TikTok is no longer just an app, but a cultural phenomenon that has become the leading communication platform for an entire generation worldwide. The app offers users not only entertainment but also earning opportunities. However, sometimes there can be problems with the payout.
TikTok is the fastest growing social network in the world that offers a very simple platform for publishing and distributing content. The platform allows users to create short videos with music, filters and some other features. And it is very easy to get addicted to this endless stream of content.
Like Instagram, TikTok also 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 you need is creativity and a large number of followers. Companies are willing to pay between $200 and $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 once you have accumulated more than $100 (about 10,000 coins) on your profile. Coins are converted into diamonds, which turn into cash when you withdraw.
However, if you use PayPal, you may experience problems withdrawing funds. There may be a problem when TikTok does not accept your PayPal information. Well, if you want to fix this problem, you can try the following.
TikTok coins cannot be transferred directly to your bank account. Probably for security reasons, TikTok only allows you to link a PayPal account to your TikTok account. Of course, you must have your personal PayPal account to do this.
So if you want to withdraw coins from your TikTok account, the only way to do so is to link it to your PayPal account.
Once you’ve created 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.
If TikTok does not accept your PayPal information, there are some aspects you should be aware of. Without these aspects, TikTok will not be able to verify your PayPal account.
First, note that your first and last name in your TikTok account must match your PayPal account information exactly and that your PayPal account must be verified. Payments will not be sent to a PayPal account with a different email address, a different first and last name than the one in your TikTok account, or to a PayPal account that has not been verified with PayPal.
If you have already tried to link PayPal with TikTok and failed, you can try following these steps:
- Log in to your PayPal account and go to the “Settings” menu.
- Then tap on the “Payments” option.
- Then select the “Manage automatic payments” option to delete the Tik Tok profile, if there is 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.
You will not be able to withdraw less than 100 USD, period. TikTok will only accept your withdrawal request if you have more than 100 USD in your TikTok account. If you don’t make much money from your content, you should wait a few days/weeks for the money to accumulate before making a withdrawal.
You can’t withdraw 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 days and withdrawing the balance on the fourth day. This can be a little inconvenient, but that’s the rules.
Fortunately, TikTok doesn’t charge a fee when you withdraw money from your account. PayPal, on the other hand, charges a fee depending on where you are in the world. Visit the PayPal website to learn more about their fee structure.
Transfers to your PayPal account take at least 15 days to arrive. This is because each transfer request is reviewed by their team before it is approved. They also note that depending on the information provided in your PayPal account, not all transfers may be approved.
It may take a maximum of 21 days for the money to appear in your PayPal account. This only applies if your money is on hold to resolve any potential issues with the transfer.