Requirements for PayPal Withdrawals

1. Set Up Your PayPal Account:

• If you haven't already, create a PayPal account. This account will serve as the intermediary between Muzeg™ and your bank.
• Ensure your PayPal account is fully verified and connected to your Muzeg™ profile.

2. Link Your Bank Account to PayPal:

• Log in to your PayPal Dashboard.
• Navigate to the 'Settings' section.
• Click on 'Bank accounts and scheduling' under 'Business settings'.
• Add your bank account details. Ensure that the currency of your bank account matches the currency in which you receive payments to avoid conversion fees.

Withdrawal Methods

• Used for general and express withdrawal requests.
• Example Withdrawal Amount: $500 USD credits.
• PayPal charges a 2% fee on the amount you receive, which is automatically deducted from your withdrawal.
• For a $500 withdrawal, Muzeg™ will send $490.20 USD to your PayPal account (amount received = requested amount / 1.02).
  

• Used for resending failed withdrawal requests.
• Example Withdrawal Amount: $500 USD credits.
• Muzeg™ will send $500 USD via bank transfer to your PayPal account. PayPal will charge you fees for using their service (typically 3.9% + $0.30). You would receive $480.20 USD after fees.

Important Notes

• If MassPay fails due to a problem with your PayPal account, Muzeg™ will use PayPal Individual Pay to process the payment.
• Fees are the same regardless of the country, but PayPal charges may vary, so check with your local PayPal for the latest fee information.

Steps to Withdraw via PayPal

• Go to Withdrawal Settings.
• Enter your PayPal email address and Muzeg™ password. Your PayPal information will be saved for future withdrawals.

• Go to My Wallet.
• Click 'Withdraw' to submit a withdrawal request.

For further assistance, please email Muzeg™ support via hello@Muzeg.com