Nairametrics has received emails from subscribers wanting to know if PayPal is in Nigeria and how to set it up. Some actually have PayPal accounts abroad and will like to send money from Nigeria to their PayPal Account abroad. So here goes.

PayPal is the world’s number one online money transfer platform and is used bu hundreds of millions of people worldwide to send and receive money. For years, PayPal had basically shut Nigeria out due to our notoriety for internet related fraud. As things fraud detection techniques improved as well as Nigeria’s notion as the largest economy in Africa, PayPal has now lifted restrictions on Nigeria. Owning a PayPal account is quite simple and you can do that in two ways.

PayPal Website

First thing you do is to go to www.paypal.com/ng
Click on signup…select Personal or Business
Personal will be for your personal debit card and business is for your company debit card (if you have one). I suggest you click personal if this is your first time.
After selecting Personal click continue…you should see “Nigeria” in the drop down area, your email address and password.
Fill in your email address (doesn’t have to be gmail or yahoo. It could be @yourcompanyname)
Type in your password and make sure it is one you can remember
Go to the next page and type other details such as names, date of birth, address and phone number.
Also when filling in your address make sure that it matches the same address details you filled when you opened a bank account
It takes you to a page where you fill in your debit card details
Punch in your card nos, expiry date and the last 3 digits behind your debit card.
Go to your email account and click on verify
Voila!! Your account is setup
Test it by sending $10 to anyone or to your PayPal account abroad (if you have one)
You get debited in Naira and you should get an alert from your local bank

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