How To Link PayPal To TikTok
TikTok has gained a massive following in a relatively short amount of time, turning many of its users into social media stars. Initially, there were limited opportunities for creators to monetize their content on the platform, but TikTok has since introduced its own "Coins" system to incentivize creators. In this guide, we'll discuss the process for linking your PayPal account to TikTok.
Given TikTok's success, it's not surprising that Facebook is looking to replicate it on its own platform. In addition to launching Reels on Instagram, the company is actively testing short videos on Facebook in India. If you're curious about Reels, be sure to check out the links provided.
What is ‘TikTok Coins’?
TikTok introduced Coins as a form of virtual currency for its users. With Coins, users can show support and appreciation for their favorite creators by paying them directly through the app. Coins are tied to a user's TikTok account and can be converted to real money through a withdrawal process. However, there are certain restrictions and guidelines that TikTok imposes on withdrawals, which we will explore in more detail later.
Related: How to Get Tiktok Coins for Free 2023? | Can you make money on TikTok?
Why do you need to link PayPal to TikTok?
Withdrawing TikTok coins cannot be done directly to your bank account. For reasons unknown, TikTok only allows users to link their PayPal account to their TikTok account for the purpose of withdrawals. Therefore, it's necessary to have a PayPal account in order to withdraw TikTok coins.
Linking your PayPal account is the only way to access your TikTok coin balance and withdraw it to your personal account.
How to link PayPal to TikTok
Linking your PayPal account to your TikTok account is a simple process once you have created your PayPal account. It's important to ensure that the first and last name on your PayPal account match those on your TikTok account, as mismatched names may result in rejected payments. To link your PayPal account, copy your PayPal link from the PayPal app and paste it into the TikTok app.
For step-by-step instructions, we suggest referring to a video guide, such as the one provided by DoseofJoseph on YouTube and TikTok. Be sure to check out his content for more helpful tips and tutorials.
Related: TikTok Coins 2023: What Are They + How to Get Free Coins
Guide:
To link your PayPal account to TikTok, follow these steps:
Open the PayPal app on your device and log in.
Go to Settings and locate your PayPal link below your profile picture. Copy the link.
Open the TikTok app, go to your profile by tapping the "Me" tab in the bottom right corner.
Tap the three dots in the top right corner, and select "Balance."
View the amount of coins you have and tap "Live Gifts."
On the next page, tap the "Withdraw" button at the bottom.
Choose the withdrawal amount you desire.
On the next page, tap "PayPal" under "Withdrawal Account."
Enter the email address associated with your PayPal account and paste the PayPal ID copied from your PayPal app.
What is the transfer limit for TikTok coins?
Withdrawals from your TikTok account are only possible if you have a minimum balance of $100. If your balance is less than $100, you will not be able to access the "Withdraw" button. Additionally, TikTok has a daily withdrawal limit of $1,000. This means if you have $4,000 in your TikTok account, you will need to make multiple withdrawals over a period of four days.
How much is the transaction fee?
TikTok does not impose any fees for withdrawals from user accounts. However, PayPal, which is used to link with TikTok, may charge fees based on the location of the user. To learn more about PayPal's fee structure, visit their website.
What is the transfer limit for TikTok coins?
TikTok states that the minimum time frame for funds to appear in a linked PayPal account is 15 days. This is due to the review process by their team before approving any transfer request. It is possible that not all transfers may be approved based on the information on the linked PayPal account.
The longest it could take for funds to show up in a PayPal account is 21 days, only in cases where the transfer is put on hold for further investigation.
Why can’t I transfer to my PayPal account?
Before linking your PayPal account to TikTok, it's important to ensure that the first and last name on the PayPal account matches the name on your TikTok account. If they don't match, you'll need to update your name on TikTok accordingly.
In addition, you should make sure that your PayPal account is verified. If you recently created a PayPal account for TikTok, you'll need to complete two out of three verification tasks to get your account verified.
To link a PayPal account to TikTok, the first and last name on the PayPal account must match that of the TikTok account. The PayPal account must also be verified. Users can link their PayPal account by copying their PayPal link from the PayPal app, going to the TikTok app's "Balance" section, and pasting the link under "Withdrawal Account." TikTok requires a minimum of $100 to withdraw and has a daily limit of $1,000. Withdrawals can take 15-21 days to appear in the PayPal account, and PayPal may charge a fee depending on the user's location.
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