PayPal is an electronic commerce company that facilitates payments between parties through online transfers. PayPal allows customers to establish an account on its platform, which is connected to a user’s credit card or checking account.
PayPal in Botswana is a relatively new thing. Everyone who has ever been on the internet long enough knows about the online payment system giant PayPal. We are here to give your this essential guide on how to use PayPal in Botswana. PayPal is an online system that allows you to shop and pay for things online, and send and receive money, safe and secure. You link your PayPal account to your bank account, credit card, or debit card, and can use PayPal to make purchases online with participating stores.
PayPal has partnered with First National Bank (FNB) in Botswana to allow you to withdraw money from your PayPal account to your Individual or Business FNB bank. You need to follow the steps to verify your PayPal account and your FNB account to be able to withdraw. FNBB charges 1.5% of the US Dollar (USD) amount for exchange per withdrawn transaction.
How does PayPal in Botswana work?
With a verified PayPal account you can receive money when someone sends a payment to your linked email address or mobile phone number. Once that happens, we’ll send you a message letting you know you have money available. You can either keep the funds in your PayPal account or use the available balance to send money to others or to shop online.
Is using PayPal in Botswana safer than debit cards?
Paying through PayPal is safer than just using your debit or credit card. Merchants (as well as hackers, thieves, and anyone else privy to the sale or purchase) see your email address, your PayPal username, and some personal information when you use PayPal, not your account details.
What do I need to receive money?
When using PayPal the person sending money only needs to know the email address or mobile phone number liked to your PayPal Account. When the money is sent, you receive a PayPal email advising you to now can claim that money.
How long does it take to receive money into my PayPal?
If you sent money from your own bank account to your PayPal account, the money will usually be available in a few minutes. If you requested PayPal to take money from your bank account, it will take 5 to 7 working days to show.
How do I link my PayPal to FNB Botswana?
FNB now offers the Withdraw Service with PayPal to its customers in Botswana.
To withdraw funds from PayPal, follow these quick and easy steps:
- Visit the FNB PayPal Services website www.fnbwithdraw.com.
- Click on the “Log in” button.
- Enter PayPal login details.
- Click on the “Withdraw” button.
- Enter OTP.
Which African country can use PayPal?
PayPal in South Africa, Nigeria, Kenya, Ghana, Lesotho, and Mauritius.
What countries does PayPal accept payments from?
PayPal supports registered businesses in all countries EXCEPT:
- The central African Republic.
- Cote D’Ivoire (Ivory Coast)
- Democratic People’s Republic of Korea (North Korea)
- Libya.
- South Sudan.
- Syria.
- Timor-Leste.
- and.
Which bank uses PayPal in Botswana?
First National Bank (FNB)
PayPal has partnered with First National Bank (FNB) in Botswana to allow you to withdraw money from your PayPal account to your Individual or Business FNB bank.