Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,158,071 members, 7,835,610 topics. Date: Tuesday, 21 May 2024 at 12:28 PM

Amazing But True: Nigerians Can Now Make Withdrawals And Payment Using Paypal - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Amazing But True: Nigerians Can Now Make Withdrawals And Payment Using Paypal (4112 Views)

CBN Introduces New Charges On Bank Deposits And Withdrawals / 5 Legitimate Ways Nigerians Can Build Residual Income On The Internet / Banks Move To Limit Over-the-counter Withdrawals To N10,000 (2) (3) (4)

(1) (Reply) (Go Down)

Amazing But True: Nigerians Can Now Make Withdrawals And Payment Using Paypal by Ade3000yrs(m): 2:30pm On Dec 26, 2015
How to Make Money With PayPal in Nigeria (and Withdraw with) Payoneer Card!

Paypal Nigeria , Payoneer,
withdraw money from paypal
Gone are the days when Nigerians were limited due to the fact that PayPal was not allowing them to receive money into their PayPal accounts. In times past, Nigerians were not even allowed to own PayPal accounts let alone use it for transaction online.
In case you don’t know, Paypal is an electronic payment system that allows you to pay (and get paid) money online into a virtual account called “paypal account”. In other words, a paypal account works like an electronic wallet through which many financial transactions can be conducted online. A paypal account is usually opened with an email address, which is then used to receive or send funds online.
How to make Money with Paypal
It is pretty easy to make money online. There are various methods involved in making money online legitimately — such as blogging , freelancing, buying and selling websites, etc. With your paypal account, it will be easy to receive many of these payments online. So, once the money is now in your Paypal, you can then withdraw the funds at your local bank here in Nigeria, in Naira denomination.
Fortunately, PayPal decided to lift some of the limitations imposed on Nigeria. Sometime last year (2014), PayPal decided to allow Nigerians to own and operate PayPal account.
However, the said PayPal accounts granted to us still have some limitations. Nigerians are only allowed to send money via the PayPal account for online payment purposes, and are NOT allowed to receive money into their PayPal accounts. In other words, you can’t withdraw funds from your PayPal as a Nigerian.
If the truth must be told, this limitations are frustrating for those who want to make money online and the merchant is asking them to own PayPal account as mode of payment.
So, let me explain some genuine means smart Nigerians make money online/withdraw with a Nigerian PayPal account in Nigeria . And believe it or not, the methods am about to reveal here are completely free and legitimate methods of making money.
This thing has been on for long and many Nigerians are already enjoying it but only a few will tell you.
How to withdraw your Paypal Money in Nigeria
Here are some methods you can use to withdraw money from your paypal account in Nigeria.
The Payoneer MasterCard method
You can withdraw your money from PayPal using the Payoneer MasterCard. The card automatically gives you a bank account in the Bank of America once you activate the card. This means you can use your Bank of America account number to open PayPal account.
However, you will need to use a United States approved Account to verify it. Don’t worry, it is simple.! Just request a virtual US account from Payoneer. Payoneer may charge you a token for this.
You just need to request for the Payoneer MasterCard from payoneer.com. After receiving the card, link it to your Bank of America account number that Payoneer sends along with the card. It usually takes about 1 month to have your Payoneer Mastercard shipped to your address here in Nigeria.
After you have done this, buy US VPN that will make it look like you are browsing from the United States. On your VPN, sign up a PayPal account and when they request for your bank account detail, provide your bank of America account number linked to your Payoneer MasterCard.
After few days, your PayPal account will be verified and you can start making money online from those sites that insist on PayPal as the only means of payment of your earnings. With a Payoneer Card backed up PayPal account, you will be able to withdraw the Naira equivalent of your dollar funds over an ATM here in Nigeria
The exchanger route
If you cannot go through the stress of collecting Payoneer MasterCard, you can decide to work through Nigerian exchangers. When the merchant you work with online request for your PayPal account for payment, simply send them any email address that you have never used before.
The merchant will send the money into the unregistered email address and you only need to contact any of the dollar exchangers in Nigeria to buy your PayPal money. They will add the unregistered email address to their own registered PayPal account and they will transfer the money into their PayPal account and pay you in naira.
This way, you will never be limited again on the issue of making money online from outlets or merchants that insist on PayPal withdrawal alone. www.winterbaker.com

3 Likes 1 Share

Re: Amazing But True: Nigerians Can Now Make Withdrawals And Payment Using Paypal by Activityj(m): 3:09pm On Dec 26, 2015
WELLDONE BRO.
Re: Amazing But True: Nigerians Can Now Make Withdrawals And Payment Using Paypal by afrideo(m): 3:34pm On Dec 26, 2015
Ade3000yrs:
How to Make Money With PayPal in Nigeria (and Withdraw with) Payoneer Card!

Paypal Nigeria , Payoneer,
withdraw money from paypal
Gone are the days when Nigerians were limited due to the fact that PayPal was not allowing them to receive money into their PayPal accounts. In times past, Nigerians were not even allowed to own PayPal accounts let alone use it for transaction online.
In case you don’t know, Paypal is an electronic payment system that allows you to pay (and get paid) money online into a virtual account called “paypal account”. In other words, a paypal account works like an electronic wallet through which many financial transactions can be conducted online. A paypal account is usually opened with an email address, which is then used to receive or send funds online.
How to make Money with Paypal
It is pretty easy to make money online. There are various methods involved in making money online legitimately — such as blogging , freelancing, buying and selling websites, etc. With your paypal account, it will be easy to receive many of these payments online. So, once the money is now in your Paypal, you can then withdraw the funds at your local bank here in Nigeria, in Naira denomination.
Fortunately, PayPal decided to lift some of the limitations imposed on Nigeria. Sometime last year (2014), PayPal decided to allow Nigerians to own and operate PayPal account.
However, the said PayPal accounts granted to us still have some limitations. Nigerians are only allowed to send money via the PayPal account for online payment purposes, and are NOT allowed to receive money into their PayPal accounts. In other words, you can’t withdraw funds from your PayPal as a Nigerian.
If the truth must be told, this limitations are frustrating for those who want to make money online and the merchant is asking them to own PayPal account as mode of payment.
So, let me explain some genuine means smart Nigerians make money online/withdraw with a Nigerian PayPal account in Nigeria . And believe it or not, the methods am about to reveal here are completely free and legitimate methods of making money.
This thing has been on for long and many Nigerians are already enjoying it but only a few will tell you.
How to withdraw your Paypal Money in Nigeria
Here are some methods you can use to withdraw money from your paypal account in Nigeria.
The Payoneer MasterCard method
You can withdraw your money from PayPal using the Payoneer MasterCard. The card automatically gives you a bank account in the Bank of America once you activate the card. This means you can use your Bank of America account number to open PayPal account.
However, you will need to use a United States approved Account to verify it. Don’t worry, it is simple.! Just request a virtual US account from Payoneer. Payoneer may charge you a token for this.
You just need to request for the Payoneer MasterCard from payoneer.com. After receiving the card, link it to your Bank of America account number that Payoneer sends along with the card. It usually takes about 1 month to have your Payoneer Mastercard shipped to your address here in Nigeria.
After you have done this, buy US VPN that will make it look like you are browsing from the United States. On your VPN, sign up a PayPal account and when they request for your bank account detail, provide your bank of America account number linked to your Payoneer MasterCard.
After few days, your PayPal account will be verified and you can start making money online from those sites that insist on PayPal as the only means of payment of your earnings. With a Payoneer Card backed up PayPal account, you will be able to withdraw the Naira equivalent of your dollar funds over an ATM here in Nigeria
The exchanger route
If you cannot go through the stress of collecting Payoneer MasterCard, you can decide to work through Nigerian exchangers. When the merchant you work with online request for your PayPal account for payment, simply send them any email address that you have never used before.
The merchant will send the money into the unregistered email address and you only need to contact any of the dollar exchangers in Nigeria to buy your PayPal money. They will add the unregistered email address to their own registered PayPal account and they will transfer the money into their PayPal account and pay you in naira.
This way, you will never be limited again on the issue of making money online from outlets or merchants that insist on PayPal withdrawal alone.
The part of withdrawing was what i wanted to know
Thanks cause you shared an idea i was nt aware about before
Re: Amazing But True: Nigerians Can Now Make Withdrawals And Payment Using Paypal by harristo(m): 3:58pm On Dec 26, 2015
Activityj:
WELLDONE BRO.

Don't welldone him. It is old news that paypal no longer allows linking of payoneer us bank account to your paypal account.
Currently, you can only link your payoneer mastercard to your us paypal account, thereby verifying the paypal account. But you won't be able to withdraw from the paypal to the payoneer account.

1 Like

Re: Amazing But True: Nigerians Can Now Make Withdrawals And Payment Using Paypal by sdavirus: 4:19pm On Dec 26, 2015
harristo:


Don't welldone him. It is old news that paypal no longer allows linking of payoneer us bank account to your paypal account.
Currently, you can only link your payoneer mastercard to your us paypal account, thereby verifying the paypal account. But you won't be able to withdraw from the paypal to the payoneer account.

Yes, exactly.
I tried it recently... Was verified. After a day, I got a mail, stating that they couldn't withdraw the small deposits they made, and they had to undo it!!!

1 Like

Re: Amazing But True: Nigerians Can Now Make Withdrawals And Payment Using Paypal by Sammig1(m): 5:38am On Dec 28, 2015
And we are one of those trustee exchangers available on naira land. Send us your funds and get your naira asap in your account. Call SMS or whatsapp 08037495005 for enquires or check my signature
Re: Amazing But True: Nigerians Can Now Make Withdrawals And Payment Using Paypal by edoziechris: 12:09pm On Jun 30, 2019
Well, Do you know that you can also withdraw your PayPal funds to your Naira bank account @ 360 or 355 exchange rate, with this method you don't even need to sell your PayPal funds to Online exchangers or individuals, furthermore you can also link your credit card to the PayPal account and withdraw your PayPal funds to the credit card, this new method is a topnotch, that's what am making use of for the past 4 months, the awesome thing about this method is that I don't even need a VPN or foreign numbers to operate this PayPal account, my regular Nigeria IP, Nigeria phone number is good to go, This method is new, many are yet to discover this method, click here to view full details on how to set it up and thank me later �

(1) (Reply)

Entrepreneurship Series (XII): Haulage Business / Sending Gifts To Nigeria: / Help Chibuzor Eze Has Scammed Me.

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 36
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.