A lot of Nigerian internet marketers have long wished to own a verified PayPal account. But as we all know, Nigeria was one of the countries blacklisted on PayPal and this has made it difficult for a lot of marketers to run their businesses online. Some had to overlook certain businesses that pay only through PayPal and many have fallen victim of scammers promising to open a verified PayPal account for them.
Few months ago, Nigerians received an unexpected good news, which read that PayPal will be adding 10 new countries to their approved countries and Nigeria was listed. You might already know that lately, petitions have been signed to bring PayPal to Nigeria; this gave me hope that PayPal might consider us (in Nigeria) but i’m sure we weren’t expecting it sooner.
Anyways, PayPal now supports Nigeria and this is a happy year for Nigerian internet marketers. Let’s skip to how to open and verify a PayPal account in Nigeria using your ATM card.
How To Open A PayPal Account in Nigeria
Opening a PayPal account in Nigeria is now as easy as creating a twitter account. No need for a foreign IP address. Just follow the below steps –
Move over to paypal.com and on the top right, click “sign up”
Under “individual”, click “open an account”
Complete the info, then agree and create account
How To Verify Your PayPal Account Using A Naira MasterCard
Verifying your PayPal account lifts certain limitations (e.g. spending above $250). To verify your account, we will be making use of a GTBank Naira Master Card (Your normal GTBank ATM card).
Once you’ve completed the first 3 steps, the next page will provide spaces for you to fill in your card details. Once done, you’ll be taken to your dashboard.
Login to the email account you signed up with and verify your PayPal account.
Back on your PayPal dashboard, click “Get verified”, fill in your card details and click “continue”. I made use of my GTBank Naira MasterCard but any other Nigerian Master or Visa card can be used.
$1.95 (N323.70) will be deducted from your Nigerian account to be refunded within 24hours
Your bank will notify you through SMS or email providing the code you’ll use in verifying your PayPal account as shown below –
The naira equivalent of
USB1.95 has been
authorized for the
transaction done on
From your bank notification, copy the 4 digit numbers highlighted in blue.
Move back to your PayPal account and click on “confirm card”, input the 4-digit numbers and confirm your card as indicated below.
All is done; you’ll receive a popup congratulating you on your account confirmation success.
Few months back i never imagined opening a PayPal account in Nigeria can be so easy. Note that PayPal accepts credit cards, visa, American express and Master card. Also at this time, PayPal does not allow Nigerians to transfer funds to other PayPal accounts or add their bank account but you can add more than one debit or credit card to your Nigerian PayPal account and there’s no need to fund your account before making purchases, your card will be charged for any purchase you make.
What do you have to say about this outstanding online development in Nigeria? Let’s discuss in comment.