PayPal India: What is a Purpose Code?

Just recently, PayPal has changed the way of withdrawing money for users in India. Now, users will have to mention a Purpose Code when they will request for a withdrawal.

Like the name suggests: this code tells about the purpose for which you are using PP. Your purpose of using PP is: getting money for the goods/services you sell? Just like that, there are other purposes for which one may use PP.

A purpose code is a combination of five characters. First character is letter P then other 4 characters are numeric figures.

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