How to Transfer Amazon Pay Money to Bank Account: A Step-by-Step Guide

How to Transfer Amazon Pay Money to Bank Account

Amazon Pay, the digital wallet service by the e-commerce giant Amazon, offers a convenient way to make online transactions for purchases, bill payments, and more. While using Amazon Pay for various transactions is seamless, many users often wonder how to transfer the money in their Amazon Pay wallet back to their bank accounts. In this article, we will provide a step-by-step guide on how to transfer Amazon Pay money to a bank account.

Step 1: Log In to Your Amazon Account

Open the Amazon app or website and log in using your registered email ID and password. Ensure that you are using the same account through which you have accumulated the Amazon Pay balance.

Step 2: Go to 'Amazon Pay'

Once logged in, locate and click on the 'Amazon Pay' option. This will take you to your Amazon Pay dashboard, where you can view your available balance.

Step 3: Click on 'Withdraw Funds'

On the Amazon Pay dashboard, you will find the 'Withdraw Funds' or 'Transfer to Bank' option. Click on it to initiate the transfer process.

Step 4: Enter Bank Account Details

You will be prompted to provide your bank account details, including the account number, IFSC code, and account holder's name. Double-check the information for accuracy, as any errors may lead to a failed transaction.

Step 5: Verify OTP (One-Time Password)

After entering the bank account details, Amazon will send an OTP to your registered mobile number. Enter the OTP to verify the transaction.

Step 6: Confirm and Transfer

Once the OTP is successfully verified, review the transaction details, including the amount to be transferred, and click on the 'Transfer' or 'Confirm' button to initiate the transfer.

Step 7: Wait for Processing

The transfer process may take a few minutes to a few hours, depending on your bank's processing time. Amazon will notify you via email or SMS once the transfer is complete.

Important Notes:

Amazon Pay may have a minimum transfer limit, so ensure that your balance meets the required amount before initiating the transfer.

There might be a nominal fee for transferring money to a bank account. Check the applicable fees before proceeding.

If you encounter any issues during the transfer process, reach out to Amazon Pay customer support for assistance.

In conclusion, transferring Amazon Pay money to a bank account is a straightforward process that allows users to access their wallet balance in cash form. By following the step-by-step guide mentioned above, users can conveniently transfer their Amazon Pay balance back to their bank accounts and utilize it as desired.

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