If you are reading this post you’re in luck because I too was once in the same quest of finding out how to receive funds with PayPal to my account in Nigeria.
Before we get to the main reason you’re here I will like to brief you about the current PayPal situation in Nigeria.
If you register for a Nigerian Paypal account either business or a personal account you will not get all the features PayPal can actually offer. For instance, you cant receive funds with that account but you will be allowed to send funds when you’ve successfully linked a debit card to your account.
As of 2021 the only risk-free method of receiving PayPal funds to your Nigerian account is when you register for flutterwave. Flutterwave is a Nigeria Fintech that has partnered with PayPal to help merchants receive payments via PayPal.
For instance, if you an online store, your customers can pay to your store via PayPal.
Kindly note that the payment made will not reflect in your Nigerian PayPal account rather Flutter will help receive the money on your behalf then you can withdraw to your Nigerian Account.
It’s quite easy to set up a Flutter wave account, find below steps to help you set up a flutterwave account and receive PayPal payments.
The first you do is to fill in your correct Legal details
The next step is to check your email and verify your account
You’ll get a welcome page as shown below for you to choose your category, are you a freelancer, Business e.t.c. Choose the appropriate category that applies to you.
Fill in your Banks details, phone number, bvn and submit your valid id on the page below
To enable payments via PayPal payments click settings as shown in the screenshot below
Tick Enable PayPal as shown in the screenshot below
To receive a Paypal payment click payment links as shown in the screenshot below then view the link
This link is the link a customer can use to make payments to you via Paypal or debit cards. If you use Flutterwave WordPress plugin Rave Woocommerce Payment Gateway your customers will also be able to make payments to you.
The customer can fill in their name and details
They can now choose to pay you via PayPal as shown below
As soon as the payment is complete, it may take within 5 -10mins or more for the payment to reflect on your dashboard.
Kindly note that Paypal and Flutterwave charge 4.4% of the transaction value + $0.30 per transaction received via PayPal.
When the payment reflects on your flutter wave dashboard you will notice the charge has been deducted.
Flutterwave allows you to track the transaction progress as shown below
You won’t be able to withdraw your funds until the money is moved from your Ledger balance to your Available balance.
I hope this post was helpful to you, or you have questions or comments, feel free to share them below.
You can register for a Flutterwave account here
You can show me, love, by supporting me using flutterwave here