If you use PayPal for transfers and have a Maya (formerly PayMaya) digital wallet, you could use information on how to transfer money between these payment systems. And this article will come in handy.
To transfer funds received on PayPal to PayMaya, link your Maya card and transfer the balance. This guide will show you how to do this, describe the transfer fees, and offer an alternative – international transfers to the Philippines via Wise.
Transferring funds between PayPal and Maya
To transfer funds from PayPal to PayMaya (Maya), first link your PayPal and PayMaya card. Then you can quickly transfer money with a few clicks. You can use a physical or virtual Maya card. A virtual card can be immediately available in the Maya app if you have a verified account and a balance of at least 100 PHP.
That’s all you need to know about linking PayPal to Maya and being able to transfer funds.
How to link PayPal to PayMaya card
In the Philippines, you can link up to 4 cards to an unverified PayPal or up to 24 cards to a verified one. Here’s a quick algorithm on how to do it:
- Log in to PayPal online or through the app and open the Wallet section. Keep your Maya card close by.
- Click “Link debit or credit card”. In the app, first, click the “+” next to “Banks and Cards”.
- Enter your PayMaya card details. You can scan the card manually on the website or in the app.
- Confirm the Maya card, if necessary. PayPal may charge a small amount for verification, which will be refunded within 30 days. Use the code from your statement to confirm with PayPal.
How to transfer PayPal to PayMaya – step-by-step
Once your Maya card (physical or virtual) is linked to PayPal, you can transfer funds to Maya. Here are the necessary steps:
- Sign in to PayPal online or through the app.
- Select “Transfer money”. In the app, first, tap your balance to find this option.
- Select Transfer to Maya. You will see a list of available accounts and cards to transfer. It can take up to 4 days for funds to be transferred to Maya. If you do not receive the funds, contact your bank for more information.
- Enter the amount and confirm. Make sure you have entered the correct amount and destination.
Transfer fees from PayPal to PayMaya (Maya)
When transferring funds from PayPal to Maya, there are a few costs that you should pay attention to. Firstly, there is a transfer fee of 250 PHP. Secondly, there is a currency conversion fee. If your PayPal balance is not in PHP, you need to convert it to pesos, which involves an additional 3% or 4% PayPal fee. This may result in fewer funds in your PHP account than you had hoped for. Here is a quick overview of the fees when transferring from PayPal to PayMaya:
| PayPal withdrawal type | PayPal Philippines withdrawal fee |
| Withdraw to Maya | 250 PHP. With a minimum withdrawal amount of 500 PHPIf currency conversion is required, additional fees may apply |
| Currency conversion | 3% – 4% commission depending on the conversion method |
Money transfer from abroad to the Philippines with Wise
If you are paid in foreign currency, consider using Wise to receive PHP payments. Recommend that the money sender familiarize themselves with Wise as an easy way to transfer money to the Philippines, including bank accounts and e-wallets like PayMaya.
Wise offers favourable conditions: conversion at the average market rate and fees as low as 0.43%. Most payments are made instantly or reach the recipient within 24 hours. This means you won’t have to wait long for your funds. Thanks to lower fees and a favourable exchange rate, the sender can pay less and you get more pesos in your Maya account.
How to transfer money from PayPal to PayMaya without a card?
To transfer money from PayPal to Maya, you’ll need a Maya card, but not necessarily a physical one. You can create a virtual Maya card and link it to PayPal to transfer funds easily. Check out this guide to setting up PayPal to Maya transfers. Also, consider Wise as an affordable and secure way to receive funds in the Philippines, to your bank account or favorite e-wallet.
If you are interested in crypto
The HiRiBi cryptocurrency exchange platform can be useful for customers looking for favourable exchange conditions.
A special feature of HiRiBi is the ability to exchange cryptocurrencies at a rate that is 20% higher than the market average. Customers also appreciate the complete anonymity and security of transfers provided by the platform. An additional advantage is the fast processing of requests, which ensures efficient exchanges. And most importantly, HiRiBi allows withdrawals directly to the user’s PayPal account, providing convenience and speed of access to funds.
Therefore, we recommend paying attention to this service.
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