How To Transfer Amazon Pay Balance To Bank Account?

Day by day, e-wallets are becoming popular, and online payments are becoming mainstream, replacing cash and card payments. One such popular e-wallet is Amazon Pay, which was launched by Amazon and integrated into the all-in-one Amazon app. 

However, users are often confused about whether it is possible to transfer their Amazon pay balance to their bank account or not. If the answer is yes, then how do you do so?

This article provides the step-by-step guide on transferring Amazon pay balance to a bank account and more.

How to Transfer Your Amazon Pay Balance to Bank Account?

You may have received some cash back in your Amazon Pay Wallet or an Amazon gift card as a Diwali gift and may have already redeemed it in your Amazon Pay Wallet. You can use the Amazon Pay balance in two ways. Firstly, you can use the same to pay for your next purchase on Amazon. Secondly, you can transfer the amount to your bank account and use it for any purpose you wish.

You can transfer your Amazon Pay balance to your bank account by simply navigating to the Amazon Pay section in your Amazon app. Tap on ‘Send money’, then tap on the option ‘Bank Transfer’. Here, you will have to enter some basic details like account number, IFSC code, etc. Then, enter your amount and confirm the same to complete the transaction.

You can get much clearer guidance on how to transfer the Amazon Pay balance to your bank account by following the step-by-step guide given below. However, please ensure that you have completed your Amazon KYC verification. This feature to transfer money to your bank account is only available upon successful completion of your Amazon KYC verification. You can easily complete the KYC verification process as it is free and has no fees.

Step-by-Step Guide on how to Transfer Amazon Pay Balance to Bank Account

Here is the step-by-step guide to transfer your Amazon pay balance to your bank account:

Step 1: To start with, open the Amazon app on your smartphone and sign in to your Amazon account if you have not already.

Step 2: Click ‘Send Money’ under the ‘Quick Links’ section.

Step 3: In the Send Money interface, you will find an option called ‘Bank Transfer’; tap on it.

Step 4: Here, you will have to fill in some basic details such as IFSC code, bank account number, and name and then tap on ‘Pay Now’.

Step 5: Then, enter the amount you are willing to transfer and confirm the same.

Step 6: Now it will show you the payment method interface, then tap on ‘Show more ways’, choose ‘Pay using Amazon pay balance’, and tap ‘Continue’.

The amount will be transferred to your bank account successfully.

Conclusion

Now, you know how to quickly transfer the Amazon pay balance to your bank account. The steps are quite simple, but you must ensure you have completed your Amazon KYC verification. You can only transfer your Amazon pay balances if you have completed your Amazon KYC verification.

Other Articles:
1. How To Transfer Money From PhonePe Wallet To Bank Account?
2. How To Transfer Money From Paytm Wallet To Bank Account?
3.  How to Deactivate or Delete Paytm Account?
4. How to Add Bank Account in Amazon Pay?
5. How to Add Bank Account in Google Pay?
6. How to Add Bank Account in PhonePe?