How to Transfer Money Online with Paypal Update 2022-This is a complete breakdown of how to use Paypal to transfer money online and how it works, follow through these articles for more clarification.
Paypal is an app used for transferring money online very Easily and securely spending, sending, and managing your transactions—all in one place. Download the app on your phone or sign up for free online. Scan the code or enter your number to get the app. By clicking Send Link you agree to receive a text message with a link to the PayPal app
Meaning of PayPal
PayPal is an online payment system that makes paying for things online and sending and receiving money safe and secure. When you link your bank account, credit card, or debit card to your PayPal account, you can use PayPal to make purchases online with participating stores
How to Open a PayPal account or Sign in Online
Opening a Paypal account is very simple; all you need do is go to the website – www.paypal.com/ng and sign up.
Operating with PayPal you must have an account below are steps to follow to get you started;
- Go to www.paypal.com and click Sign Up.
- Select Sign Up for a Personal Account.
- Enter your country, email address, and password.
- Enter your other personal details.
- Link your credit card to PayPal (optional).
- Link your bank account to PayPal (optional).
- Verify your email address with PayPal.
How PayPal works
if for example, you transfer says $20 to anyone abroad, you will be debited in Naira at the applicable exchange rate and alerted by your local bank.
Disadvantages of using a PayPal account
Whatever has advantages has a disadvantage, below are the challenges of a Paypal account
- High chargeback fees.
- Higher fees than a typical merchant (credit card processing) account.
- Account suspension for terms and conditions (T&C) violations that can freeze your funds for months.
- May take 2 business days to get your money.
- Customer service can be hard to reach.
How to Transfer Money using the Paypal App
Transferring money with the PayPal app is very easy with the following steps below;
- Open the PayPal app and sign in.
- Tap Send.
- Enter or select a recipient.
- Enter the amount.
- Tap Next.
- Select a payment type.
- Select a payment method and tap Next.
- Review and tap Send Now
Recommendation
- GTBank Car Loan: How to Get a Car Loan From GTBank
- Federal Student Financing | Government Loans in Nigeria
- How to Get Car Loans for Uber Drivers in Nigeria 2022
- First Bank Automobile Loan, Features, And Requirements
- Best Loan App in USA – Top 8 Mobile Apps to Loan Money in USA
- Bank of Africa Loan: Apply for Groupe Bank of Africa Loan
- Best Loan Apps in Nigeria with low Interest Rate – Get Access
- Rocket Mortgage & Rocket Loans: Apply For A Mortgage Online
- www.smedan.gov.ng | SMEDAN Online Registration Portal for FG Grant/Loan
- Accion $5,000 AgriBusiness Loan Application Form – Apply Here
- Salvage Africa Business Grant/Loan Application for N2 Million
- How to Apply for 500k Or N3M FirstGem Loan Fund Scheme – Apply Here
How to be updated regularly
Kindly subscribe to the site using your Email address for more updates for FREE
- Subscribe to the site www.joecrackconcept.com using your Email address. Subscription is totally FREE
- LIKE our Facebook page for direct updates
- FOLLOW our Twitter News Handle for updates
- In case of any issue or challenge or questions, Click Here