After seeing the growing popularity of digital payment platforms in India, especially after the currency ban, Amazon India launched it’s wallet which is known as Amazon Pay. Currently, Amazon Pay is accepted by many merchant stores and websites. Amazon India itself also offering cashbacks on it’s usage. But today, we will know how to transfer Amazon Pay Balance to bank account in India easily. Especially, we will share two major steps to transfer Amazon.in Pay Balance to bank account so that you can flexibly use this service and get your money bank into your account when you want.
Though Amazon.com supports this. But generally, there is no official way available to transfer Amazon Pay Balance to bank account in India. So we will take help of two different third party trusted websites to finally transfer Amazon.in Pay balance to bank account in India. So, without any further do, let’s know how to do it!
How To Transfer Amazon Pay Balance To Bank Account In India?
As we said you above, currently Amazon India website doesn’t support this. So firstly, we will use a third party merchant website who accepts payments from Amazon Pay so that you can spend your Amazon Pay balance to get the product. And after that, we will sell that product on a different third party website/store who will pay you real money in your bank account for selling that product which we bought using Amazon Pay Balance. This way, we can easily transfer Amazon Pay Balance to bank account in India indirectly.
Now, you might be thinking, it will be a very long and risky process. But actually there is nothing time consuming and risky here. As we said about a product which we will buy using Amazon Pay balance and later we will sell it. Can you guess? Which product I am telling about?
No Bro! this is not any physical product! It’s a digital product which never get second hand. So, you can sell it at the same price which you paid at the time of buying it. So, you will loose no money in between buying and selling process. You will get exactly the same amount which you want to transfer from your Amazon Pay Balance to bank account in India. The product, here I am talking about is Gift Card which is a digital product and can be sent to anyone via email.
>Steps To Transfer Amazon.In Pay Balance To Bank Account
Here we will buy Flipkart Gift Card by your Amazon Pay Balance. Currently, there is a trusted brand called Komparify which is selling all popular Gift Cards/Vouchers in exchange of Amazon Pay Balance. And then, we will sell this Gift Card to another trusted website called Zingoy which is letting it’s users sell their unused gift cards to other users quickly at same price in a very short span of time. And the reason behind selecting Flipkart Gift Card is because Zingoy don’t support Amazon Gift Cards to be sold over their platform.
>Let’s Transfer Amazon Pay Balance To Bank Account In India
Now you know how we are going to transfer Amazon.in Pay Balance to bank account in India. Here in this section, we will show you exactly how you can buy Flipkart Gift Card from Komparify using your Amazon Pay Balance and then how you can sell it to Zingoy in exchange of real money (cash) which will be transferred to your bank account instantly.
Step 1. Buy Flipkart Gift Card Using Amazon Pay Balance-
- Firstly, head over to the Komparify website here.
- Now navigate to the Gift Vouchers selling page here.
- Select E-Commerce Vouchers from the list.
- A form will appear in the screen.
- You need to have two different email id’s.
- Enter your mobile number in the Recipients Mobile Number field.
- Then select Flipkart Gift Voucher.
- Select your state.
- Enter your real name in recipients name field.
- Then type your email id in next field.
- At Gifters name field, enter your other name or your family member’s name (really doesn’t matter).
- Enter your another email id in the Gifters Email ID field.
- After that select the amount from Rs 50, Rs 100, Rs 200, Rs 3,000 and Rs 10,000 depending on the amount you want to transfer Amazon.in Pay balance to bank account.
- Finally click on the Recharge button and pay the amount from your Amazon Pay Balance.
Now you have successfully bought the Flipkart Gift card using your Amazon Pay Balance. Now it’s time to sell it to other users so that you can indirectly transfer Amazon Pay Balance to bank account in India.
Step 2. Sell The Flipkart Gift Card To Get Real Money-
- First of all, visit the Zingoy website here.
- Then go to Sell Gift Card page here.
- You will see a section telling “Got an unused Gift Card to sell?”.
- Under this, you will see a search box there.
- Type Flipkart there and select Flipkart from the appeared list.
- Then click on sign in and create an account on Zingoy by giving your correct details.
- Details about your Flipkart Gift Card will be send to your email which you entered in Komparify website in the Recipients emailID field. You will need this details in the next step below.
- Once you are signed in to Zingoy website, the Sell Gift Card form will appear.
- Enter your Flipkart gift card no, pin, type (enter/type EGC), current value(gift card price), selling price(same as current value) in the form.
- Leave the Additional Terms field blank and check to accept terms & conditions.
- Finally click on the Confirm button.
Now your Flipkart Gift card has been listed to Zingoy’s current Flipkart listings which can be accessed over here. Once someone buy it from there which usually takes less than a day, real cash will be sent to your bank account which is added to your Zingoy account. This way you can transfer Amazon Pay Balance to bank account in India.
Note: You will not get exactly the same amount you want to transfer from your Amazon Pay Balance to bank account. Because firstly, Komparify will charge you extra 2% at the time of buying Flipkart Gift Voucher from there. And after that, at Zingoy, it will take 5% processing fees which is very “low” according to them. But at the end that will be a very small amount based on the amount you want to transfer. So, that will never be a problem in the way to transfer Amazon Pay Balance to bank account in India.
Hope you liked this tutorial about how to transfer Amazon.in Pay Balance to bank account. Now please share this trick with your friends who also wants to transfer Amazon Pay Balance to bank account in India. And stay tuned with us to get more tricks related to online shopping in India.