How to Make a Money Transfer From Paypal to M-PESA
Online banking is now possible to excellent platforms like PayPal and M-PESA. Both services are recommendable due to their ease of use, and many have enjoyed the recommended benefits.
PayPal started earlier, back in 1998, and is still going strong today with access to over 200 countries throughout the globe.
M-PESA, on the other hand, began in 2007 and has since shown to be dependable not just in Kenya but also across Africa and some parts of Europe
Anyone may connect their bank account, credit card, or debit card to their PayPal account and use it to purchase from online merchants that accept PayPal.To use Paypal with M-PESA, your Safaricom M-PESA number should be linked with PayPal to benefit from it.
Before Safaricom Kenya’s partnership with PayPal, the only option for Kenyans to use PayPal to pay for their online purchases was to use a bank account.
Here’s the catch: first, there was only one bank account in Kenya (Equity Bank) that enabled money to be transferred from one account to another, and second, the procedure was very tedious since successful transactions may take days to complete.
The process was made simpler when Safaricom Kenya agreed to engage with PayPal.
Any user may have money sent to their mobile phone (M-PESA) or even from M-PESA to Paypal using the PayPal Mobile Money Service with M-PESA. You must be a Kenyan with a Safaricom mobile phone and an M-PESA account to utilize this service.
How to Sign Up for a PayPal Account
PayPal will not charge you anything when you open an account with them since it is entirely free.All you have to do now is:
- Visit PayPal’s website
- Select the blue button labelled Create an account
- To begin, choose Personal Account
- Provide your phone number if prompted
- PayPal will send you a text message, including a security code
- Fill in the code you received from PayPal in the previous step
- Fill in your legal first and last names, as well as your email address and a strong password
- Accept PayPal’s privacy policy and enter your postal address
- That is it
How to link M-PESA and PayPal
To use the Paypal M-PESA service, your primary mobile phone number must be connected to Paypal to transfer money between the two platforms. Here’s what you should do.
- To get started, go to www.paypal-mobilemoney.com/m-pesa
- Log in with your PayPal account information
- If asked, agree to the terms and conditions
- Add your Safaricom MPESA number that is active
- Enter the verification code received by SMS text on your Safaricom line
- Your Safaricom number is now connected to PayPal, and it’s as simple as that
How can I transfer money from PayPal to M-PESA?
Now that you’ve been granted access and have shown yourself worthy of utilizing Paypal or Mpesa, it’s essential to make sure both accounts are funded.
- Visit www.paypal-mobilemoney.com/m-pesa’ is the PayPal mpesa webpage
- Make sure you’re logged in with the correct information
- Calculate the amount you wish to send using the currency converter on the homepage. By default, it will be presented in Kenyan shillings
- On the same webpage, PayPal Pay Bill Number 800088 should be showing right now
- After you’ve decided on the amount you’d want to send, Return to your phone’s M-PESA menu.
- choose Lipa Na Mpesa
- Select the Pay Bill option from the drop-down menu.
- Use the PayPal Mpesa Pay bill number 800088 as the account number and your phone number as the billing address.
- Fill in the amount you’d like to transfer to PayPal.
- Submit once you’ve entered your pin.
- If the process is successful or not, Safaricom will send you a confirmation message on your number to confirm the details. PayPal will send you also a confirmation to your email.
How can I transfer money from PayPal to M-PESA?
Like sending some cash to Paypal from M-PESA, the reverse is also the same.
To withdraw money from Pay PayPal to M-PESA, the following is required of you
- Visit the same www.paypal-mobilemoney.com/m-pesa’ is the PayPal mpesa webpage
- Make sure you’re logged in with the correct information
- Choose Withdraw from PayPal
- Given that there is some money on your Paypal account, PayPal will redirect to the next window and show you the money on your account
- Again you can use the displayed calculator to cover the amount you want to send from USD(American dollars) to Kenyan shillings
- Enter the desired amount you would like to withdraw and click continue
- Paypal will send you money to your M-PESA account; the process may take up to 2 hours depending on the withdrawal amount
If the process is successful or not, Safaricom will send you a confirmation message on your number to confirm the details. PayPal will send you also a confirmation to your email.
However, the maximum amount you can send for a given transaction is KSH 150000. Please note that you will be charged 3% of the amount you are withdrawing from PayPal to M-PESA and 4% of the amount you are sending to your PayPal account.
