Nigerians Can now receive Payments through Paypal!
Good news! even though this is long overdue, but it is still a thing of joy especially for those who have been having sleepless night just because there is no way they can receive fund from people in other countries without much hassle.
If you are an entrepreneur who run online business or you offer services to people outside of Nigeria, you need a billing method for your clients and that has been a serious headache for the active minds in Nigeria.
Before now, many have gone through the stress of going as far as creating paypal business account with false country and address, and as if that is not enough, withdrawing from such account is not less stressful as creating it and in this process, many Nigerian have lost thousands of dollars to Paypal account closure or money going through the wrong channels.
Why you need Paypal Business Account in Nigeria?
As a web developer and an entrepreneur, I have seen as many reasons as you may think of to have a Paypal business account. I receive calls from clients on weekly basis asking if there is a way they could receive payments from their international clients and customers in Nigeria, sadly enough, all I could always give to them is to a very sad no.
Just last week, a friend of mine launched his book and his ultimate goal is to target both local and international audience and after we set up his payment channel using Voguepay Payment Gateway, his mood changed from been excited to what I could describe as ‘stunned’ when I told him, his international clients won’t be able to buy freely as he’d initially thought. And what could come to my friend’s mind is to sell his book on amazon and use his well designed website that was prepared to sell the book on its own to a mere landing page that will redirects users to his Amazon book page.
My friend’s expression on the phone took my mind back to why we need Paypal Business Account in Nigeria.
Paypal Business Introduced in Nigeria
In my quest to see if I could come up with a paypal altenative that we could use in Nigeria, I decided make a little research of my own, looking on alternatives like Payza, Bitcoin, and many more, with the aim of finding something similar to Paypal even though I know that none of them could give the same level of service and none is widely used like Paypal, I stumbled upon www.paypal.com itself to compare some of their sevices with the ones I’ve jotted down, And behold what I saw is just below
I’m not so sure when this was introduced, but one thing I was sure of was that I would definitely click the signup button.
How to register for Paypal Business Account
Registering for a Paypal Business Account in Nigeria is as easy as registering for a Paypal Personal Account; before starting, be sure you’re not using any proxy software and the Nigerian Flag is shown at the bottom right of the page.
- Go to Paypal Sign Up Page by Clicking Here
- On that Page, select the second option that reads Business Account
- Enter your valid email address in the next page and click Next
- Fill in the necessary information and click on Agree and Continue
- In the next page, you’ll be asked some questions concerning your business, fill in the necessary and correct information and your done with the sign up process.
The next step requires you to validate your email address, add your valid debit card details for verification and fill some few more information about your business.
…… to be updated