How To Open A PayPal Account In Nigeria | Is PayPal Available In Nigeria
PayPal is the world’s number one online money transfer platform and is used by hundreds of millions of people worldwide to send and receive money.
Also, PayPal doesn’t share your full financial information with sellers. And PayPal Buyer Protection covers your eligible purchases if they don’t show up or match their description.
For years, PayPal had basically shut Nigeria out due to our notoriety for internet-related fraud. As fraud detection techniques improved as well as Nigeria’s notion as the largest economy in Africa, PayPal has now lifted restrictions on Nigeria. Owning a PayPal account is quite simple and you can do that in two ways.
PayPal business account Nigeria Requirements
- Firstly, you will need a valid email address
- Secondly, you would also need a Visa or MasterCard linked to a Nigerian bank account. This could be a credit or debit card. This is necessary for verifying your PayPal account. The service would debit a tiny amount from the card and once you confirm the transaction, the account would be fully Verified.
- Finally, please note that as of December 2018, Interswitch’s Verve card does not work with the service.
How to open a PayPal account in Nigeria
Firstly, Visit the most feasible country PayPal you want yours to be domiciled.
For South Africa, it’s www.paypal.co.za,
For Iceland, it’s www.paypal.com/is,
For Lesotho, it’s www.paypal.com/ls,
and more… depending on your choice, but we recommend Iceland or Lesotho account.
Secondly, Sign up to the business option, and fill in your business and personal details. For the business details, please choose INDIVIDUAL BUSINESS. Then you will be required to put in your legal ID like NIN or Passport number.
You should use your personal details as they appear in your bank. Fill in your personal details, verify and move to the next page.
If you don’t know anyone in the country you want your account domiciled, you should go to yellow pages of that country to get pseudo credentials, while you use it alongside your real credentials in the personal details area.
Thirdly, Verify your email and lift your PayPal limit with a credit card.
You can get a working card at UBA or the Wema by Alat card, they work very well till date. Use it to verify your PayPal and lift the limit
Finally, Test your account by sending some funds to activate the account. You can get PayPal funds from freelancers and your account is set.
Facts About Opening PayPal Account In Nigeria
[saswp_tiny_multiple_faq headline-0=”h4″ question-0=”Can I open PayPal account with Nigeria number?” answer-0=”Yes, you will need this for verification” image-0=”” headline-1=”h4″ question-1=”Can I link my Nigeria bank account to PayPal?” answer-1=”No, you can only link your dollar Mastercard” image-1=”” headline-2=”h4″ question-2=”How do I verify my PayPal account in Nigeria?” answer-2=”You can Verify your email and lift your PayPal limit with a credit card.” image-2=”” count=”3″ html=”true”]
Do you have any questions on how to open a PayPal account?