Wednesday, November 6, 2013

How to receive PayPal payments in Kenya



Many Kenyans were very happy to know that PayPal now pays to Kenya. You can withdraw your money to a local bank without running the risk of your account being disabled or losing your money to fraudulent money exchangers. Equity bank delivered another first becoming the first bank in Kenya and the second in Africa to allow PayPal payments. The bank estimates that there are at least 100, 000 PayPal users in Kenya currently. Honestly I did not know that there are so many Kenyans dealing with online financial transactions. Very impressive.

You may also have heard about Nation Hela. It is a Visa debit card that allows you to withdraw your money from PayPal and use it for shopping or withdraw from Visa branded ATMs countrywide. The money in your card will be held by the Diamond Trust Bank. Considering the Nation claims to deliver the truth and have been trustworthy all these years, you can trust them to deliver your dollar. You can sign up for your Nation Hela card from Diamond Trust Bank branches all over Kenya.

These two services have made life very simple for the many freelancers, online entrepreneurs and many other people who may want to receive payments from abroad. Kenya is slowly becoming digital in many ways and I am happy these companies are ready to help our fellow citizens receive their hard earned cash in a trustworthy way.  The only problem I have with these services is that they do not provide real time payments like Payoneer. Your money will take 2-5 days to arrive. Sometimes money may be held for up to 8 days.

If you have never heard about Payoneer, they are an American company that is making global payments easy. You can receive money not just from PayPal but Skrill (Moneybookers), Apple, Amazon, Odesk, Freelancer as well as a host of other U.S. companies. If you are serious about making money online then you need to sign up for the card and the U.S. payment service because you are going to use it at some point. That is for sure.

Withdrawing money from your favorite freelancing site is easy and takes minutes. Paying $2 dollars is way much better than the money banks around here charge for wire transfer. Last time I was charged a whooping Ksh. 600 to withdraw a little over Kshs. 2000. Unlike bank wire transfer which take days, Payoneer pays you immediately. In a few minutes you can be shopping with your card or withdraw your money from Mastercard branded ATMs countrywide.

Payoneer has simply changed the way I get my money from majuu. Now I know that I can spent the money I have just been paid because I can withdraw it immediately. I can also pay so many other card-holders using my card. This makes making money online so easy for me. With the card you can operate a virtual U.S. bank account and get paid just like someone from the U.S.

You can sign up for the card here or take some time to learnmore about the Payoneer debit Mastercard. Simply put, I have found no easier way to withdraw money from Paypal or get paid internationally.

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