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How to create a paypal account in nigeria

how to create paypal in nigeria

How to create a paypal account in Nigeria

Are you tired of the hassle that comes with traditional payment methods? Say hello to PayPal! This online payment platform has revolutionized the way we transfer money, making transactions faster and easier. In this blog post, we will guide you on how to create a PayPal account in Nigeria. Whether you’re an entrepreneur looking for a reliable payment solution or an individual seeking convenience, read on to learn all about PayPal in Nigeria!

What is PayPal?

PayPal is an online payment platform that allows users to transfer money electronically. It was founded in 1998 and has since become a popular alternative to traditional payment methods such as bank transfers and checks. PayPal offers a secure way to send and receive payments, with the added convenience of being able to do so from anywhere in the world.

One of the key benefits of using PayPal is its ease of use. To make a payment, all you need is your email address and password – no need for lengthy card numbers or security codes! Additionally, PayPal provides buyers with extra protection against fraudulent transactions.

Another great feature of PayPal is its ability to link multiple bank accounts or credit cards. This means you can choose how you want your funds transferred, depending on which account has available funds at any given time.

PayPal offers a convenient and reliable solution for making electronic payments both locally and globally. With just a few clicks, you can securely transfer money without having to worry about complicated banking procedures or high fees associated with other payment methods.

How to create a PayPal account

PayPal is a popular online payment system that allows users to send and receive payments worldwide. Creating an account with PayPal is simple and easy, especially for Nigerians looking to shop or trade online.

To create a PayPal account in Nigeria, you need to visit the official website of PayPal and click on the “Sign Up” button. From there, you will be redirected to a page where you can choose between two options: “Personal Account” or “Business Account”.

Choose the appropriate option depending on your needs and fill out all necessary information such as your name, email address, phone number and password. Make sure that all details are accurate before proceeding.

After filling out all required fields correctly, click on the “Agree & Create Account” button at the bottom of the form. You will then receive an email from PayPal confirming your registration.

It’s important to note that creating a Nigerian PayPal account comes with some limitations compared to accounts in other countries due to regulatory issues. However, it remains a useful tool for online transactions within Nigeria and beyond.

Creating a PayPal account is quick and straightforward – just follow these steps carefully!

How to link your bank account to PayPal

Linking your bank account to PayPal is a crucial step in using the payment service. It allows you to easily transfer money between your PayPal account and your bank account.

To link your bank account, you’ll first need to log into your PayPal account and click on the “Wallet” tab. From there, select “Link a Bank Account.” You’ll then be prompted to enter in some basic information about your bank, such as its name and routing number.

Once you’ve entered this information, PayPal will send two small deposits (usually less than $1) to your bank account within a few business days. When these deposits show up in your statement, return to the Wallet page on PayPal and enter them where prompted. This verifies that you are the owner of the linked bank account.

After verifying these amounts with Paypal, it’s important to note that when transferring money from Paypal balance to a linked Nigerian Bank Account or Debit Cards denominated by Naira currency balance which is not held in USD can take up-to 5-7 working days for funds credited successfully.

Linking a bank account is an essential aspect of using PayPal effectively in Nigeria. By following these simple steps above it should be relatively easy getting setup for online payments via paypal platform!

How to use PayPal in Nigeria

Using PayPal in Nigeria is quite simple and easy. Once you have created your account and linked it with your bank account, you can start using PayPal for online transactions.

Firstly, when shopping at an online store that accepts PayPal as a payment method, select “PayPal” at checkout. You will then be redirected to a login page where you input your email address and password associated with your PayPal account.

Next, confirm the amount of money to be paid and click on the “pay now” button. The funds will then be deducted from your PayPal balance or linked bank account depending on how much money is available in each account.

It’s important to note that some retailers may charge additional fees for using PayPal as a payment method. Always read through the terms and conditions of any website before making purchases so you don’t get caught off guard by hidden charges.

Using PayPal in Nigeria is fast, secure and convenient provided there are no restrictions placed on its use in certain countries or regions.

Fees associated with PayPal in Nigeria

When it comes to using PayPal in Nigeria, there are certain fees associated with its services. These fees may vary depending on your transaction amount and type.

One of the most common fees is the transaction fee which is charged as a percentage of the total amount being transferred. This fee ranges from 3.9% to 4.4% + $0.30 USD per transaction for payments received from buyers outside Nigeria.

Another fee you should be aware of is the currency conversion fee which applies when you receive payments in a currency different from your account’s default currency. The conversion rate used by PayPal may not always be favorable, so make sure to check before making any transactions.

In addition to these fees, there may also be withdrawal fees when transferring funds from your PayPal account to your local bank account or debit card. It’s important to note that some banks in Nigeria charge an additional processing fee for withdrawals made through PayPal.

While using PayPal in Nigeria offers convenience and security, it’s essential to factor in these associated fees before deciding whether or not it’s worth using this payment platform for your transactions.

Pros and cons of using PayPal in Nigeria

PayPal is a global online payment system that allows users to send and receive money securely over the internet. In Nigeria, PayPal has become increasingly popular as an alternative to traditional banking systems for making transactions.

One major advantage of using PayPal in Nigeria is its ease of use. Creating an account is simple and straightforward, requiring only basic personal information like your name, email address, and phone number. Additionally, once you have linked your bank account or credit/debit card to your PayPal account, you can easily transfer funds between them with just a few clicks.

Another advantage of using PayPal in Nigeria is increased security and privacy when making online transactions. With features such as two-factor authentication and buyer protection policies, users can feel confident that their sensitive financial information is protected from fraudsters.

However, there are also some drawbacks to consider when using PayPal in Nigeria. One issue is that not all Nigerian banks support direct linking with PayPal accounts. This means that some users may need to rely on third-party services or other workarounds to access their funds.

Additionally, fees associated with sending or receiving money through PayPal can be higher than those charged by traditional banks or other payment platforms available in the region.

While there are both advantages and disadvantages of using PayPal in Nigeria, it remains a popular choice for many individuals looking for fast and secure ways to make online payments.


Creating a PayPal account in Nigeria is quite easy and straightforward. By following the steps outlined above, you can create your own account and start sending or receiving payments online securely.

PayPal has become an essential tool for e-commerce transactions globally, and its integration with Nigerian banks makes it even more convenient for Nigerians to use. The fees associated with using PayPal are relatively low compared to other payment options available.

While there may be some drawbacks to using PayPal in Nigeria such as limited withdrawal options, overall, it remains one of the best ways to make international transactions from Nigeria.

So why not get started today? Create your own PayPal account and enjoy seamless online financial transactions anytime, anywhere!

Download free pdf on how to create a paypal account in nigeria

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