Spread the love

Often times, people encounter lot of challenges when trying to send and receive money from one region to another. Using the bank at times looks very tedious owing to the busy nature of Nigerian banks, this is very peril to innocent Nigerians.

People transact on a daily basis; using the cash deposit is not always economical. A more flexible and secure way has to be developed, to ease the customers from unnecessary stress and save the bank from being up to it’s eyebrows. To this effect, PayPal and other online money transfer platforms has been created.

PayPal is the world’s number one online money transfer platform with ample number of users across the world. PayPal allows one to send and receive money from any part of the world; this service is made available in some countries across the world.

It is a save way to transfer money for business and domestic purposes.

It used to be restricted to Nigeria due to the alarming rate of internet fraud and notoriety of the citizen of the country. However, it now provides service to Nigeria and Nigerians at large. Nigerians can now send and receive money from any part of the world within a twinkle of an eye.

One fascinating feature about this platform is that one can send and receive money from any part of the world without no hassle, irrespective of the currency; it would be automatically converted to balance the transaction. It is indeed a laudable initiative and development to the financial institutions.

Opening a PayPal account in Nigeria is very easy but one must be very cautious as any mistake in the information provided may jeopardize the opportunity. Follow the steps below to open a PayPal account in Nigeria:

  • Log on to www.PayPal.com/ng to sign up: The “ng” at the end of the website indicates that you are a applying from Nigeria. When the homepage opens, click on sign up to commence your registration. You would need to select your choice of account, this depends on what you want to do with the PayPal account.
  • There are two types of account: personal account and business account; the former is for a personal use, your personal debit card would be linked to your PayPal account. While the business account is for business purpose; the account would be linked to your business debit card. Your debit card serves the purpose of your bank here.
  • After successful completion of the first stage, you would be redirected to a page where you are required to input your active and accessible email address and your password. After this, you enter your personal data like: date of birth, phone number, traceable home address.
  • However, you have to be conscious when inputting the home address; ensure the home address matches with the one you registered with your bank to avoid unnecessary confusion. When you are done with this, proceed to clicking save and continue with your registration on the next page.
  • The next step is where you enter your card details. As earlier said, your debit card serves the purpose of your bank. You enter your card number; it can be seen on your card, it is the longest number on your card.
  • You also enter the expiry date of the card, usually the month and the year and lastly, the 3 digits behind the card; these are what make your card.
  • You now submit your application when you are sure you’ve not made any mistake.
  • Immediately after your submission, you receive a confirmation message from PayPal in your registered email. You are required to confirm your registration by click on the email message. When you do this, your account becomes activated and ready for use.

These are the procedures required to open an active PayPal account in Nigeria. This can be done within a few seconds at no cost attached. Your PayPal account is connected to your bank account through your card. You receive alert from the bank on any transaction done on the PayPal platform.

Leave a comment

Your email address will not be published. Required fields are marked *