Due to the fact that PayPal has restricted Nigeria from many features, It brings about search queries such as “how to open paypal account that receive money in nigeria,how to accept payment with nigeria business paypal account,because it has been Said that business paypal can take payments in Nigeria without any restrictions.
The truth About the matter is that Business Paypal can take payments in Nigeria but only for merchants use. That is: If you own a Nigeria business paypal Account, You will be able to integrate it on your website and then get paid as a merchant.
With this You can get money to your PayPal and also send out to other Goods and services (GNS) paypal users Anywhere.
In a case where you are not a merchant but ordinary PayPal user who only want to open a personal account for sending and receiving this search “how to open paypal account that receive money in nigeria” should be very common to you as you are looking for a working solution. Before we continue let’s quickly throw some light on this paypal of a thing for those who just stumbled on this page without even knowing what it means so they won’t get lost at our discussion.
Here are the necessary explanations we shall be covering in this post on how to create a paypal account that can send and receive money in nigeria.
- How does paypal works
- Types of PayPal accounts
- PayPal limitations in Nigeria
- how to open paypal account that receive money in nigeria
What is PayPal and How does it work
PayPal is just a payment Gateway which allows anyone to send and receive international payment without hassle. All you need to use paypal is just your details for registration and boom you are done having create an account.
The email you used during the account signup is your PayPal account number. Because that’s what you will use on receiving payments from clients. If anybody wants to pay you through PayPal, you will only give them your email and once payment is sent it will show up in your PayPal account where you can send to other users orwithdraw to your local bank account.
When using PayPal, non of your details are been disclosed to clients sending you money. Your address, location and other details is best known to you and paypal but not to clients and that makes it secured payment means.
Types of PayPal Accounts
There are two different types of paypal accounts. We have personal and business paypal. While the personal account is for those who only want to send, Receive and withdraw to bank, the business account is for commercial and business purposes.
If you’re just an individual who want to use paypal, the best account type is personal. If you own a business where you would want to get paid from clients through PayPal, then you should use business account.
Business account allows you to receive payments through your website as a merchant. That’s a feature that’s not present on personal paypal account. And also, the transaction limit of business account is higher than that of personal account.
Paypal Limitations in Nigeria
The reasons why paypal aren’t usable from Nigeria is the fact that you can’t send and receive funds normally but you can use business account to receive payment through your website.
If you want to manage personal account from Nigeria, it won’t be for sending and receiving funds instead you can only link your ATM card and use it for online payments. Like making purchases online.
how to open paypal account that receive money in nigeria
Recently we discussed the guide to open lesotho paypal account in Nigeria. You can check that out below.
With the above guide, You will be able to open paypal account that receive money in nigeria without issues. Need more clarification? You can Chat our support ticket.
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