Having a PayPal account provides many facilities these days. A person can easily withdraw any amount available in their Paypal account. Its auto-withdrawal property has proven to be very beneficial for Indians. Let us discuss in detail other facilities that PayPal account provides us.
I had opened a PayPal account couple of months ago. I received my first online earnings of 2.73$. I was a bit excited and happy. Now, I tried to transfer the amount into my bank account. But, I was unable to do so as one has to reach 10$ to transfer money to the bank account. Now, I was a bit nervous.
Because, I knew that according to Indian rules one cannot hold any amount in the account. I was worried that my first earning will be lost, as it has not reached 10$ and within 24hrs the money will be removed. I thought I made a mistake, I would have requested my payout after reaching 10$.
In a state of anxiety I aggressively started collecting information on various websites regarding my problem. But I did not get any relevant article over the topic. Although, there were forum discussions over the topic but could not help me. Unfortunately, I did not get the right answer for my question, whether the amount less than 10$ will be transferred to my bank account or will be erased as it is less than 10$.Then I sent a mail to the PayPal authorities regarding my query. Usually, they take 3-4 business days to reply.
Fortunately, the next day exactly after 24hrs, I received an Email that my PayPal balance was auto-withdrawn. I was very happy to see. I wanted to share my experience with the authors who are new to online earning. This prompted me to write this article.
As I have mentioned above, to withdraw amount from PayPal to personal bank account, one needs to have at least 10$ balance. So, if one receives online payments less than 10$ should wait for the next payments to withdraw money till it reaches 10$. But in India, luckily any amount in PayPal account will be auto-withdrawn within 24 hrs to the bank account. In other words, one cannot keep money in the PayPal account.
I found this as a benefit because one doesn’t have to wait till the amount reaches 10$ to withdraw. In case one receives amount less than 10$ need not worry, as it will be auto-withdrawn and will be deposited to bank account instantly.
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