Click Statements and Taxes. Add your favorite payment methods to PayPal.We make it easy to link your bank account, debit card, or credit card to your Digital Wallet. This article will answer all your questions about how PayPal appears on your bank account and what category it falls under. We are proud to accept Visa, MasterCard, American Express and Discover. PayPal requires verification of your bank account to use it. 1. Log in to your PayPal account. Categorize the bank transaction as a "transfer to PayPal account" to accurately reflect the movement of funds from your bank account to PayPal. To withdraw funds and make a transfer to your bank, go to the Wallet section of PayPal, click on Transfer Money, then click Transfer to Your Bank. You can pay your property tax online using an eCheck, a credit or debit card, or PayPal.