A step-to-step guide to transferring Amazon Pay balance to bank account

Note, however, that you can only do this if you have completed your KYC

Launched in 2007, Amazon Pay offers all the features of an e-wallet, along with the option of making UPI payments. From paying bills to booking tickets, your Amazon Pay balance can be used the way you like it.

However, if you do not wish to use the e-wallet balance and prefer having the amount transferred to your bank account, you can easily move the balance in your Amazon Pay by following these simple steps. Note, however, that you can use them only if you have completed your 'Know Your Customer' (KYC) verification.

Here are the steps to transfer the Amazon Pay balance to your bank account:

1. Open the Amazon app on your phone and go to the ‘Amazon Pay’ section
2. To transfer money, click on the ‘Send Money’ option
3. Select the ‘To Bank’ option and fill in the required details such as IFSC code, account number, account holder's name
4. Tap ‘Pay Now’
5. Enter the amount that you want to transfer, and tap 'Continue’
6. Ensure that you have selected ‘Pay using Amazon Pay Balance’ as your preferred mode of payment. The option can be availed from ‘Show More Ways’ under the payment methods.
7. Now tap ‘Continue’ to transfer the amount

The Amazon Pay balance will now be transferred to your account.

KYC verification is a free of cost process and can be completed in these simple steps: 

1. Open Amazon pay from the app
2. Under the 'Manage' tab, tap on 'KYC' 
3. Click on 'Upload KYC documents'. 
4. Click a picture and upload it in the given tab. 
5. Add the picture of your PAN card under the 'Identify proof' tab. 
6. Click on agree, and initate the video call with an Amazon agent to complete the process