Can people in Nigeria open PayPal accounts? Yes. Nigerians can open PayPal accounts. PayPal allows foreign currency transfers and has an affordable processing fee. Find out how to open a PayPal account in Nigeria below.
- 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
- Type in your card number, expiry date and the last three digits behind your debit card.
- Go to your email account and click on verify
- Voila!! Your account is set up
- 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
Using a wallet
First Bank offers this option through their exclusive deal with PayPal. How does this work?
- Simply login in to your Internet banking account using your password and token
- Choose the “PayPal wallet” in the main tab and click “create PayPal wallet” on the drop down menu
- Select which cards you wish to link to your PayPal account and which card will be the default card. Try using one card for easy reconciliation
- Press the button on your online token and confirm accordingly
- Create a password in the pop up window that appears
- Click on “agree and create account”.
- Go to your registered email account with the bank which confirms that you have created a PayPal account
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