Finally here’s a complete beginners guide that shows detailed ways, verification process, and how to open PayPal account that receive money in Nigeria (PayPal Nigeria receive money). Have you been wondering, exactly how you can create personal PayPal account in Nigeria?. You’re in the right place, because we will be creating PayPal in Nigeria from scratch and all the important information you might need.
what is PayPal? and why learn how to create a PayPal account in Nigeria?. PayPal is an American financial company that supports online payments and transfers electronically. Founder Elon Musk, began this company from his home town in South Africa in the year 1999 before moving to the United states. Years later, an online eCommerce store eBay acquired PayPal for $1.5 billion, making Musk one of the richest people in America.
How to open PayPal account that receive money in Nigeria
Creating PayPal account in Nigeria, PayPal Nigeria receive money that allows for receiving of money from anywhere around the world. Additionally, PayPal works well and can be linked with any local bank based in Nigeria. PayPal services, include online purchase, serving up through the wallet, sending and receiving of money. Its the best recommended method of performing electronic transactions, than using checks and money orders.
Its a good alternative to using checks and other traditional money transfers. And looking at Which bank uses PayPal in Nigeria? currently, only First Bank has become the trusted first and only PayPal partner in Nigeria.
How to Create PayPal Account in Nigeria
Prerequisites on how to open pay pal account South Africa: Opening your PayPal account is not hard and complicated. Actually it only takes few minutes. You only need to have a smart phone,or computer with internet. Any active Email address, either G mail or Yahoo. Finally make sure you’re able to log into the email you use for verification purposes. Lets begin!
5 Easy steps to open PayPal account that receive money in Nigeria
Step 1: (Visit PayPal Main Website) Simply visit the main official website to create your personal PayPal account. Depending on the location. PayPal automatically redirects users to a specific registration page for Nigeria.
Step 2: (Select PayPal Account Sign Up) On the main PayPal web page, on the top right corner look for a sign up button. After clicking it a form will appear requesting for your details.
Step 3: (Choose PayPal Account Type) Select personal or business account, depending on the needs. Select account type that meets transactions.
Step 4: (Fill In Your Details) Complete official account registration. Include your first and last name, phone number, country code, email address and preferred type of currency. After filling in the form, click on save.
Step 5: (Link PayPal Account With Bank Account) Your newly just created PayPal account must be linked with a bank personal account. This is important so transactions from bank can go through PayPal. Making payments through PayPal secures your bank account.
Most direct transaction lack privacy and shows your details, but not when using PayPal. It keeps your information from reflecting, therefore your bank details are hidden.Its easy to create PayPal business account Nigeria. This is safe, reliable and only takes minutes creating a PayPal account in South Africa for your business.
Receiving money through PayPal in Nigeria 2020?
Can I receive money through PayPal in Nigeria 2020?. Yes, PayPal service is available in Nigeria for sending of money. Unfortunately, you cannot receive money using PayPal in Nigeria, this been a similar case for PayPal Zambia. Hence the best option is to go for PayPal alternatives. In Nigeria the available financial policy, that governs international banking and transfers, only allows for sending of money. But you can purchase goods online after funding your account, and perform other tasks but not receiving funds.
How to fund your PayPal account in Nigeria from confirmed bank account?
Click Add money below your PayPal balance tab. Then select your bank account (if you have more than one) otherwise none exists you have to include it as funding source. Proceed to the next step and enter the amount to transfer, then click Add button. Final step is to Review the transfer details and click Submit.
How To Secure Your PayPal account
PayPal security on your account should be a concern. Phishing techniques can be used in cracking simple passwords. Therefore, ensure that your account is 100% safe and secured. Accounts with very poor passwords become easy targets to attackers.
Steps To Keep Your PayPal account Secure!
- Use a very strong password on your account. Combinations of Uppercase, lowercase, numbers and special characters. Password cracker software hackers use search through a combination of passwords to come up with a possible combination. Hence, using the tips above should secure your account.
- Don’t use a frequently used password for PayPal. Its not advisable using social media password and email login combination same with PayPal.
- Set a different password and email for PayPal to keep your money safe and secure.
- Don’t click on unsecured links and emails claiming to be from PayPal unless verified. These might be hackers wanting to gain access to your account and steal your money.
- Don’t use password saving software and browser password login extensions to store your PayPal password.
- Ensure to always log out of your PayPal account after using a guest computer so no one can use your credentials
How To Receive Money Through PayPal in Nigeria
Go to Wallet. Click Transfer money. Click Withdraw from PayPal to your bank account. Select where you’re transferring the money from, then select the bank account.
!Important: PayPal users can only pay money direct from bank accounts of there choice in Nigeria. Therefore, account holders, can only send money through PayPal using a linked VISA card or bank account.This has been the problem, even in Zambia and other African countries, except South Africa, one can only receive through PayPal. Our guide shows stages on how to withdraw from PayPal to Nigeria bank account.
Requirements to withdrawal money Via PayPal
- Active PayPal account: You must have an account active, which you are able to access.
- Send your Email address to the sender, ensure details are well written with no errors.
- Include PayPal account username and phone number to the recipients account (Optional)
South African commercial banks allow for easy money sending, done mostly through online services and mobile. This a good part about banks which some people choose them over PayPal. Sending and receiving money, can be done withing minutes with available services.
PayPal might not grant access to withdraw money withing South Africa, but someone from outside the country can send direct into an account. Procedure for opening a bank account in this country is very simple. No time consuming is experienced and considerately efficient. Withing 24 hours your account will be active, linked with online banking and PayPal.
Here’s how to create PayPal Business account in Nigeria
Step 1: Go to the Nigerian official PayPal website https://www.paypal.com/ng/home and click ‘Sign Up’
Step 2: Look for a menu at the top of the page.
Step 3:Select the type of account you would like to open, choose “Business.”
Step 4: Then Select your country and enter “Nigeria“.
Step 5:Enter your personal or business email address
Step 6: Set and choose a password.
Step 7: Log into your email and Verify your papal business account.
Finally link your business bank account to PayPal
If you have an active bank account, not only does PayPal provide for receiving money, but also sending. Influential entrepreneurs, business men people making money online. Content creators, use PayPal payment system as well to receive money. PayPal is great even for any form of business, due to the fact you can make your own business account for PayPal.
Conclusion: now that you have learnt PayPal account sign up in Nigeria. Ensure to see more related articles from our website on similar articles, especially for South Africa. Business articles and finance tips you need. Including top banking, and personal finance help, mobile how to guides, among others.
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