PayPal in Pakistan
Are you a freelancer looking for an easy way to pay online? PayPal is an easy option then. To open a PayPal account in Pakistan, make sure you read the entire article.
Before we get into how to make a PayPal account in Pakistan, you should first know what is PayPal and why it is essential?
PayPal – A Trustworthy Online Money Transfer Platform
PayPal is an American company that was founded in 1998 under the name Confinity. Confinity merged X.com with it in March 2000. X.com was an Elon Musk start-up that later changed its name to PayPal in 2001. PayPal is easy to access on your smartphone. You can get the PayPal app on both android and IOS. It is very user-friendly.
PayPal is an online payment platform that facilitates transactions worldwide. It is essential for businesses. PayPal is used by millions to transact and receive money every day. PayPal makes it easy to send money and pay online. PayPal charges an affordable and reasonable fee for its services.
PayPal is an easy and reliable way for you to transfer money. Due to the popularity of PayPal’s one-click transaction feature, the company’s value has increased to 1.5 billion dollars in four years since its launch. PayPal currently has 346 million registered PayPal accounts and offers services in 202 countries. You can trade and keep 25 currencies with your PayPal account.
PayPal is essential for businesses
Due to the rapid development of technology, most businesses are starting their services online. Young people are increasingly able to take part in online activities like blogging and freelancing. PayPal is becoming more important as the 7,000 small and medium businesses (SMEs) are registered and a large number of freelancers from Pakistan target the international online marketplace.
Trust is a significant factor in freelancing and e-commerce, and all international clients trust PayPal as a payment method. You can significantly increase your sales by using PayPal as your payment method.
It is why it is so common and people search for ways to use PayPal Pakistan to increase their online credibility.
PayPal is not available in Pakistan
Google is the most popular search engine for “Is PayPal available to Pakistan?” PayPal has yet to launch its services in Pakistan. There were rumors that PayPal would not set up shop in Pakistan in 2019.
However, the Government of Pakistan is trying to bring it to Pakistan.
The most popular Google query is “How to open a PayPal account in Pakistan”. This question does not have a clear answer. Other searches include:
How do I use PayPal in Pakistan?
What is the alternative to PayPal in Pakistan
How do I make payment via PayPal in Pakistan
How do I withdraw money from PayPal Pakistan?
This section will provide detailed answers to your questions.
How to open a PayPal account in Pakistan
PayPal is not yet established in Pakistan.
You can still open an account. This is what PayPal online transactions are all about. You can open a PayPal account in Pakistan. You can now increase sales and grow your business like never before.
It is easy to open a PayPal account for Pakistan. PayPal is easy to use in Pakistan. You can also make payments using it.
Guide to Setting Up A PayPal Account in Pakistan
This guide will show you how to set up a PayPal account in Pakistan. It also answers any other questions. You will need to create a PayPal Account in Pakistan. However, if you have a relative or friend who has a PayPal Account, you don’t have to complete the PayPal sign-up form.
Steps to open a PayPal account for Pakistan
Then, follow the steps again in the same order
Register for a PayPal account
Open a Payoneer account
Get the Payoneer card
Activate your Payoneer Card
Connect your PayPal and Payoneer Accounts
These steps will be discussed in greater detail later. After reading these steps, you will be able to create a PayPal account. Don’t miss any step.
Register for a PayPal Account: The first step to creating a PayPal account
Visit the PayPal website.
Register now for a free account
Click on “Next” to choose between “personal account” and “business account”, depending on your needs and requirements.
Enter your email address and create a password. You should have a strong password code. The more secure your password code, the better.
You will need to verify this email address later. Please make sure you enter a valid email account.
All information requested
PayPal is not yet available in Pakistan so you must know the exact address.
Email verification is mandatory. Without it, the account won’t work.
To confirm your email address, click the “Yes, This is My Email” button within the message.
This is how you can create a PayPal business account. PayPal offers two types of business accounts: a standard version and one that is more professional.
Buyers must use PayPal to pay for the standard account. Pro accounts allow you to customize the checkout process. A pro account costs 30 dollars per month. If you plan to buy and sell things on eBay, then a standard account suits you best.
How to create a Payoneer account
Another trusted platform for money transfers is Payoneer. Payoneer offers services in over 200 countries and allows you to deal in more than 150 currencies, making it even more exclusive. These are the steps you need to follow in order to open a Payoneer Account.
Visit the Payoneer website.
You must have an email address to create a Payoneer Account. You can create an email account if you do not have one.
All relevant information should be provided.
Enter your email address and create a strong password to your account.
After your account is created, you will need to verify your email address.
Additional requirements include your city name, ZIP code, and mobile number.
To apply for a Payoneer Account, click on “Sign up Now”.
It is important to have a Payoneer card for PayPal
To receive payments from PayPal, a Payoneer card will be necessary. After you have created a Payoneer Account, you can apply for the Payoneer Card. These are the guidelines:
Payoneer Card requires a bank account.
Your IBAN (account number) will be required.
Next, enter your username & password.
Select a security question. Make sure it is easy to remember.
Enter your CNIC number, then click on the order button.
A message will be sent to you advising that your Payoneer account was created successfully, but not yet complete. It takes about a week to approve, and another 4-6 days for shipping.
Activating your Payoneer CardIt’s Simple and Efficient
After you receive your Payoneer card in 3-4 weeks, you will first have to activate it to use it. These are the steps to activate your Payoneer Card.
Log in to Payoneer.
Enter your username and password.
Click on “Login” and then click on “View your Status and Activate Your Card.”
Click on Activate.
Click on Card Activation.
Enter the 16-digit card number and the four-digit secret pin.
Click on “Agree to Cookies, Terms, and Conditions”
Click on “Activate”
Congratulations! Your Payoneer card has been activated and is now ready for use.
Learn how to use PayPal in Pakistan
We now have a PayPal account. Let’s see how we can make it work.
To receive international payments, link your Payoneer account with PayPal Logging into PayPal will notify you of unresolved status. PayPal does not work in Pakistan at the moment. You can verify your account by opening a bank account in a country that is “PayPal”.
It is important to link your PayPal account with the Payoneer account. Payoneer allows payments to be sent and received through PayPal. Once you have connected it to your PayPal account, the card can be used to withdraw funds at any ATM in multiple banks via Payoneer Debit MasterCard.
Payoneer and PayPal Account Connecting: This is the most important step to using PayPal in Pakistan
This is the most important step in “How do I set up a PayPal account for Pakistan?” or “How do I use a PayPal account for Pakistan?”
Visit the PayPal website.
To log in to your account, enter your details.
Log in to your PayPal Account. Click on the “Link a bank” option.
To link your account to a bank that is not on the list, you will need your login information for online banking.
If your bank is not on the list, you will need your routing number and bank account number.
Log in to your Payoneer Account to check the routing number and account number of the Payoneer accounts.
Activate the US Payment Service
Next, click on the “Receive Money” option.
Click on US Payment Service to find the Routing number as well as the USA Virtual Account number.
Enter the Routing number and USA Virtual Account numbers to verify your PayPal account.
Two small payments will be made to your Payoneer account via PayPal. These deposits will appear in your Payoneer account within 2-3 working days.
You must log back into your PayPal account after you have received deposits from PayPal.
Sign in and enter the amount that you received from Payoneer in your PayPal account.
Follow the above steps to verify your PayPal account.
This is the legal way to use your PayPal account in Pakistan. Avoid falling for any scams. Many scammers will claim that they can sell you accounts. Do not allow them to trick you and don’t fall for their traps. Instead, you can follow these steps to create an account.
You can create a PayPal account if you are traveling to any country that PayPal operates. You can easily open a bank account and then sign up for PayPal.
How do I withdraw money from PayPal Pakistan?
Once you have a PayPal account that you are able to link to your Payoneer account you can withdraw money the following:
You can transfer the amount from PayPal into your Payoneer Account and withdraw it using your Payoneer Card.
You can link your Payoneer account to your JazzCash account for easily withdrawing money by visiting a nearby JazzCash Agent.
Xoom: A Pakistani Alternative to PayPal
Xoom allows users to send money via PayPal. It enables users to electronically transfer funds, pay bills, and reload phones from the United States and Canada to 131 countries.
Xoom is a money transfer service by PayPal that works in Pakistan. It’s a great alternative to PayPal in Pakistan. It is widely trusted because it operates under the PayPal brand.
Any PayPal subsidiary must ensure privacy and security. Xoom is no exception. It’s secure and satisfying.
Logging in to Xoom is simple. It’s easy to use and user-friendly. It is easy to receive payments.
The pros and cons of using PayPal
PayPal is widely used because it’s a quick and easy way to send or receive money. PayPal is the preferred payment method for many online businesses. PayPal offers many benefits, but these are just a few:
PayPal allows quick money transfers. PayPal account holders can transfer money to their bank account from PayPal in under 24 hours.
PayPal transaction fees are affordable and relatively low. PayPal transaction fees are $30 per transaction plus a reasonable 30% for the total transaction amount.
PayPal offers a superior user experience and better account security than other payment methods. It’s as private as you can get.
PayPal makes it easy for sellers to instantly receive payments.
PayPal users can keep track of and view the history of all transactions.
PayPal is a very popular payment method on e-commerce websites. PayPal account holders are able to shop online.
Conclusion
There is a general presumption that PayPal is banned in Pakistan. It is not prohibited at all. It is not yet possible to access the systems and services. It is expected to be launched soon. This is the best way to transfer and receive money. This method is used by many Pakistanis to access PayPal. They link their PayPal account with their Payoneer Card. This can allow you to break down the barriers of foreign clients. It eliminates the need to worry about international payments.