Apart from the ban on cryptocurrency by CBN, Paypal is another international payment option that is restricted in Nigeria but due to its restrictions, most people don’t know how to receive money using Paypal in Nigeria.
What is Paypal?
Paypal is an international payment platform that allows users to send or receive funds.
It makes use of registered email addresses to send and receive money. In a simple term, all you need to receive funds is your registered email address.
Paypal began operation in 1998 and since then has provided payment solutions.
As much as this is a better option for receiving money in Nigeria, it is not fully functional in nigeria.
You can only send money, you cannot receive money.
How to receive money using Paypal with Kumo wallet
Kumo offers seamless payment solutions across the globe which includes receiving money via paypal in Nigeria.
Follow this guide on how to receive money using Paypal with your kumo wallet.
Log in to your Kumo wallet or download Kumo wallet from App store or Play Store
From your dashboard, click on fund
Select Paypal
Enter the expected amount in Naira and click on continue
Copy the email address provided.
Click on save and send your paypal fund to the address and message 07086337628 with transaction receipts for verification.
Also, send your transaction receipts to support@kumo.africa
Upon release of funds by paypal, your kumo wallet will be credited.
You can withdraw your funds into your bank account or perform any other transaction such as buying cryptocurrency, paying your utility bills among others.
About Kumo
Kumo, registered as Kumo Technologies Inc in Delaware, U.S. is a fiat and crypto social payment app which allows users to exchange fiat (NGN) to crypto, save and earn interest in dollar with as low as $5, utility payment such as DSTV subscription, airtime, data among others.
Kumo wallet is your all-in-one social payment app for seamless payment solutions.
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[…] The last option is to fund your kumo wallet with paypal funds. Click here to read how to fund your Kumo wallet with Paypal. […]