Transfer Amazon Pay Balance to Bank Account – Step by Step

Are you having trouble figuring out how to Transfer Amazon Pay Balance to Bank Account?

Relax! Checkout our article to learn how to Transfer Amazon Pay Balance to Bank Account? a safe and fast way. In this article, your Amazon Pay balance will be shown to be able to withdraw it to your bank account and the transactions will be made.

What You Need to Know About Amazon Pay Balance

Amazon, well-known for its convenient online shopping service, Amazon Pay is also a flexible payment option that it provides. It allows users to make reservations, pay bills, and buy a variety of products.

Despite its convenience, many people are unsure how to transfer funds from their Amazon Pay balance to their bank accounts.

To transfer your money, you should start by simply going through a few steps. Fortunately, though, you need to pass the KYC procedure first. If you don’t know about how to Transfer Amazon Pay Balance to Bank Account , fret not, we have already done the thinking for you.

How to Transfer Amazon Pay Balance to Bank Account

Here’s a quick glance at the steps involved in Transfer Amazon Pay Balance to Bank Account

1. Open the Amazon app and navigate to the Amazon Pay section.
2. Tap on ‘Send Money’.
3. Select ‘Bank Transfer’.
4. Enter your bank account details, such as account number and IFSC code.
5. Complete the transfer.

Detailed Instructions

1. Open the Amazon App
   • Launch the Amazon app on your smartphone. Make sure you’re logged in to your account.
2. Navigate to Amazon Pay
   • Go to the Amazon Pay section. This can usually be found in the menu or on the home page of the app.
3. Select ‘Send Money’
   • In the Amazon Pay section, tap on ‘Send Money’. This will give you various options for transferring your funds.
4. Choose ‘Bank Transfer’
   • Select ‘Bank Transfer’ from the list of options. You’ll need to input your bank account details here.
5. Enter Bank Details
   • Fill in your bank details. This includes your account number, IFSC code, and account holder’s name. Double-check these details to avoid errors.
6. Input Transfer Amount
   • Enter the amount you wish to transfer from your Amazon Pay balance to your bank account.
7. Select Payment Method
   • Choose ‘Pay using Amazon Pay balance’ from the payment options.
8. Confirm Transfer
   • Tap ‘Continue’ and review the details before confirming the transfer. Once confirmed, your money will be transferred to your bank account.
9. Receive Confirmation
   • You will receive a notification or SMS confirming the transfer. This usually happens within a few minutes or hours.

Registering Your KYC with Amazon

Before Transfer Amazon Pay Balance to Bank Account , you need to complete your KYC (Know Your Customer) verification with Amazon. If you haven’t done this yet, follow these steps:

1. Launch the Amazon App
   • Open the Amazon app on your smartphone.
2. Access Amazon Pay
   • Tap the three-line menu icon located in the bottom right corner and select Amazon Pay.
3. Go to KYC Section
   • Scroll down to the ‘Manage’ section and tap on KYC.
4. Upload Documents
   • You’ll need to upload photos of your Aadhaar card and PAN card. You’ll also need to take a selfie for verification.
5. Complete Video Verification
   • Participate in a video verification with an Amazon representative. This step links your Aadhaar to your Amazon account.

Also see – How To Change billing address in Amazon: 5 Easy Steps

Advantages of Transfer Amazon Pay Balance to Bank Account

Transferring your Amazon Pay balance to your bank account offers several benefits:

• Access to Cash: Bank accounts allow you to withdraw cash or use funds directly from your account.
• Enhanced Security: Your bank account offers additional security compared to an e-wallet.
• Convenience: It’s easier to manage large sums of money through a bank account rather than an e-wallet.

Comparison of Transfer Methods

Other Methods of Transfer Amazon Pay Balance to Bank Account

Notwithstanding the aforementioned method is the safest, still, you can use third-party apps such as Ring App or SnaPay to transfer your Amazon Pay balance to other payment apps like GPay or Paytm. However, using these methods may introduce additional steps and potential risks.

FAQs

Conclusion

In conclusion, Transfer Amazon Pay Balance to Bank Account is very easy, and that is the bottom line. However, you should adhere to the instructions above in order to transfer your funds in the most secure and punctual way. Amazon Pay balance enables you to control your money the fast way around, and after these processes, you will find money transactions easy. This guideline is the go-to source for you whether you want to withdraw money or make payments by using the bank account.

Thank You…!

Lavkush Shingane

Welcome to TrackingMyOrder, your essential guide to mastering the digital world. I’m Lavkush Shingane, and I’m here to simplify your online experience. Whether you need to track an order, delete or activate an account, manage your social media presence, or cancel subscriptions, we provide clear, step-by-step instructions. Our goal is to help you efficiently handle all aspects of your online activities.