Hello, guys today I am going to show how PayPal amazon gift cards work and how to transfer Amazon gift cards to Paypal.
Amazon is the fastest growing online store owned by a multi-billionaire by the name; Jeff Bezos and has already made lots of fame all across the world.
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. So when Amazon opened its first physical bookstore in 2015, it was staying true to the roots of the company.
This post is a guide on how to transfer amazon money to Paypal and every other thing you need to know
Amazon Gift Card
Amazon gift card is the most advantageous approach to shop and spares on the web. It is available in different types in Italy and other countries across the world.
Gift card from Amazon is the most advantageous approach to shop and spares on the web. Amazon Gift Cards are cards that can be used 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
This works pretty simple in such a way that the recipient of the Amazon gift card can redeem the gift on Amazon. The balance of the card will automatically be applied to his account and will be 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. This 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 gift card funds to Paypal wallet
- Your Paypal account that is already linked to your bank account (credit/Debit card) 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 just ensure you have linked your bank account to both your Amazon pay and Paypal accounts before you transfer funds from amazon to Paypal
You also have to select the exact same bank account to link to both your Amazon Pay and PayPal accounts otherwise the transfer won’t work out effectively
1. 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.
Lookup for Settings and select your Account Info from the drop-down menu, you will be taken to your account information page.
Click Deposit Method, which lets you link a verified bank account as one of your payment methods on your Amazon Pay account.
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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.
2. Link Your Bank Account to PayPal
To link your bank account to Paypal, kindly login to your Paypal account, click on edit account and fill in the needed bank information such as bank location, bank name, routing number, account number, and the 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.
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3. Transfer Funds from Amazon Pay to Bank Account
To transfer funds from Amazon pay to 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.
4. 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.
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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.
How To Redeem PayPal Gift Card
You can now redeem Paypal gift cards wherever Paypal is accepted. You can use Gift cards to make purchases on any marketplace where PayPal is accepted.
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There are basically 2 types of Gift card codes you can use
If your code can be used in-store, tell the cashier you’re paying with a gift card. The cashier will either scan or key in the code to redeem it. We recommend printing the code if you can, as barcode scanners in some stores can’t scan from a mobile screen.
Not all self-checkout lanes accept gift card codes so we recommend going to an attended counter.
If your code can be used online, look for a gift card or voucher code option at the checkout on the seller’s website or app.
Gift cards can’t be stored in the PayPal Wallet and automatically redeemed right now. Make sure you enter the code when making a purchase to ensure your gift card is applied.
For PayPal members, you can simply add prepaid gift cards to your wallet then start using them during checkout just like any other credit or debit card. For users without a PayPal account, you can just enter the card information during checkout in the same way you would do with credit or debit cards.
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 actually possible to convert 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
Now the other account will be any of your trusted friends 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 just withdraw it to their bank account for you.
How To Get A Venmo Card
Just like an ATM card, A Venmo Card is simply is a debit card offered by the mobile payment service that uses the balance you have on the app for purchases made within the United States.
For many reasons, you might wish to get a Venmo card, you can get a Venmo Card by applying on the app. You’ll usually receive it in five to seven business days after you’re approved for it.
Conclusion: How To Transfer Amazon Gift Card To Paypal
We hope that you’ll finally make use of your Amazon gift card balance and sell Amazon gift cards for PayPal. If you’ve done successful transactions in exchanging your gift cards, let us know in the comments and we’d love to hear about it.
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