Below is How To Open A Paypal Account In South Africa
How to Create Paypal Account for South Africa
Go to www.paypal.com/za
Click on the “Sign Up” (Or “Sign Up up for free”) button at the top of the page.
Enter your phone number, then click “Next”.
A new page will open to input a verification code PayPal will be sending in a short while. Enter the code to pass that stage.
How to Create Paypal Account for South Africa
It is important to learn how South Africa PayPal account works especially knowing that it offers a complete PayPal account functionality.
Generally, opening a new PayPal account across the globe is free, meaning that it cost absolutely nothing. But there’s a charge rate for sending funds to business accounts, receiving funds, and withdrawing to a bank account or bank card. PayPal transaction fee has been discussed further (below) on this page.
The process of using PayPal in South Africa seems a little complicated for few people. But let me break it down.
After you’ve created your PayPal account (and confirmed your email), you can now start requesting funds, sending, and withdrawing funds too. But to start you’ll be requested to link your bank account and/or debit or credit card. The card will be for spending, whereas the bank accounts for withdrawing money.
But the confusion is on the “PayPal Withdrawal” process, right?
Ok, let’s get to it now.
Withdrawing Fund
You can withdraw money from your PayPal account directly to your First National Bank of South Africa (FNB) or any linked South African bank account.
FNB is more preferable by many, you will only need an FNB Online Banking profile. If you don’t bank with FNB, you can create a free FNB Online Banking profile and link your PayPal account to your South African bank account.
We’ve got a separate page on how to create an FNB Online Banking profile and link your PayPal account to your South African bank account.
Spending
Aside from the ability to spend directly from your Credit or Debit Visa or Mastercard linked to the PayPal account, you have the added advantage of topping up from your South African Rands if you bank with FNB. A Top-up takes less than 10 minutes to reflect in your PayPal account.
Requesting for Payment
You have various experience in requesting for payment, which includes creating the link, creating an invoice (only for business PayPal acct), and sharing your PayPal email account.
What is needed to open a PayPal account?
To open a Personal account, you need to provide your first and last name, address, phone number, and email address. For your protection, you’ll create a password for your new account and select 2 security questions.