Transfer Money From Google Pay to Bank Account – Know A few tab process
Users may use their Android phones, tablets, or watches to make payments with Google Pay, a mobile payment service that Google created to support contactless in-app, online, and in-store transactions on mobile devices.
You may wonder how to transfer money from Google Pay to a Bank account. If yes, continue reading this post to learn how to transfer money from Google pay to any bank account.
How to Transfer Money From Google Pay to Bank Account
Google Pay has simplified the process of receiving money and depositing it into your bank account. Follow the steps below to transfer money from Google Pay to a bank account:
Open the Google Pay application
Open your Google Pay app as soon as possible if you have received payment and need to deposit the funds into your bank account. To access the Google Pay app’s home screen, simply tap on it.
Your profile symbol should appear in the upper right corner of the screen once you launch the Google Pay app.
The icon you see connected with all other features of your Google account should be a colorful circle with the initial letter of your first name in the center. To access your user settings, tap the symbol for your profile.
Google Pay Balance
When you press the profile symbol, a fresh window should appear with the same profile icon and your Google account’s associated email address beneath it. You may find your email address directly beneath your profile symbol.
There should be a rectangular box with the heading “Money in Google Pay” and a currency amount directly beneath the email address.
Your Google Pay balance and how much is available for transfers are also shown in this box. Next, touch this box.
Your current balance will be displayed on a different screen when you tap the Google Pay balance box. The upper part of the screen will have the same interlocking horseshoe symbol.
At the bottom of this screen, you should see a transaction history feed. Two choices are located immediately beneath your Google Pay balance: “+ Add money” and “Transfer out.” Tap the “Transfer out” option if it isn’t immediately evident.
Choose Your Amount
There will be a place to input an amount on the new display. The amount of money you wish to withdraw from your Google Pay app must now be selected.
Consider the overall money you have available to you when doing this. Click “Next” after entering the amount you want to transfer out.
Before moving on to the following step, add a payment method if you haven’t already. You won’t have any payment alternatives to pick from, so this should be simple to ascertain. Once you’ve decided on a payment option, just hit the “transfer out” icon to finish.
Here it’s done. If your money doesn’t appear right away, don’t freak out. Depending on your bank, it may take 1-3 working days for the money to appear in your account.
If you need that money immediately, try using the Google Pay app. If that is not possible, remember that debit card transfers often occur instantly but come with a 1.5% charge. Usually, this cost is extremely negligible and hardly perceptible.
How long Google pay take to transfer to a bank account?
The amount should be in the account within 1 to 5 working days if you withdraw funds from your balance using a bank account. The transfer is free of charge.
Transfers made using a debit card out of your balance are frequently immediate. For these transactions, there is a cost of 1.5%.
Google Pay-compatible nations
It’s crucial to remember that not all nations in the globe support Google Pay. These are a few of the approximately 30 nations that accept Google Pay.
- Czech Republic
- New Zealand
- United Arab Emirates
- United Kingdom
- United States
- Hong Kong
Google Pay’s security
Since Google Pay has sufficient protection to prevent online fraud, you may use it without worrying about losing your money.
You may get the greatest services by adding your bank and debit card information to your Google Pay account. Nobody can know your bank account or routing numbers since accessing your account without the login information is difficult.
If they locate my account number, they cannot withdraw money. To effectively steal from you, one needs both the routing number and the account number. It is difficult for someone to steal from you, though.
Do I Need A Bank Account To Use Google Pay?
You don’t need a bank account to use Google Pay. Without a debit card, however, you are unable to utilize it. To finance your transactions, you must link a debit card to the account. The services are greater if you have a bank account, though.
Furthermore, you must know that you cannot utilize another person’s bank account. To utilize Google Pay, you must have a bank account. If the information on your Google Pay profile and your bank account do not match, transactions will be rejected. As a result, you cannot use your GPay account to transfer funds to another person’s bank account.
Can I withdraw my Google Pay balance?
Yes, of course, you can withdraw your Google Pay balance.
How do I transfer Google Pay?
- Launch Google Pay.
- Tap “New Payment” in the bottom-left corner of the screen.
- Look up the person you wish to donate money to.
- After choosing a contact or person from the list, enter the amount on the next page.
- Make sure you type in the right information. You cannot cancel a transaction once the money has been sent.
- Push Pay.
- Select the payment method after entering the payment amount and description.
- To pay, choose Proceed.
- Type in your UPI PIN.
Google offers a solution for online payments called Google Pay. The software enables you to transfer money to a bank account and send and receive money from other Google Pay users.
You should verify whether your nation is supported before making an account because the app does not work in every country globally. You can permanently deactivate your account if you decide not to use Google Pay any longer.
Originally posted 2023-04-02 08:00:00.