PayPal Rwanda

PayPal Rwanda Signup, Receive and Withdraw Process

How to receive money on paypal in Rwanda

PayPal is the most efficient, fast online option when it comes to receiving payments online in Rwanda though it has its disadvantages just as any method has good and bad reasons.
A normal PayPal account in Rwanda is set up in the usual way of signing up on paypal.com/rw though such an account can not receive but can be used to send payments only since Rwanda is among the restricted countries (partially banned countries).

To receive money on PayPal from friends and family, games Apps, survey sites, freelancing sites, etc , your Rwandan PayPal account has to be setup differently and on this page we will discuss about how you can get this account which can receive in Rwanda, get to know the requirements and how to withdraw to MoMo Rwanda ,Airtel or to Banks, learn how to get a verified PayPal account in Rwanda , virtual cards, etc

I assume if your reading this page your interested in using PayPal to receive or send payments, or want to learn how PayPal works and other related PayPal issues, so sit tight and u wont regret reading this 5-10 minute mind opening information we have compiled for you here

Personal account:

Personal  Rwanda PayPal account is  designed for those who who want to use PayPal primarily for personal reasons such as  online shopping, paying for a software online, buying tickets, paying for a subscription on a website  or to send money to friends and family.

PayPal in Rwanda

Yes, PayPal is available in Rwanda, but there are some restrictions.
Rwandans can use PayPal to pay for online purchases as well as to receive payments for goods and services.
They cannot, however, transfer funds from their PayPal account to a local bank account or credit/debit card.
This means that any funds received in a Rwandan PayPal account can only be spent online or transferred to other PayPal users.
Furthermore, due to the limited withdrawal options, some merchants may refuse PayPal payments from Rwandan accounts.

Creating a PayPal Account in Rwanda

Creating a virtual PayPal Account in Rwanda

This virtual PayPal Rwanda account helps you to be receiving PayPal from friends and family, PayPal donations, Payments from game Apps and survey Apps, etc

Incase you want to receive from PayPal in Rwanda, you need to have such an account because the normal Rwanda PayPal account cant receive, this is like the way around for Rwandans who want to receive money on Paypal.

Virtual PayPal account is a PayPal.com account, setup without bank details using a different PayPal supported country  from that of the account holder and with ability to receive funds. The account is created in names of the account holder ID, phone number making it legal since details sued are genuine.

Rwanda Virtual PayPal account can still have bank Card but better if card is to be linked in your PayPal is virtual like, Airtel virtual MasterCard or mtn virtual Card for reasons of verifying the PayPal account. This can only be used for verifying or sending purposes but not withdraw to bank purposes since these virtual cards in Rwanda can only send payments.

There is an  advanced possibility of your virtual PayPal account in Rwanda receiving directly to Bank if you own a  passport not National ID.  The setup for such an account requires extra documents to be sent to PayPal but possible, contact us for more about this

How to create the account, and the requirements?

Creating a virtual PayPal account is setup by us most cases because it involves compiling some documents to be sent to PayPal, its easy to setup PayPal of USA, UK etc but hard to gain documents needed by PayPal. Using other countries on PayPal comes at a cost of doing documents also, so make sure the  person setting up the virtual account for you has capability to do the paper work required by PayPal

For this reason we charge a small fee to facilitate in documents required by PayPal , PayPal is free but documents are made at a fee.

Requirements:
1. You will send us ID/ driving permit or Passport photo
2. Email address
3. Your telephone number

4. Setup Fee (Between $30 to $60) depending on if you want a verified PayPal account or not or Advanced virtual PayPal.

The virtual PayPal account usually has no bank card details linked to it but  can be verified by entering a virtual card. The  only limitation you have is you cant withdraw directly to your bank account since most cases the users of such accounts are from countries restricted from receiving, so when it comes to withdraw, you have to use third party websites to help you withdraw to your mobile money number or bank account.

Just as a normal PayPal account, you cannot use it for crime, if this is your intention, PayPal will find out and freeze your account, same rules apply just as to a normal PayPal account.

This PayPal account can be setup for a business account, Organization account, church or in your personal names.

Sending money from PayPal to Rwanda?

How you can receive money on PayPal in Rwanda 2023

To receive money on PayPal in Rwanda in 2023, follow these steps:

1. Log in to your PayPal account.
2. Click on the “Request Money” button located under the “Tools” tab.
3. Enter the email address of the person who is sending you money and the amount you are requesting.
4. Click on the “Continue” button to review your request.
5. Add a note to your request if necessary and click on the “Request Money” button to send the request.
6. The person you requested the money from will receive an email with a link to pay the requested amount. Once they click on the link, they will be redirected to their PayPal account to complete the payment.
7. Once the payment is completed, you will receive a notification from PayPal that the money has been credited to your account.

Note that there are some limitations on the services available to Rwandan PayPal users. You cannot use your PayPal account to withdraw money to your Rwandan bank account or card. You can only use your PayPal balance to make purchases or receive payments. Additionally, some types of transactions may be restricted or subject to additional fees.

Can I use PayPal without a bank account?

No, you cannot use PayPal without a bank account or a credit/debit card linked to your account. PayPal requires users to have a payment method on file to be able to send or receive payments. This is to ensure that there is a way to transfer funds in and out of your account.

When you sign up for a PayPal account, you will be prompted to link a bank account or a credit/debit card to your account. You can choose which payment method you want to use as your primary method for making payments and receiving funds. Once you have linked a payment method to your PayPal account, you can start using the platform to send and receive payments.

Note that if you choose to link a credit/debit card instead of a bank account, you may incur additional fees for certain transactions. Additionally, some countries may have restrictions on the types of payment methods that can be linked to a PayPal account, so it’s always best to check with PayPal’s customer service team or the terms and conditions of your specific country.

However,Virtual PayPal accounts dont have Bank accounts or ATM cards linked. Thats why we call them virtual paypal accounts

Getting a paypal account using Rwanda banks like Bank of Kigali, Access Bank Rwanda , Banque Rwandaise de Développement (BRD)?

Benefits and Disadvantages of using a PayPal account

PayPal is a fast, secure way to pay online. We help you make purchases at millions of online stores in the U.S. and across more than 200 global markets – all without the hassle of converting currency.

1. You can use PayPal to receive payments from several Apps like Game Apps, survey websites and Apps, Tiktok, YouTube channel payments, you can use your PayPal account to cashout money from crowdfunding platforms like gogetfunding and others
2. You can receive donations from anywhere in the world by using PayPal donation links. People can donate you money using there cards or PayPal funds . You can even receive donations for personal use without an NGO which is not possible on other platforms
3. PayPal can be integrated on your website to make it quick for people to pay you
4. PayPal doesn’t maintenance fees, u can set it up for free
5. You can use your PayPal account on all websites supported by paypal like behance, ebay, shopify and other online stores
6. PayPal has over 400 Million users, you get a chance to access one of the world’s largest networks of givers.

While PayPal has many advantages, there are some drawbacks to using the service.
Here are some of the major disadvantages:

1. Fees: Certain transactions, such as receiving payments, sending payments, and currency conversions, are charged by PayPal.
   These fees can add up over time, especially if you use the service frequently.
2. Concerns about security: Over the years, PayPal has been the target of numerous hacking attempts and scams, raising questions about the platform’s security.
   While PayPal has taken steps to improve security, using the service still carries some risk.
3. Limited seller protections: While PayPal offers some protections for buyers, it is less generous when it comes to protecting sellers. This means that if you are a seller on PayPal, you may be at risk of chargebacks or disputes that can result in lost revenue.
4. Account freezes: PayPal has been known to freeze user accounts for a variety of reasons, including suspected fraud or terms of service violations.
   This can be a significant annoyance, especially if you rely on PayPal for your business or personal finances.
5. Customer service: Some users have reported having difficulty contacting PayPal customer service or resolving issues quickly.
   This can be aggravating if you have a problem with the service and require assistance.

Overall, while PayPal is a popular and convenient payment platform, it is critical to weigh the potential drawbacks against the benefits before deciding whether or not to use the service.

What Are the Alternatives to PayPal Rwanda?

Withdrawing money from Paypal in Rwanda?