazon pay to a bank account, Sign in to your Amazon Pay account, click the Withdraw Funds tab and select Bank Account in the drop-down menu.
Click Transfer Funds to a Verified Checking Account and select the Amazon withdraw funds bank account that you previously added.
Type the amount you want to withdraw, and then click Continue and then Confirm. You will receive a notification that your withdrawal will take five to seven business days to hit your bank account.
Transfer Amazon Withdraw Funds to PayPal
After your Amazon payment has appeared in your bank account, go to your PayPal account home page and log in. Click Add Money, then click Balance Manager and choose your verified bank account.
Select Add Money from Your Bank Account and enter the amount of money you want to withdraw. Click Continue to complete the transaction.
PayPal will send a confirmation that it is processing your withdrawal request and that it can take three to five days for the transfer to go through.
Amazon Gift Card To Cash Using Venmo
Venmo is a peer-to-peer (P2P) payment app available on iPhones and Android phones that allows for the quick and easy exchange of money directly between individuals.
If you have a Venmo account, It is possible to convert an amazon gift card to cash with Venmo.
All you need here is a Venmo account (Which you can signup on the website) that is well set up and working, then link your gift card to your Venmo account.
Just go to settings then payment method and add your gift card details has the payment method.
The other account will be your trusted friend or family Venmo account you will transfer the money to.
After you have transferred the money to the friend or family account.
He or she would have had their bank account linked to the Venmo account.
So they will withdraw it to their bank account for you.
Conclusion: How To Transfer Amazon Gift Card To Paypal
We hope that you’ll finally make use of your Amazon gift card balance and convert amazon gift cards to Paypal.