Before we go into the details of how to use PayPal in Nigeria, we have to understand how the platform works.
What is PayPal?
PayPal is one of the leading payment platforms in the world and it is used by millions of people to receive and send money across the world. The company is a registered American financial institution that also operates in various countries around the world. Due to the policy laid down by the Central Bank of Nigeria, it may take a longer process to receive and send money using PayPal.
Now you may be wondering, how does Paypal work?
Don't worry, I'll take you on a step by step journey on how to open a PayPal account in Nigeria and also how to receive and send money from Nigeria to other countries without any hassle.
How to open a PayPal account in Nigeria
For your PayPal sign up in Nigeria, you need the following:
1. A valid email address
2. A Naira debit card preferably Visa or MasterCard.
After creating an account successfully, you'll be needing your PayPal login details which are:
1. Email address
2. Password
Does Paypal work in Nigeria?
Yes. It is now easy to send and receive money through Paypal using Flutterwave. The partnership between both companies provides an easy and seamless transaction for Nigerian users. In order to activate your Flutterwave account for PayPal, you need to provide the following information to Paypal:
1. Full Name
2. Date of Birth
3. Residential Address
4. Business name
5. Date of Incorporation
6. Country
7. Business Category
8. Website
Note that this information above is for business accounts. Business accounts cannot receive payments from another user. You can only receive money if you have an e-commerce website or through a website cart. There are various shopping carts which support PayPal.
Kindly note that you can only send money online through your PayPal personal account. The Naira isn't supported on this platform. Payments are only made in US Dollars (USD). PayPal is easier when you earn in dollars.
What is PayPal?
PayPal is one of the leading payment platforms in the world and it is used by millions of people to receive and send money across the world. The company is a registered American financial institution that also operates in various countries around the world. Due to the policy laid down by the Central Bank of Nigeria, it may take a longer process to receive and send money using PayPal.
Now you may be wondering, how does Paypal work?
Don't worry, I'll take you on a step by step journey on how to open a PayPal account in Nigeria and also how to receive and send money from Nigeria to other countries without any hassle.
How to open a PayPal account in Nigeria
For your PayPal sign up in Nigeria, you need the following:
1. A valid email address
2. A Naira debit card preferably Visa or MasterCard.
After creating an account successfully, you'll be needing your PayPal login details which are:
1. Email address
2. Password
Does Paypal work in Nigeria?
Yes. It is now easy to send and receive money through Paypal using Flutterwave. The partnership between both companies provides an easy and seamless transaction for Nigerian users. In order to activate your Flutterwave account for PayPal, you need to provide the following information to Paypal:
1. Full Name
2. Date of Birth
3. Residential Address
4. Business name
5. Date of Incorporation
6. Country
7. Business Category
8. Website
Note that this information above is for business accounts. Business accounts cannot receive payments from another user. You can only receive money if you have an e-commerce website or through a website cart. There are various shopping carts which support PayPal.
Kindly note that you can only send money online through your PayPal personal account. The Naira isn't supported on this platform. Payments are only made in US Dollars (USD). PayPal is easier when you earn in dollars.