Overview of PayPal Withdrawal Process
On the web interface:
- Go to Wallet → Transfer Money → Transfer to your bank.
- Choose between “Instant Transfer” (immediate, but fee applies) or “Standard Transfer” (1–3 business days, free).
Via the PayPal app:
- Tap your balance → Transfer → Transfer to bank → Choose instant or standard.
Dogpay’s Value Proposition: PayPal vs. Dogpay
| Aspect | PayPal Withdrawal | Dogpay Advantage |
|---|---|---|
| Transfer Speed | Instant with fee; standard takes 1–5 days | True real-time transfers, no delay, full liquidity |
| Fees | Instant fee (~1.5%–1.75%, capped ~$15) | Transparent, low-cost — supports multi-currency & stablecoins |
| Input Errors | Manual entry of recipient and amount | Auto-detection of account details, minimizes errors |
| Security | Secure PayPal system | Bank-grade encryption, AI-driven fraud detection, MFA |
| Record Keeping | Internal history but limited exports | Fully exportable logs with API integration for auditing |
| Cross-border Support | Primarily domestic use | Global coverage with multi-currency transfers |
Example Workflow with Dogpay
- User opts to withdrawal via Dogpay.
- Dogpay auto-fills and validates the bank account.
- Funds transfer almost instantly with end-to-end tracking.
- Detailed transaction record available for export or API integration.
