Perhaps the most exciting moment in the whole make-money-online venture is when you spend or withdraw your earned money. Spending money on the Internet is very easy, simply find the item that you dream about on an online store and pay for it. For the purpose of buying something on the Internet the most accepted payment processor is PayPal. I have buy items from eBay several times with the money earned on the Internet, it cannot be easier.
Withdrawing money, or transferring money from your e-bank account to your real bank account is not very difficult either, just follow the steps described here.
Withdraw money from your PayPal account
Log into your PayPal account, and go to Account Overview. Click the Withdraw link located on the top of the page. There are two options available:
- Withdraw funds to your bank account
- Withdraw funds to your card
Either of them is simple, as their name suggest the first is to withdraw the money to your bank account, the second is to withdraw the money to your credit card.
Click the link of your choice, the withdraw process is the same for both options. By choosing to Withdraw to your bank account on the next page you need to add a bank account if haven’t done it yet. You have to submit the requested data: Bank Name, Account Type, Routing Number and Account Number.
Then select which balance you want to withdraw from. (This only if you have more than one. Let’s say you have a U.S. Dollar balance and an Euro balance. Keep in mind that you can convert one currency to another whenever you want, thus increasing/decreasing your balances.)
Enter the amount you want to withdraw (it cannot be higher than the amount you have in your PayPal account), select which bank account to transfer the money to (if you have added more than one bank account) then hit the Continue button. On the next page check if everything is ok, if it is hit the Submit button.
Depending on the country you live in the money is transferred in 3-7 days.
Press Withdraw funds to your card to transfer the money to your credit card and get the cash right in your hand from any ATM. The withdrawal process to your credit card is quite similar, the difference is that you need to add a credit card, if there’s no card associated with PayPal yet. The other difference is that this type of withdrawal is charged with a 2.50$/transfer. This amount might change from one country to another. PayPal transfers funds to your card in 2-3 days, but your card issuer’s policies may affect the processing time. Usually I get the money in 4-6 days.
Withdraw money from your AlertPay account
Withdrawing the money from an AlertPay account goes the very same way as in case of PayPal. It is useless to write the same process again. The only difference is that AlertPay charges a higher fee for the issued transactions.
From PayPal to AlertPay, from AlertPay to PayPal…
Many people are interested in this, so let’s make it clear: transferring money from PayPal to AlertPay, from AlertPay to PayPal or any other cross transactions between different e-bank accounts is not possible. To move your money from one type of e-bank account to another you need to find an inter-mediator. This might be a person or a website that is willing to send you money in exchange for your money. Let’s say you have money in AlertPay and want them to have in your PayPal, you send the money to the inter-mediator’s AlertPay account, in return he sends the money to your PayPal account. The inter-mediators charge a fee of 5-10% for this.
Be wary! Never send money to people you don’t know or to someone you don’t trust.
I wish you to have a lot of money to withdraw. Once you get your money in your hand, spend them wisely.