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Old 10-12-2017, 09:40 PM   #1
brassmonkey
GFY HALL OF FAME DAMMIT!!!
 
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Has anyone seen the new paypal feature?

now you can withdraw funds to a qualifying debit card for 25 cents! that is not all! the funds are on your card within 30mins!
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Old 10-13-2017, 12:30 AM   #2
adultchatpay
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really? haven't read that yet. But that is something awesome.
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Old 10-13-2017, 12:41 AM   #3
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Old news, this has been live since the summer.
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Old 10-13-2017, 12:52 AM   #4
Barry-xlovecam
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But your bank (debit card) will not post the funds for 1 or 2 business days if we are talking ACH

Maybe you mean a paypal credit card as the receiver?
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Old 10-13-2017, 12:53 AM   #5
brassmonkey
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Originally Posted by Barry-xlovecam View Post
But your bank (debit card) will not post the funds for 1 or 2 business days if we are talking ACH
https://www.cnet.com/news/paypal-ins...ithdraw-money/
i tried it 2 day. 20 mins it was there
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Old 10-13-2017, 01:13 AM   #6
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Back in the day Paypal used to do withdrawals by 'refunding' to credit cards. Visa/MC put a stop to that.
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Old 10-13-2017, 01:36 AM   #7
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nice
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Old 10-13-2017, 03:16 AM   #8
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https://www.cnet.com/news/paypal-ins...ithdraw-money/
i tried it 2 day. 20 mins it was there
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Old 10-13-2017, 03:26 AM   #9
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Is it only for US accounts?
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Old 10-13-2017, 03:29 AM   #10
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Is it only for US accounts?
I think so.
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Old 10-13-2017, 03:30 AM   #11
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I think so.
Paypal is ass for non-us accounts...%5 incoming transaction fee + %5 conversion fee with no option to withdraw without doing conversion of funds to local currency....
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Old 10-13-2017, 03:32 AM   #12
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That sounds awesome.
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Old 10-13-2017, 03:53 AM   #13
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Back in the day Paypal used to do withdrawals by 'refunding' to credit cards. Visa/MC put a stop to that.
That still works in some countries, like Croatia for example. As that is only way to withdraw money from paypal beside having US bank account which obviously it's not viable option if you are not US based.
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Old 10-13-2017, 06:00 AM   #14
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Is everything same as before? I mean, is that a separate option (new button) or it will be considered default?
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Old 10-13-2017, 07:56 AM   #15
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and requires you to link an eligible Visa or MasterCard debit card to your PayPal account.

This is only available to the US market then and they use VISA-net
So, I have to wonder what VISA-net is charging paypal?

Its useless for my purposes but FinTech is making this happen and that is a good thing.
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Old 10-13-2017, 06:37 PM   #16
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It sounds good. Don't have a debit card but did ask my credit card complaint for one. Read about Venmo, too. It seems like a rebranded PayPal. I haven't found the difference yet.
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Old 10-13-2017, 07:20 PM   #17
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sounds good. will have to try!
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Old 10-13-2017, 07:34 PM   #18
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It's on my PP debit card in like 0 seconds. But that is cool if needed. Most deposits, even refunds could be that fast but they want to hold on to the funds as long as they can. Advance Auto is one that I've noticed processes refunds immediately. It's usually back in my account by the time I get back home.
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Old 10-14-2017, 03:13 PM   #19
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This is awesome!!!! Good thing I still have my account and card!
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Old 10-16-2017, 01:04 PM   #20
brassmonkey
GFY HALL OF FAME DAMMIT!!!
 
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ok i did another 2 day it was there before i could check my bank account yes!!!
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Old 10-16-2017, 08:55 PM   #21
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Where do you see this option?

Does the entire US have access to it now?
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