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So the question is what is Airtm and how does it work?

You guys will probably want to know how to transfer money from Airtm to other e-wallets available out there like Paypal for instance. Well, what it does is that it offers money in a cloud service in which the currency that they use will be airUSD. Airtm allows the transfer of money from one person to another in which will be processed by a peer. You will probably prefer PayPal since the fees for withdrawals are very low.

These are some of the things that you can do with Airtm.

It was founded in 2015 by two young people named Ruben Galindo Steckel and Antonio Garcia. it is present in over 190 countries and with more than 90 thousand transactions.

Airtm serves the purpose of :

1. Allow exchanges with the most popular payment processors which include Paypal, Payoneer, Neteller, Payza, Skrill and Amazon gift cards.

2. Withdraw your local currency by local bank or Payoneer.

3. Able to verify PayPal with the Uphold virtual card


That's a little bit of history on Airtm and what you can actually do with it. Now, let's proceed on how to transfer from Airtm to Paypal.

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Before you can transfer from Airtm to Paypal, there are a few things that need to be done by you so that you can actually request a transfer.

1. Your account must be verified in which you will have to provide proof of residence by giving your government-issued ID which includes passports, driver's license or ID and a selfie of yourself.

2. Ensure that all information provided is as accordance with your ID or else it can only be changed by contacting the supports team

3. Your registered Airtm email and Paypal email must be the same

Verifying your ID

You will first need to verify your ID before you can make any sort of transfer with Airtm. 

You will go to settings and click Verification. Be sure to follow all the instructions or else you will end up being rejected by them.

You will take a picture of your ID(both front and back) as well as a selfie of yourself.


Once your account has been verified, your transfer/withdrawal limit will increase to $25,000

How to Transfer from Airtm to PayPal (Step by Step Guide)

1. Click on Add/Withdraw on the left menu and click on Withdraw


You will scroll down until you find PayPal, click on PayPal


You will enter the amount that you wish to withdraw. For instance, if you withdraw $10, it will show you how much you will get into your PayPal account(after deducting fees).

You can also select Custom rate which lets you choose how fast you want your money. But in return, you will have to pay more.


Ensure that all the details have been filled correctly especially your e-mail.

P.S. Bear in mind that the e-mail you use for registering Airtm must be the same as your PayPal account or other accounts 

After all of that is done you will click on Submit request.


You will have to wait for a peer to accept your request and when they do it will show up like this


You will then have to wait for them to transfer the funds into your account. Be sure to check that the amount received is the same as the amount displayed just now. If any issues were to incur than you cal always use the chat button to settle things out.

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If everything is alright and the amount received is the same as displayed, click on Confirm received to complete the transaction. Do not click on confirm if the amount received is not the same as promised earlier since the chat will also be closed once you have clicked Confirm received. 

After all of that is done, you will rate your peer based on the experience you had dealing with them. If you rate them good then there's always a reward from Airtm. Be sure to give them a big thumbs up for making your life easier.

What are the fees

Airtm fees: $0.3 + conversion cost = $0.47 (vary slightly)
PayPal: $0.3 + 4.4% = $0.72

Thus, this gives you $8.81 in PayPal balance.

Rate

Skrill: $1.03 AirUSD is equivalent to $1 USD
Payeer: $1.02 AirUSD is equivalent to $1 USD
PayPal:  $1.02 AirUSD is equivalent to $1 USD

Aside from all of this, you can also withdraw your money to Cryptocurrency like Dogecoin and Litecoin

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