Paypal to Mpesa: Detailed guide of using PayPal to M-PESA
For most freelancers, it is important to easily access your cash to pay bills and cater to your other needs. With challenges associated with linking Paypal to bank accounts, we are glad that you can now transfer funds between Paypal and M-PESA.
After years of wishful thinking and hoping, PayPal to M-Pesa is finally a reality! You can now quickly transfer funds from PayPal to M-pesa with the click of a button!
Don’t have a PayPal account? Sign up here!
To link your existing PayPal account to your Mpesa, you need to sign up. The setup only takes a few minutes for you to withdraw and top up money from PayPal to Mpesa and vice versa.
How PayPal to M-pesa works
You can easily top up your PayPal account from your corresponding Mpesa account. Withdraw from your PayPal to M-PESA wallet to facilitate payments in a few minutes.
There is a small fee that PayPal charges when you make top-ups or withdrawals. There is a 3% conversion fee for withdrawals and a 4% conversion fee for Top Ups.
How do I qualify for Paypal to MPESA?
To qualify to use the PayPal to Mpesa service, you need to have a verified Kenyan PayPal and Mpesa account under your name. After linking these two accounts, you can move money from one account to the other quickly.
How do I top up my PayPal account with MPESA?
If you are ready to top up your PayPal using Mpesa, use the steps below:
1. When you are ready to top up your PayPal account, click Top Up.
2. Input the amount you want to top up in USD, the calculator will show you the equivalent amount in Ksh. That you need to transfer
3. Go to Mpesa Menu on your mobile phone. Select the Lipa Na Mpesa — paybill option.
4. Input the business number: 800088.
5. Input your phone number as the account number.
6. Enter your Mpesa and click ok.
Top-up will take anywhere from a few minutes to four hours to reflect on your PayPal account. The transaction message will be from ‘ Thunes,’ so don’t be surprised when you get the Mpesa message.
In case of any problems, you can reach out to PayPal’s support for assistance.
How to Withdraw Money from PayPal to M-Pesa
If you need to send money from your PayPal account to your Mpesa account, follow the steps below.
1. After setting up, click Withdraw
2. The available amount on your PayPal account will be displayed. This is the only amount you can withdraw.
3. Enter the amount you wish to withdraw, and you will be directed to a page with the amount in ksh.
4. Confirm the amount and complete the withdrawal process to access the funds.
Conclusion
These transactions can take between two hours to three days to complete. The amount will be transferred from your PayPal account to your Mpesa account.
To quickly access the PayPal Mobile Money Service with Mpesa, you need to be using the following browsers: Chrome, Internet Explorer and Firefox.
Want to withdraw money or top up your PayPal account with Mpesa? Follow the tips above to get you started right away!
Comment down below if these tips were helpful for you!