PayPal is one of the most widely used methods of money transfer. It is now used by many people all over the world to send and receive payments, and luckily Kenya is one of the countries. Many online casinos now accept PayPal Kenya as a method of depositing and withdrawing funds due to its widespread popularity and large user base.
Despite the fact that there are a variety of payment methods in use around the world, many people prefer PayPal. It is well-known and has a distinctive logo. They’ve come a long way since their beginnings by improving the service they provide. As a result, it is now certain that they are superior to other providers in at least two ways: simplicity and ease.
How does PayPal Kenya work?
There are two ways to operate with a PayPal account. The first method is to link your bank account, debit card, or credit card. When you authorize PayPal to send or receive a payment, the company gains access to your card’s funds. The money is then transferred automatically to or from the person you are transacting with.
The other option is to keep a balance from previous transactions in your account or to deposit into your account using M-Pesa or online banking. This balance can then be used to make online purchases or to store cash, just like a bank account. This option is safer because it does not require PayPal to access any of your bank accounts.
What can you use Paypal Kenya for?
PayPal is a digital payment system that makes transactions more convenient. It’s simple to use once you’ve registered, and it saves you a lot of time, especially when shopping online.
Online Shopping with PayPal Kenya
PayPal is used by almost every website on the internet. Those who provide services or sell goods, in particular. As service providers, online casinos began to include PayPal in their payment methods list with one goal in mind: to make the customer’s experience easier. Instead of entering your payment information every time you make a purchase, simply select PayPal as your payment method and confirm it. You don’t need to keep your credit card information or any other personal information on hand. This is ideal if you are on the go and have forgotten your credit card.
International Money Transfers with PayPal Kenya
Another compelling reason to create a PayPal account is the ability to send money to anyone who has one, regardless if it is in Kenya or any other country in the world. With the PayPal app, it’s even easier. After you’ve registered, you’ll be able to download the app. All of your contacts with PayPal accounts will be listed in your phonebook, and all you have to do is select the one you want to send money to and enter the amount. It takes less than a minute.
If you don’t want to download the app, you can use the desktop version to send money. Log in to your account and select “send payments” from the drop-down menu. Then simply enter the recipient’s email address and the amount you want to send. It takes one minute again, and the transaction is completed instantly.
In the same way, you can also receive transfers from anywhere in the world to your PayPal Kenya account.
Online casino deposit and withdrawal with PayPal Kenya
To deposit money to your online casino account using PayPal, simply select the “deposit” option and choose PayPal as the preferred casino payment method. Once you’ve entered the amount, the transfer will be processed immediately. There are no waiting periods, so you can deposit and play right away. The minimum deposit amounts for this method differ from casino to casino.
When it comes to withdrawals, go to your online casino account and select “withdrawal.” Choose your preferred method, which in this case is PayPal, and enter the amount you want to withdraw. Make sure that the amount you enter is between the casino’s minimum and maximum limits. The withdrawal process begins after you enter your account information. Due to the casino’s processing time and the time it takes for PayPal to clear, it can take up to a few hours.
Once you have withdrawn the money from the online casino account to your PayPal account, you can transfer them to your M-PESA account or bank account.
How to link PayPal to M-PESA
Safaricom and PayPal introduced a PayPal Mobile Money Service with M-PESA. With this service, you can easily transfer money between your PayPal and M-PESA accounts in Kenya. Before you can transfer money from PayPal to M-PESA or withdraw money from PayPal to M-PESA, you will need to link both accounts. It is a straightforward procedure that won’t take more than a few minutes.
- First, go to the PayPal Mobile Money Service website to get started.
- Select “Get Started” and enter your PayPal email address and password.
- Enter the mobile number connected to your M-PESA account
- You will then receive a confirmation code to verify the phone number and your request.
- Enter the confirmation code to complete the online registration
- Your Paypal account is linked to your M-PESA account.
How to send money from M-PESA to PayPal
To send money from your M-PESA to your PayPal account, you should first log in to the PayPal Mobile Money Service. You will need to use the calculator to help you convert the amount you are depositing to KES, as PayPal keeps your money in US dollars. Once you have the amount in KES, open your M-PESA menu on your phone.
- Select Lipa na M-PESA
- Go to the Pay Bill menu
- Click on Enter business number and type 800088
- Click on Account number and enter your mobile phone number
- Enter the amount you want to deposit in KES
- Enter your M-PESAPIN number
- You will receive the money on your PayPal account within a few hours
How to withdraw money from PayPal to M-PESA
If you want to withdraw money from PayPal to M-PESA, go to the PayPal Mobile Money Service website.
- Click on Withdraw from PayPal.
- Your available balance will be shown in US dollars.
- Enter the amount you would like to withdraw in US dollars
- Click on Continue to Withdraw
- This will direct you to a page where you will see the amount that you will receive on your M-PESA account converted in KES, the conversion rate and the estimated time in which you will receive the transfer from PayPay to M-PESA.
- To complete the transfer, click Confirm.
PayPal to M-PESA charges
You will have the option of viewing the applicable fees, charges, and exchange rate for each Withdrawal or Top Up before completing the transaction, which you must confirm in order to complete the transaction.
To withdraw money from PayPal yo M-Pesa, you will be charged a 3% conversion fee. To deposit money from M-Pesa to PayPal you will be charged a 4% conversion fee, plus M-PESA will charge you a customer to business paybill charge.
How to open a PayPal account in Kenya
It is simple to open a PayPal account if you do not already have one. Simply follow the steps outlined below.
- Go to PayPal.com to get started.
- Click the “Sign up for free” button.
- Choose between a Personal and a Business account.
- Select a country (in the upper left corner) and enter your phone number.
- You will receive an SMS with a confirmation code that you must enter.
- Fill in your personal information on the Registration form and create a password for your account.
- When you’re finished, click Agree and Create Account and you have a new PayPal account.
Is PayPal safe?
PayPal is completely safe to use and has a buyer and seller protection policy. Customers have a high level of trust in the company.
To begin, when paying with PayPal, you do not enter your bank account information or any other information besides your account logins and PIN. As a result, the online store’s database does not contain your information. The same goes for playing at an online casino. Apart from your PayPal account information, they will have no other information about you.
Second, PayPal protects both sellers and buyers from fraud. They offer Buyer Protection, which ensures that the customer is protected in the event of a problem. They will assist the customer in receiving a full refund if an item does not arrive or is not as described. They also have Seller Protection, which protects sellers from being defrauded. If the seller provides proof that the item was sent and the buyer claims not to have received it, the seller is entitled to the entire payment.
Finally, PayPal employs SSL encryption to protect your financial information as well as the data transmitted between your browser and their servers. They encrypt data in transit and data stored on their servers as well.
About PayPal Kenya
In Kenya, using PayPal has opened up a world of possibilities. Connecting PayPal to M-Pesa makes sending and receiving the money to Kenya from anywhere in the world a breeze.
If you don’t already have a PayPal account, we recommend you open one following the guide above.