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How To Own A Verified Paypal Account That Can Send And Receive Money In Nigeria - Webmasters - Nairaland

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How To Own A Verified Paypal Account That Can Send And Receive Money In Nigeria by ajekiigbe8: 8:00pm On Jan 24, 2022
PayPal is the online wallet service of an American financial institution registered in the US and It is available in over 200 countries around the world, including Nigeria and in 23 currencies.

• PayPal is a the leading wallet among several other contemporaries such as Payoneer, Skrill etc

It became officially available to residents of Nigeria in July 2014. Before then, only Nigerian residents in countries supported could open and operate an account.

Requirements for Opening an Account in Nigeria

To create a PayPal account, the following steps should be carefully followed to the later

- Launch PayPal official website by typing paypal.com into your device’s URL browser to create an account or install the app

- Click or tap Sign Up for Free or Sign Up on the home page of the website to begin the account creation process

- Type in your email address and choose a password. Endeavor to choose a strong password to avoid disconnection at any point in time or having people break your password and access your financial information. Also make sure to enter a valid email address, as you’ll need to use it to verify your account

- Enter your personal information in the space provided including your full name, valid contact address, and a valid phone number

- Enter your credit or debit card details into the space provide to continue your account creation. You can enter this now or later if you choose to, but at some point you will be needing it to verify your PayPal account

- Enter your correct bank account information to enable you to receive and transfer money to your bank account and also send to other users

- Apply for PayPal credit. PayPal have variety of credit products that helps you to finance your everyday purchase on PayPal.

Verify Your PayPal Account

- After your account creation process, you will need to follow the steps bellow to verify your account to enable you to start buying and selling PayPal funds

- Confirm your email address. A confirmation email will be sent to you through your email address, click on ‘’Yes, this is my email” to confirm your email address

- Link your bank account with PayPal to send money from your bank account or transfer funds you receive to your account by clicking or tapping the Link a bank option on your account Summary page. If your bank is listed, you’ll be able to enter your online banking login information to automatically link your account but if not, simply enter your account number and routing number under the checks button and this will take a day or two to confirm

Link your debit or credit cards to PayPal to manage your various credit and debit cards and allow you to checkout from websites without having to enter your information each time. To do this, simply clicking or tapping the Link a card option on the Summary page to add a card to your PayPal wallet. Ensure to enter the card number, expiration date, and security code. The name on the card must match with the name you used in creating your account.

Facts to know about PayPal in Nigeria before you create an account

Currently, personal accounts do not support receiving money in Nigeria. You can only open Personal Accounts and send money online from the same. You can also make payment to millions of merchants around the world that accept payment via Paypal.

Every payment you make would be charged from the Debit or Credit Card you have linked to the account.

Business Accounts are now available to e-commerce merchants in Nigeria. However, you can only receive money through a website cart, not directly from another user.

You need a website to be able to receive money through PayPal in Nigeria. You'll fail in your attempts if you try to send funds directly to a Nigerian PayPal Business account directly.

Limitations of PayPal in Nigeria

1. A person can't own more than one account.
- Using multiple PayPal accounts from the same IP is termed policy violation which might lead to loosing your PayPal accounts.
2.There is no way to restore your account if it was banned by the system.
- Unlike other online payment gateways where you can see the appeal page.
3.You cannot receive money from other people.
4. You must be at least 18years old to Use PayPal.
5. Your PayPal funds can’t be transferred to your local Bank

Unlike other top countries like USA, Canada etc where you can withdraw your PayPal funds directly to your bank account.

In Nigeria, you cannot withdraw your PayPal earning directly to your local bank account. For now Nigerians are restricted from doing that.

That doesn’t mean you cannot convert your PayPal funds to Naira: The best options Nigerians has been using to do this is selling PayPal funds to clients while they get paid in Naira equivalent.

Aside that, You can also use your PayPal funds to shop online from both international and local online stores.

If you’re a freelancer and work on Fiverr, Upwork, Peopleperhour and other similar sites, chances are that you have a foreign PayPal account operated through proxy or VPN. This is a very risky thing to do in the long run because PayPal will detect your IP sooner or later and you'll be in trouble, get banned and lose your money.

Are you a freelancer or you use PayPal for your business in Nigeria?
Have you been looking for a PayPal account that has no limitations?

It's possible right here in Nigeria to have own a PayPal account that has the following features;

1. Can send up to $60,000, but may be limited to $10,000, in a single transaction

2. Can use work with both FNF (Friends & Family) and GNS (Goods & Services)

3. Features your own profile and details

4. Can be linked to your local bank account & your money can be transferred your bank account

5. Can receive and send from Nigeria

6. Low risk of being banned.

Contact to get a Verified PayPal account with the above features at a very cheap price. Proven and confirmed by 500+ users in Nigeria. 100% Pay back guarantee such that you stand to lose nothing.
https:///contactvictorcharis
07066514358

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