Are you a Nigerian and you have been longing to use a PayPal account? Learn how to receive money through PayPal by Nigerians.
The online payment service PayPal makes it simple to send and receive money. Users can send invoices to clients, transfer money, receive money, withdraw money, and do a lot more with PayPal. PayPal is accessible in Nigeria as well.
This post will teach you how to use PayPal to send and receive money in Nigeria. Nigerians were formerly restricted from sending and receiving money via PayPal. Citizens of Nigeria could open no accounts.
However, that ban was removed in 2014, and Nigerians were now free to manage personal accounts. But the account is restricted to sending money. There was no chance of getting paid or receiving money.

Can I Receive Money in Nigeria with PayPal?
With a PayPal personal account, you cannot receive money in Nigeria. Only internet payments, money transfers, and shopping are permitted. However, if you have a PayPal business account, you can get paid by your clients.
Read- Wave Accounting: Pros, Cons, And 11 Alternatives.
About How to Receive Money Through PayPal by Nigerians
Nigerians were able to sign up for a PayPal business account sometime in 2018. Nigerians can receive money with a PayPal Business account but under certain circumstances. The conditions and requirements will be listed in this article.
Only businesses, entrepreneurs, startups, and freelancers who conduct business online may register an account. Nigerians now have the option to collect payments through their website thanks to the business account.
With the business account, you may also ask clients for payment, create invoices, and do other things.
Read- Coinbase Review: Is it Available in Nigeria?.
2 Types of PayPal Account
Nigerians can choose between two types of PayPal accounts.
- Personal account and
- Business account
1. Personal account
For anyone who wants to use PayPal to transmit money or pay for services online, a personal account is available.
The personal account is for you if you enjoy buying on websites that take PayPal online.
Read- Direct Deposit: Meaning And How it Works .
2. Business account
Businesses that want to accept payments from customers online must have a business account.
The business account provides businesses with the means to accept payments by adding a payment solution to their websites. There are numerous resources and choices available for businesses.
Read- What You Need To Know About Carbon Paylater Loan.
5 Requirements for Opening a PayPal Personal Account in Nigeria
The prerequisites to open a PayPal personal account in Nigeria are as follows:
- You must provide your name. The name on your birth certificate and other official documents must be your legal name.
- Your email?
- A reliable password
- Credit or debit card. Only MasterCard and Visa are accepted. Verve is rejected.
- Your address.
Read- Expertnaire Review- Is It Legit? and How to Make Money Through Affiliate.
7 Requirements for opening a PayPal business account in Nigeria
The prerequisites to register a PayPal business account in Nigeria are as follows:
- Your name. You should use your full legal name.
- Your company name. If you wish to start a business account, unless you are a freelancer, you must have a registered business name.
- Your company’s information will be needed.
- Your official identification card.
- An International passport will be needed.
- Email address
- Mobile number
Note:
Keep in mind that if you don’t give true and correct information, your account will be closed, regardless of how much money is in it.
Read- WhatsApp Business: Features, Overview and How it Works.
How to register with PayPal in Nigeria
To open a PayPal account in Nigeria, these are the steps you must take:
- Select the type of account you want. You can choose to use a personal account or a business account. Choose the one you need right now.
- Go to the PayPal website. To open an account with PayPal, you must go to their website. You can visit the personal account creation page to create a personal account. You can visit the business account creation page to create a business account.
- Complete the account registration form. Fill out the account opening form entirely and accurately. To avoid losing your account, you must ensure that all the information you enter is accurate.
- Verify the email address you used. Your email address will need to be verified. When opening accounts online, this is typical. Access your email account and confirm.
- Manage your account. Your account is currently active! Your account is now active. Change your password, add new cards to your account, and do other operations.
How to send money using PayPal in Nigeria
To send money with PayPal in Nigeria, follow these procedures.
- Access your account. You must sign in to your account to send money.
- Select “Send Payment.” On the top menu, select “send payment” by clicking.
- Fill out the recipient’s information. Type the recipient’s name or email address here.
- Type in the payment method and the amount: Please enter the desired donation amount. Choose which card you want to use to make a payment if you have several added to your account.
- Send money: Send when you’re ready!
- Use an invoice payment: You can request an invoice from the person you are paying money to. Your account will display the invoice, and all you have to do is click to pay.
- Make use of pre-approved funds: You can set up pre-approved payments if you have ongoing expenses, such as Facebook ads, theme subscriptions, and so on. As a result, the money will be automatically taken out without your involvement.
How to receive money in Nigeria using PayPal
To receive money using PayPal in Nigeria, follow these procedures.
- Create a business PayPal account. Payments can only be made to businesses. Unfortunately, a personal account cannot be used to receive money.
- Configure payments on your website. You can set this up on your website to accept payments from your clients by following the instructions in your account. Simply select “tools” and adhere to the on-screen directions.
- Send invoice. You can also send consumers an invoice together with your company account.
- Funding request Additionally, you can ask your consumers for money.
- Use your PayPal email address. You can also receive money using your PayPal email.
8 Importance of PayPal Account?
- It is recognized in up to 200 nations.
- Security for credit cards: All you need to do is register your card with PayPal. Any website you choose to purchase from won’t require you to input it.
- Financial Safety: PayPal buyer protection allows you to get your money back if you make a PayPal purchase and the item is not what you expected or the seller scammed you.
- Dependable brand: A well-known brand worldwide is PayPal.
- Easy Payment: To make payments easier, you can add a lot of cards to your PayPal account.
- You often receive discounts from well-known brands all across the world.
PayPal Customer Service Number
The PayPal customer service number is +1-402-517-4519 and 009 1 402-517-4519.
Conclusion
Although Nigeria has various restrictions, PayPal is still a fantastic service. Hopefully, this restriction will be removed in the future. However, you should never attempt any illegal methods that violate PayPal’s rules.
I hope you enjoy the read on Learn how to receive money through PayPal by Nigerians. If you need further help or clarifications, please do well to contact me via the comment section.
FAQ on How to receive money through Paypal by a Nigerian
Is PayPal functional in Nigeria?
In Nigeria, PayPal is functional. You can send money as a Nigerian by creating a personal PayPal account. Additionally, you can open a business account.
Can I send and receive money using a personal account if I don’t live in Nigeria?
No, and Yes. No, in the sense that if you live in a country that Paypal doesn’t accept, you can’t. And Yes if you live in a country that Paypal accepts, then you can use your phone number to open the account.