TikTok is no longer just an app, but a cultural phenomenon that has become the leading platform for communication for an entire generation worldwide. The app offers users not only entertainment but also earnings. However, sometimes there can be problems with withdrawal.
What do you need to fix TikTok isn’t accepting your PayPal information
TikTok is the world’s fastest-growing social network that provides a very simple platform for publishing and distributing content. The platform allows users to create short videos with music, filters, and a few other features. And it’s very easy to get hooked on this endless stream of content.
Like Instagram, TikTok provides a great platform for advertising products, music, videos, and more. Many people use this app to promote products and get paid for their services by the brands behind those products.
To monetize your content on TikTok, all it takes is creativity and a large number of followers. Businesses are ready to pay anywhere from $200 to $20,000 for each branded video, depending on how many followers TikTok creators have.
If you have enough followers and have created several videos that you get paid for, you can withdraw money from the app as soon as you accumulate more than $100 (about 10,000 coins) on your profile. Coins are converted to diamonds, which turn into cash when you withdraw.
However, if you use PayPal, there may be nuances with the withdrawal of funds. There may be a problem when TikTok isn’t accepting your PayPal information. Well, if you want to fix this issue, here’s what you can try to do.
Is it necessary to link PayPal to TikTok
TikTok coins cannot be withdrawn directly to your bank account. Most likely, for security reasons, TikTok only allows you to link a PayPal account to your TikTok account. Obviously, you have to have your personal PayPal account to do this.
That’s why if you need to withdraw coins from your TikTok account, the only way to do so is to link your PayPal account.
As soon as you create a PayPal account, it’s pretty easy to link it to your TikTok account. You should make sure that the first and last name of your PayPal account matches your TikTok account. Otherwise, your payment may be rejected. To link your PayPal account, you need to copy the PayPal link from the PayPal app and paste it into the TikTok app.
How to fix TikTok isn’t accepting the PayPal information
If TikTok doesn’t accept your PayPal information, there are some aspects you should know. Without these aspects, TikTok won’t be able to verify your PayPal account.
The first thing you should consider is that your first and last name in your TikTok account must exactly match your PayPal account information, and your PayPal account must be verified. Payments won’t be sent to a PayPal account with an email address, first and last name other than the one in your TikTok account, or to a PayPal account that hasn’t been verified with PayPal.
If you have already tried linking PayPal to TikTok and failed, you can try to follow these steps:
- Sign in to your PayPal account and go to the “Settings” menu.
- After that, tap on the “Payments” option.
- Then, select the “Manage Automatic Payments” to cancel the Tik Tok profile if there’s one.
- Now, check your PayPal account if necessary and correct the names in TikTok if they don’t match your PayPal account.
- Finally, try linking PayPal to TikTok again.
If it still doesn’t work, you can reach out to the TikTok technical support team.
What are the TikTok withdrawal rules
You won’t be able to withdraw less than 100 USD, period. TikTok will only accept your withdrawal request if you have more than $100 in your TikTok account. If your content isn’t generating much income, you may want to wait a few days/weeks for the money to accumulate before making a withdrawal.
You can withdraw no more than $1000 per day from your TikTok account to your PayPal account. If you have, say, $3400 in your TikTok account, you would have to withdraw the money over four days, withdrawing $1000 each day for the first three, and then withdrawing the balance on the fourth day. It can be a little inconvenient, but those are the rules.
Fortunately, TikTok doesn’t charge users a fee when withdrawing funds from their accounts. On the other hand, PayPal charges a fee depending on where you’re located in the world. Visit the PayPal website to learn more about the fee structure.
What is the transfer time from TikTok
Transfers to your PayPal account will take at least 15 days to arrive. This is because each transfer request is reviewed by their team before it’s approved. They also clarify that not all transfers may be approved depending on the information provided in your PayPal account.
The maximum number of days it must take for funds to appear in your PayPal account is 21 days. This is only if your funds are on hold to clarify possible problems with the transfer.