Introduction
Do you know that you can link your PayPal to your M-Pesa account? I had written an article on how to create a PayPal account in Kenya. Click this link to read the whole article. In this article, you will learn how to link your PayPal account to your M-PESA account.
There are several privileges’ you will enjoy if you successfully link your PayPal account to your M-PESA;
Benefits of linking PayPal to M-PESA
- You will be able to transfer money from your M-PESA account straight to your PayPal account. This will help you a great deal when making your payments and purchasing items from stores outside the country. Remember that most international stores like Amazon and eBay accept PayPal payments.
- You will be able to transfer money from your PayPal account straight to your M-PESA account. This eases the process of withdrawal. For freelancers, this is very important as you can access your money easily after getting payment from clients outside the country.
How to link a PayPal account to your M-PESA account
To link your PayPal to your M-PESA account, you have to first activate it by linking it to your debit/credit card. I would advise you to use your equity debit card because this is one of the few banks in Kenya that accepts PayPal transactions. Other than Equity, you can also use Stanbic debit cards and any other card-accepting PayPal transactions.
After linking your debit/credit card, you can go ahead to follow the simple easy steps to link your PayPal to your M-PESA account;
- Visit PayPal -This is the official website for PayPal in Kenya. You will be required to enter your login details to log in to your account.
- Click on the link PayPal to your M-PESA. This option will show up on your screen once you log in using the above link. When you click on it, you will be redirected to the following link.
- Read the terms and conditions and accept before proceeding to link PayPal to your M-PESA
- Complete your first transaction- After completing the process, you are free to complete your first transaction from M-PESA to your PayPal account or vice versa. Remember withdrawing money from your PayPal to your M-PESA takes from 2-72 hours depending on the amount you are transacting, you should therefore exercise a high level of patience.
How to transact from M-PESA to PayPal and vice versa
- To withdraw money from your PayPal account to your M-Pesa account, all you need is to log in to your PayPal account through their website or official app and carry out the transaction, this transaction can take 2-72 hours and is subject to M-PESA transaction limits.
- To deposit money to your PayPal account from your M-PESA, use pay bill number 800088 and enter the number linked to your PayPal account as your account number.
Marion Mwangangi is a Journalism student at Multimedia University of Kenya. Apart from being a student, she is a professional graphic designer, an SEO expert and a video editor. Email: mwangangimarion340@gmail.com