PayPal has partnered with Safaricom to develop an online money transfer service that is convenient and efficient to enable digital users send and receive funds over the internet.
The PayPal mobile money service with M-pesa has become a popular money transfer method because of the increase of mobile phones as opposed to the card online payment system that has not been embraced by many Kenyans.
This has enabled many Kenyans take up online jobs as they can now readily get access to their online funds.
PayPal requirements to receive money via M-pesa
- A PayPal account. Sign up for one in their website
- A Registered M-pesa account from Safaricom.
- A link between your M-pesa and PayPal account.
How to link M-pesa to PayPal account
- Go to PayPal mobile money.com
- Login to your account
- Enter your M-pesa registered phone number
- Agree to the terms and conditions for using the service
- Enter the 4 digit code sent to your mobile number in the PayPal platform to finish the linking process
How to deposit money to PayPal from M-pesa
- Login to PayPal mobile money website
- Click the Top up menu option
- Click calculate to get the converted amount
- Go to M-pesa menu
- Select Lipa na M-pesa then Paybill
- Enter business number-800088
- Enter your PayPal linked phone number as the account no
- Enter amount in Kenya shillings
- Enter your pin and send
- You will receive a text message confirming that a certain amount of USD was added to your Account
How to withdraw money from M-pesa to PayPal
- Go to PayPal mobile money website
- Login to your account
- Click on the Withdraw menu
- Enter the amount you would like to withdraw from PayPal
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