What is the PayPal balance or should I say a PayPal balance rather? PayPal is one of the best online mobile wallet platforms in the world. With PayPal users all over the world can send and receive money with a lot of considerable ease. This platform is so good at what it does that it is used by both businesses and individuals alike. With the latter being said, hence there are two types of accounts on the platform, the business and personal account. With the personal account on this platform, you can send and receive money from both friends and family all over the world. If you also love doing your shopping inline you should consider setting up a personal account. The business account on the other hand is strictly for business. If you receive payments online, then you should go for the very type of account.
Enough with the review on PayPal as a mobile wallet platform, what really is the PayPal balance all about and how can it be used. If you have a PayPal account and you are an active user on the platform, then you should know what the PayPal balance is. Every PayPal account holder has one on the platform. A PayPal balance is more like a place or a feature on the platform where the remainder of your funds on your PayPal account is kept. With your PayPal balance, you can send and receive money. You can also make purchases online with your PayPal balance.
How To Check Your PayPal Balance
Checking your PayPal balance is easy but to some persons, this may be an extreme sport. However, if you are one of these persons you are in luck and therefore have absolutely nothing to worry about. I will be giving a step and step guide on checking and accessing your balance on PayPal. To do this, follow the steps below;
- Log in to your PayPal account at paypal.com or open the PayPal mobile app on your mobile device.
- On the left side of your screen, you will find your PayPal balance after logging in.
That’s it. But here is a very important piece of information to take note of. Before you can see your PayPal balance on your PayPal account page, you will need to have a cash or cash plus account. If you aren’t seeing it then it simply means your account is not registered as a cash or cash plus account.
How To Add Money To Your PayPal Balance
Adding money to your account is easy. But before you can add money to your PayPal balance or account from your bank account you will also need to have a cash or cash plus account in place. With these types of accounts, there are no fees in place. To do this, follow the guide below;
- Log in to your PayPal account.
- Click on ‘wallet’ and then select transfer money.
- Next, click on add money to your balance.
- Lastly, select your bank, enter the said amount you want to transfer, and then select add money.
That’s it. You have just successfully added money to your PayPal balance from your bank account. To do this via the mobile app;
- Open the PayPal app on your mobile device.
- Tap PayPal balance.
- Tap on the add money option on the next page.
That’s it. Normally, it takes up to 3 to 4 business days for any transfer to go through. Once a transfer is complete you will receive an email notification from PayPal. If you wish to add money to your PayPal account using the PayPal cash card you will need to visit a retail outlet that accepts PayPal and offer the service. There are over 85, 000 retail outlets nationwide where you can get this done. But before you do this, you will first need to apply for the card.