Question

Not programming related, but it is related to the submission of apps to apple so I will post this question here:

I have searched the net for a while, and I have found no discussions about this; will apple deposit money into a Paypal account? Eg. If I add a paypal account into Itunes connect, will apple consider this to be a valid bank account and deposit all earnings as though it was a normal bank account?

Any help is appreciated.

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Solution

No. It is not possible to use Paypal to receive payments from Apple.

See iTunes Connect FAQ

How are payments made?
All payments are made by Electronic Funds Transfer. When available, payments are sent by low value ACH, as opposed to high value wire transfer. Apple's bank will consolidate payments for different financial reports when possible, generally resulting in a single payment for all earnings each month the requirements for being paid have been met.

The payment method used (Wire/ACH) is displayed at the bottom of the presentation of payments on the Payments page.

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