In order to withdraw money from PayPal to M-Pesa in Kenya, you will need to convert the amount in your PayPal account to Kenyan shillings. You can do this using the currency converter provided by PayPal. After logging in to PayPal, click on “Top-up” and enter the amount in USD or Kenyan shillings. This will prompt you to open the Lipa na M-PESA menu. Click on the Pay Bill option, enter your account number as your business, and then enter the amount that you want to withdraw.
Drawbacks of PayPal Mobile Money Service with M-Pesa
To use PayPal mobile money service in Kenya, you need to have an account. To do so, visit the PayPal MPESA website and log in with your PayPal username and password. When you do, you’ll see a screen that tells you how much money you have in your PayPal account and the maximum amount you can withdraw.
PayPal has partnered with Safaricom to allow Kenyans to transfer money between their PayPal accounts and M-PESA accounts. The integration makes it easier for Kenyans to shop online from anywhere in the world. This is good news for Kenyan businesses and freelancers that are trying to sell their goods or services to global customers.
PayPal’s partnership with M-PESA is an example of how partnerships work. While PayPal has been a major player in the mobile payment space for over three decades, it still faces some challenges, such as the fact that it has been slow to take off in Kenya. Nevertheless, the M-PESA-PayPal collaboration with PayPal will open up new markets for Kenyans and the global economy. The partnership between PayPal and Safaricom allows both companies to create robust platforms.
Methods for withdrawing money
Having access to PayPal services from any part of the world is a major benefit for business people in Kenya. The online payment system allows you to transfer money to more than 200 countries. PayPal also offers services that help you withdraw money from your PayPal account to your linked M-PESA account. With this integration, you can withdraw money from PayPal to M-PESA within just a few hours.
To use PayPal services in Kenya, you first need to have a PayPal account. Then, you need to agree to the terms and conditions. After that, you will receive a verification code. Once you have verified your identity, you are ready to transfer money from PayPal to M-PESA.
The process is relatively simple. First, you need to create a PayPal account. Once you’ve done this, you can then withdraw money from PayPal to M-PESA in Kenya. To do so, go to the PayPal website and click on the MPESA link. You’ll need your PayPal username and password to login to the account. Once you’re logged in, you’ll see a screen that shows your balance and maximum withdrawal amount.
Requirements
If you want to withdraw money from PayPal to MPESA, you will first need to have a PayPal account and M-PESA account. Once you have both accounts, you will then be able to link them to each other. To do this, log into PayPal’s mobile money portal and enter your M-Pesa account number. You will then be sent a four-digit verification code.
If you use PayPal to make payments online, you can also use it to send money from one country to another. PayPal offers international payment services for both individuals and businesses. Its service is used in over 200 countries. In Kenya, it allows you to send money to other MPESA users. By using PayPal, you can also send money from PayPal to MPESA, bringing mobile money into the digital world.
You must first have a PayPal account in Kenya. Once you’ve done this, you can then top up your account with M-PESA funds. Then, you can withdraw the money within a few hours to three days. PayPal will also allow Kenyan businesses to sell their products or services internationally. However, if you’re going to use PayPal to withdraw money to MPESA, you should bear in mind that you’ll incur a 3 percent conversion fee.
If you’re one of the many people in Kenya who uses PayPal to receive money from online work, you may wondering how to withdraw that money and get it into your M-Pesa account. Here’s a quick guide on how to do just that.
1. To start, log into your PayPal account and go to the ‘Withdraw Money’ section.
2. Then select ‘Withdraw to your bank account’.
3. On the next page, select ‘Withdraw to mobile money’.
4. Enter the amount you want to withdraw, then select ‘Continue’.
5. On the next page, select Kenya as the country and ‘EcoBank Kenya’ as the bank.
6. Enter your M-Pesa number in the ‘Account Number’ field and click ‘Submit’.
7. You should receive a confirmation message from PayPal, and the money will be deposited into your M-Pesa account within a few minutes.
That’s all there is to it! Withdrawing money from PayPal to M-Pesa is a quick and easy way to get your money into your mobile money account so you can access it whenever you need it.