Centenary Bank is one of the leading commercial banks in Uganda, known for its strong focus on serving both urban and rural communities. Established in 1983, the bank has grown to become a significant player in Uganda’s banking sector, offering a wide range of financial services to individuals and businesses. Centenary Bank is known for its commitment to financial inclusion and has a strong reputation for providing accessible banking services across the country.
Centenary Bank’s Visa debit card works seamlessly with PayPal for sending payments in Uganda, allowing users to access a wide range of online transactions. However, receiving money from PayPal using Centenary Bank remains a challenge due to PayPal’s limited “send-only” functionality in Uganda. To receive payments, you will need to ensure your PayPal account is set up with the “Pay and Get Paid“ feature, or consider alternative solutions for withdrawing funds from PayPal.
One of the key features of Centenary Bank is its Visa debit card, which allows customers to make online purchases, withdraw cash from ATMs, and conduct various electronic transactions. This card is also compatible with international payment systems, including PayPal, making it possible for users to link their Centenary Bank Visa card to their PayPal account for sending payments.
Linking Centenary Bank Visa Card to PayPal for Sending Payments
If you have a Centenary Bank Visa debit card, you can easily link it to your PayPal account to facilitate online payments. This process allows you to make purchases on e-commerce platforms, subscribe to online services, or send money abroad using PayPal’s secure platform.
To link your Centenary Bank Visa card to PayPal:
- Log in to your PayPal account or create one if you don’t have an account yet.
- Navigate to the “Wallet” section on PayPal.
- Select “Link a Card” and enter your Centenary Bank Visa card details (card number, expiry date, and CVV).
- Once verified, your card will be linked to PayPal, and you can use it for payments.
This process allows you to make payments using the funds from your Centenary Bank account or through any balance on the card. Many Ugandans find this feature useful for online shopping, paying for subscriptions, and sending money internationally.
Does PayPal Work with Centenary Bank in Uganda?
Yes, PayPal works with Centenary Bank in Uganda. You can link your Centenary Bank Visa debit card to your PayPal account and use it to send payments for various transactions, both locally and internationally. This is one of the main advantages of having a Centenary Bank Visa card—it provides access to PayPal’s global network for sending money and paying for goods and services online.
However, it’s important to note that while you can use your Centenary Bank card to send payments through PayPal, receiving money from PayPal is not possible
Receiving Payments from PayPal
To receive funds from PayPal in Uganda, your PayPal account needs to be set up with the “Pay and Get Paid” feature. This feature allows you to not only send money but also receive payments from clients, customers, or friends.
Unfortunately, in Uganda, PayPal accounts are generally set up to only send payments. This limitation is due to PayPal’s global policies and local banking regulations, which have not fully supported the withdrawal of PayPal funds to Ugandan banks, including Centenary Bank. To unlock the “Pay and Get Paid” feature, users often need to explore alternative options such as linking their PayPal account to a foreign bank or using third-party virtual cards and services which provide some workaround solutions.
While Centenary Bank’s Visa card can be linked to PayPal for sending payments, receiving money requires a PayPal account that supports both payments and withdrawals. Without this, you’ll be limited to sending money only.
