{"id":27836,"date":"2024-08-29T02:41:44","date_gmt":"2024-08-29T02:41:44","guid":{"rendered":"http:\/\/anja"},"modified":"2024-08-29T02:41:44","modified_gmt":"2024-08-29T02:41:44","slug":"paypal","status":"publish","type":"docs","link":"https:\/\/www.worldfirst.com\/my\/help-center\/receiving-payments\/paypal\/","title":{"rendered":"How do I receive money from PayPal?"},"content":{"rendered":"\n<div class=\"wp-block-columns has-background is-layout-flex wp-container-core-columns-is-layout-1 wp-block-columns-is-layout-flex\" style=\"background-color:#8dd2fc3b\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p>If you use PayPal to collect payments from customers, you can withdraw your sales proceeds into the World Account. With the World Account, you can hold your multi-currrency funds, make conversions at competitive FX rates, remit to your bank account, or pay your third-party suppliers abroad. You can even make purchases at wholesale sites like 1688.com directly with your World Account balance. With a few simple steps, you can start withdrawing your PayPal funds.<\/p>\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h4 class=\"wp-block-heading has-medium-font-size\" id=\"h-the-type-of-receiving-account-i-set-up-to-withdraw-from-paypal\"><strong>The type of Receiving Account I set up to withdraw from PayPal<\/strong><\/h4>\n\n\n\n<p id=\"u06d206ec\">You need to set up a Receiving Account in the corresponding currency of your PayPal balance. Otherwise, PayPal may convert your balance into your account currency, for which they will charge a fee.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h4 class=\"wp-block-heading has-medium-font-size\" id=\"h-step-1-set-up-the-receiving-account\"><span style=\"color: #ff0000;\"><strong>|<\/strong><\/span> Step 1 &#8211; <strong>Set up the Receiving Account<\/strong><\/h4>\n\n\n\n<ul>\n<li>On your World Account dashboard, go to the &#8220;<strong>Collection<\/strong>&#8221; tab<\/li>\n\n\n\n<li>Then click on &#8220;<strong>Manage Accounts&#8221; &gt; &#8220;Add a New Receiving Account<\/strong>&#8220;. You can then select the currency of your PayPal withdrawal balance<\/li>\n\n\n\n<li>Once the account is set up, you can click on &#8220;<strong>Details<\/strong>&#8221; to get the account details<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><a href=\"https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/9\/2024\/06\/20240606063241922.webp\"><img decoding=\"async\" src=\"https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/9\/2024\/06\/20240606063241922-1024x213.webp\" alt=\"\" class=\"wp-image-32546\" style=\"width:700px; box-shadow: 1px 1px 3px 3px #EEEEEE;\"\/><\/a><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/9\/2024\/06\/20240618084607559.png\"><img decoding=\"async\" src=\"https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/9\/2024\/06\/20240618084607559.png\" alt=\"\" class=\"wp-image-33025\" style=\"width:500px; box-shadow: 1px 1px 3px 3px #EEEEEE;\"\/><\/a><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h4 class=\"wp-block-heading has-medium-font-size\" id=\"h-step-2-link-your-receiving-account-to-paypal\"><span style=\"color: #ff0000;\"><strong>|<\/strong><\/span> Step 2 &#8211; <strong>Link your Receiving Account to PayPal<\/strong><\/h4>\n\n\n\n<p id=\"u89a1e05b\">You have two options in withdrawing money from your PayPal account:<\/p>\n\n\n\n<ul>\n<li><strong>Instant transfer<\/strong> to your eligible debit card or bank account in a few minutes (up to 30 minutes)<\/li>\n\n\n\n<li><strong>Standard transfer<\/strong> to your bank account (3-5 working days)<\/li>\n<\/ul>\n\n\n\n<p id=\"u1018f4a6\">To withdraw money from your PayPal account:<\/p>\n\n\n\n<ul>\n<li>Go to &#8220;<a href=\"https:\/\/www.paypal.com\/myaccount\/wallet\" target=\"_blank\" rel=\"noreferrer noopener\">Wallet<\/a>&#8220;<\/li>\n\n\n\n<li>Click on &#8220;<strong>Transfer Money&#8221;<\/strong><\/li>\n\n\n\n<li>Click on &#8220;<strong>Withdraw from PayPal to your bank account<\/strong>&#8220;<\/li>\n\n\n\n<li>Select &#8220;<strong>Instant (Free)<\/strong>&#8221; or &#8220;<strong>Standard (Free)<\/strong>&#8220;<\/li>\n\n\n\n<li>Follow the instructions to fill out your Receiving Account details<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>If you use PayPal to collect payments from customers, you can withdraw your sales proceeds into the World Account. With the World Account, you can hold your multi-currrency funds, make conversions at competitive FX rates, remit to your bank account, or pay your third-party suppliers abroad. You can even make purchases at wholesale sites like [&hellip;]<\/p>\n","protected":false},"author":30,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"doc_category":[16],"doc_tag":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.2 (Yoast SEO v24.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How do I receive money from PayPal? | WorldFirst MY<\/title>\n<meta name=\"description\" content=\"Use Paypal to accept payments and integrate with WorldFirst for multi-currency funds, currency conversion, and secure payouts.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.worldfirst.com\/my\/help-center\/receiving-payments\/paypal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How do I receive money from PayPal?\" \/>\n<meta property=\"og:description\" content=\"Use Paypal to accept payments and integrate with WorldFirst for multi-currency funds, currency conversion, and secure payouts.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.worldfirst.com\/my\/help-center\/receiving-payments\/paypal\/\" \/>\n<meta property=\"og:site_name\" content=\"WorldFirst MY\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cdn.marmot-cloud.com\/worldfirst\/sites\/9\/2024\/06\/20240606063241922-1024x213.webp\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.worldfirst.com\/my\/help-center\/receiving-payments\/paypal\/\",\"url\":\"https:\/\/www.worldfirst.com\/my\/help-center\/receiving-payments\/paypal\/\",\"name\":\"How do I receive money from PayPal? 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