Have you received a payment via PayPal? Find out how to register a bank account and transfer this amount to PicPay
Payments received on PayPal can be transferred directly to the account of the PicPay🇧🇷 This way, the amount is sent through TED and the amount can be used to pay bills, use Pix or render through the app’s wallet.
First, you need to understand how the paypal transfers🇧🇷 The platform no longer allows you to keep a balance in your wallet, so you must register a bank account in your profile to receive the balance automatically. For each new amount received, PayPal carries out the transfer to the registered account, in a process that can take up to three working days.
PicPay is mostly used for general payments, but still functions like a bank. That is: every person who creates an account in the application will also receive a branch number and a current account for bank transfers. With this information in hand, you can register your PayPal account and receive the money.
How to locate your PicPay bank account details
Log in to the PicPay app and tap on the ‘Wallet’ tab. Then, at the top of the screen, you can see the bank code, branch and current account numbers. You will need this information to register your bank account with PayPal.
How to register an account and transfer money from PayPal to PicPay
- Log into PayPal via your browser and click on the “Wallet” tab;
- Then select “Add bank account”;
- Fill out the form with your PicPay bank account and save the information;
- Wait for two deposits from PayPal with symbolic amounts to your account, from R$ 0.01 to R$ 1. Then communicate this amount in the email received to complete the registration;
- For each payment received on the PayPal profile, the amount will be automatically transferred to the registered bank account.
It is important to note that PayPal only accepts bank accounts linked to the same CPF as the cardholder. There is no fee for these transfers.
Is it possible to transfer money from PayPal via Pix?
No. Because PayPal for Individuals no longer has the ability to store your account balance, you cannot access Pix assets through the app.
This article is not an editorial. It is for informational purposes only and does not release the reader from the obligation to fully know and understand the conditions of use of the service referred to in the journalistic article published here.
Canaltech is not responsible for the conditions and changes of use made available by external companies, platforms or agents, given that the use of third-party services by our readers is solely at their own risk.
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Camila Luna is a writer at Gossipify, where she covers the latest movies and television series. With a passion for all things entertainment, Camila brings her unique perspective to her writing and offers readers an inside look at the industry. Camila is a graduate from the University of California, Los Angeles (UCLA) with a degree in English and is also a avid movie watcher.
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