Africans Can Now Recieve Payment On PayPal as Flutterwave Partners with Paypal
What is PayPal?
PayPal is an electronic commerce company that facilitates payments between parties through online transfers. PayPal allows customers to establish an account on its platform, which is connected to a user's credit card or checking account. Once identification and proof of funds are confirmed, users can begin sending or receiving payments to and from other PayPal accounts online or through the company's app.
PayPal was one of the first companies to create the internet’s infrastructure for cross-border payments. As of 2020, it had 377 million customers in more than 200 countries. It’s pretty unfortunate to know that you can’t receive payments on PayPal as an African. Still, with the recent partnership, PayPal has with Flutterwave, Africans can now receive payment on PayPal.
Flutterwave partners with PayPal to allow African merchants receive payments on PayPal
According to a statement by Flutterwave, the integration with PayPal is live and operational across 50 African countries and worldwide.
The service is only open to new and existing businesses on Flutterwave. In the coming weeks, the service will be open to individuals, freelancers, event owners, and NGO’s.
That means small business owners and freelancers who use Flutterwave in places like Kenya, South Africa, Egypt, Morocco, Mauritius, Malawi, Mozambique & Senegal will accept payments from PayPal users worldwide.
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Olugbenga Agboola, Flutterwave’s CEO, said the partnership reinforces the Nigerian company’s vision of “creating a seamless digital payments system for Africa’s business communities that can now transact with international consumers.”
How to activate Pay with PayPal feature on Flutterwave
If you do not own a Flutterwave already, move on to flutterwave.com/ng/, create an account, go to your dashboard and:
- Go to account settings;
- Enable dashboard payment options;
- Select PayPal from the list of options, and that’s all.
- This change would make PayPal get displayed as an option on your checkout, allowing customers to check out using that option.
That's all. There's no need to look for where to sell PayPal funds as you can now directly move the money into your bank account.