How to Withdraw from Paystack
Paystack is a popular online payment platform in Nigeria, known for its easy and secure payment solutions. However, many users often wonder how to withdraw funds from their Paystack account. If you’re one of them, you’ve come to the right place. In this article, we will guide you through the process of withdrawing funds from your Paystack account on dev_ng.
What is Paystack?
Before we dive into the details of withdrawing from Paystack, let’s first understand what it is. Paystack is an online payment platform that allows businesses and individuals to make and receive payments easily. It was founded in 2016 by Shola Akinlade and Ezra Olubi and has quickly become one of the leading online payment solutions in Nigeria.
How to Withdraw from Paystack
Now that we know what Paystack is, let’s get into how to withdraw funds from your account on dev_ng.
1. Log into your dev_ng account using your registered email address and password.
2. Once logged in, click on the “Withdraw” button located at the top right corner of your screen.
3. You will be directed to a page where you can select which bank account you would like to withdraw funds to.
4. Select your preferred bank account or click on “Add new bank” if you haven’t added one yet.
5. Enter the amount you would like to withdraw and click on “Continue”.
6. Review all the details entered and click on “Confirm”.
7. A confirmation message will be displayed once your withdrawal request has been successfully processed.
It’s as simple as that! Your funds will be transferred directly into your selected bank account within 24 hours.
Other Ways to Withdraw from Paystack
Apart from dev_ng, you can also withdraw funds from your Paystack account through other platforms such as Devs Sporty Bet. The process is similar, where you would need to log into your Devs Sporty Bet account and select “Withdraw” then follow the same steps as mentioned above.
Another option is using an ATM that supports cardless withdrawals. Simply generate a withdrawal code on your Paystack dashboard and use it at the supported ATM to withdraw cash.
Pros / Cons
Pros:
– Easy and convenient way to withdraw funds
– Funds are transferred directly to your bank account within 24 hours
– Secure and reliable platform
Cons:
– Withdrawals can only be made to a registered bank account
– Limited options for withdrawing funds (only one bank account can be linked at a time)
FAQ
Q: Are there any fees for withdrawing from Paystack?
A: Yes, there is a standard fee of 1.5% + ₦100 for every withdrawal made.
Q: How long does it take for the funds to reflect in my bank account?
A: Your funds will be transferred into your selected bank account within 24 hours.
Q: Can I withdraw funds to a different currency other than Naira?
A: No, currently Paystack only supports withdrawals in Naira.
Conclusion
In conclusion, withdrawing funds from your Paystack account on dev_ng is a simple and straightforward process. It offers convenience and security for users looking to access their funds easily. However, keep in mind that withdrawals can only be made in Naira and only one bank account can be linked at a time. We hope this article has helped you understand how to withdraw from paystack on dev_ng. Happy withdrawing!
