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PayPal was launched in 2014 and then, we were restricted from receiving money while we can send payment but now, things have changed.
Nigerians can now open a Paypal account to send and receive money from people anywhere in the World.
PayPal if you do business online you’ll agree with me that it is an extremely popular financial service all across the world. Millions of people use it every day to making payments online and receiving money. Though many Nigerians are still wondering how to receive money through PayPal in Nigeria.
No more worries my dear friend because this article and the video tutorial below walks you through every step needed to start sending and receiving PayPal funds in Nigeria.
Video Tutorial for using PayPal in Nigeria
In the video tutorial above I show you how you can open Paypal account that sends and receive unlimited Fund in Nigeria. You can also receive your Paypal directly to your bank account by linking your local Master or Visa card to the Paypal. Not only that, but you can also link your Payoneer to your Paypal if you have one. So, the fund can be transferred from your Paypal to Payoneer.
There is a big problem in Nigeria and some other countries with receiving online payments through this system.
Can you receive your money if you have a Nigerian account with PayPal? The answer is still, ‘No, you cannot.’ As a Nigerian, you can easily send your money through normal PayPal account in Nigeria, but you are not able to receive funds using that same account. It is hard to say when the famous international company is planning to provide all the services in Nigeria.
Right now, it has no plans to enter the local financial market. At the same time, you should be very attentive to the video tutorial above because while PayPal does not offer you an option to receive money in Nigeria, the video shows you how to start receiving your funds using Paypal.
Some websites or individuals out there charge you for the information provided here free of charge for you.
So go ahead and follow the instructions and let me know your opinion using the comment section below…
Advantages of Using PayPal
Since PayPal accounts connect directly to a bank account, buyers can pay for online purchases even if they do not own a credit card. Using PayPal may increase financial security for buyers since the seller does not receive a bank account or credit card numbers, only the PayPal account number. Buyers can also use accounts to purchase items of differing currencies, so international purchasing is easier. The fact that PayPal is free is also appealing to many buyers.
Advantages for Sellers
Since buyers can pay for merchandise immediately, sellers receive payments immediately without having to wait for checks to go through the mail or clear the bank. Individual sellers can accept credit card payments without having to pay the fees credit card processors charge, and merchants may find PayPal’s fees lower than other processors. PayPal offers a seller protection policy as well that may cover losses for products lost or damaged in shipment or from a chargeback.
So, as an affiliate marketer, a blogger or all if you do business online. Using PayPal to receive funds will be easier. You can use PayPal directly on your website or create an invoice and all payments are sent directly to your PayPal account and you can withdraw funds to your credit card or your pioneer account…