Connecting PayPal directly to mobile money services might not be universally available in most countries. However, PayPal has been working on partnerships and integrations to facilitate easier access for users, especially in regions where mobile money is a prevalent form of financial transactions.
In the developed countries, mobile money is not that so much used as its the case in Africa and when we talk about connecting Paypal to mobile money, this is only possible in African countries as we are going to discover.
Mobile money In Africa
According to https://www.statista.com website, Mobile money has become big business for telecommunication providers in Africa. Approximately 144 mobile money providers operate in Sub-Saharan Africa, with two companies such as, M-Pesa, MoMo and Orange Money accounting for a significant share of the market.
M-Pesa, managed by Vodafone and Safaricom and operating in seven countries, has seen significant growth in recent years. The service attracted an additional 12 million users from 2017 to 2020, reaching 41.5 million users by 2020. M-Pesa users made 12.2 billion transactions in 2020, generating 784.36 million U.S. dollars in revenue for parent company Safaricom. MoMo – MTN Group’s mobile money offering – has enjoyed similar growth, reaching 35.1 million active customers in March 2020.
Its no wonder Paypal connected with safaricom Kenya to made it possible to Link PayPal to Mobile money(Mpesa) Kenya via https://www.paypal-mobilemoney.com/m-pesa
Kenya is the only country in East Africa and in Africa where Paypal links to Mobile money directly, the rest of the African countries do withdraw via Banks or use of third party Apps or individuals to withdraw to mobile money.
For options on how to withdraw money from Paypal, Click here
NIGERIA SITUATION – How to link mobile money to paypal
In Nigeria, Flutterwave used to be a preferred method for many to receive payments via Paypal. However, Paypal has imposed restrictions on this service. Currently, only merchants from specific African countries, including Kenya, South Africa, Egypt, Morocco, Mauritius, Malawi, Mozambique, and Senegal, are able to receive payments through Paypal.
For more detailed information on this matter, you can refer to the Flutterwave webpage: https://flutterwave.com/tz/support/payment-methods/paypal-flutterwave-integration-faqs.
UGANDA SITUATION – How to link mobile money to PayPal
In Uganda, the direct connection between PayPal and Mobile Money services such as MTN Mobile Money and Airtel Mobile Money is not available. Instead, Ugandans commonly use third-party services to facilitate the exchange of PayPal funds for Mobile Money or cash. The process involves contacting individuals or companies specializing in PayPal withdrawals to Mobile Money transactions.
Each service provider in Uganda may have different rates and specific instructions for the transaction process. Generally, the method involves users resending money to the service provider, who then transfers the equivalent amount to the user’s Mobile Money account. Rates for these transactions can vary between different individuals or companies offering such services.
For those interested in exploring this option in Uganda, it’s recommended to check out the rates and services offered by Webvator at https://paypalcash.webvator.com/.
Similar practices are observed in several other countries, including Rwanda, Ghana, Zambia, Liberia, Algeria, and more. If you are looking for additional options on how to withdraw money from PayPal in various countries, you can find more information by clicking here (Note: The link to “click here” is a placeholder; you may replace it with the actual hyperlink to the relevant resource). Always exercise caution and verify the legitimacy of the service providers you choose for such transactions.
Note: According to the PayPal website, only Botswana, Egypt, Kenya, Lesotho, Malawi, Mauritius, Morocco, Mozambique, Senegal, Seychelles and South Africa could send and receive money to banks, but only Kenya can receive directly to mobile money and Equity Bank
Remember that the availability of specific features can change, and it’s crucial to refer to PayPal’s official documentation or contact their support for the latest and most accurate information
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