How To Create A GTBank Verified Paypal Account In Nigeria

Few days back from time of this post, every Nigerian internet marketer
would kill to have a Paypal account so as to easily run their online
businessesbut that wasn’t possible as a result of Nigeria not listed in
their supported countries, though there are several ways to bypass their
restriction and create a Paypal account in unsupported countries, it still
wasn’t easy managing such accounts.
The good news all came up whenRupert Keeley, the executive in charge
of the EMEA region of PayPal, the payments unit of eBay Inc, said in an
interview on Monday (16th June, 2014) that 10 new countries were going
to make their list of which Nigeria was included.
Paypal has been the world’s major means of Payment on the web, and
bringing their services to Nigeria is one welcome development we have
always been praying for. Though for now, Paypal has not enabled peer-
to-peer transactions in Nigeria, you can only make purchases and not
receive payments with your Nigerian Paypal account.
How To Signup A Nigerian IP Based Paypal Account
Here is a beginners guide to signing up a paypal account from Nigeria.
1. Visit Paypal Nigerian homepage via https://www.paypal.com/ng and
click on Signup at the top right corner of the page.
2. Click on “Open Account” under the “individual” section for a personal
account.
3. Fill in all details and click on “Agree and Create Account“.
Getting Verified Using GT Bank’s Naira
MasterCard
Without verifying your paypal account, you would be placed at a $250
limit. Verifying your paypal account lets you spend as much as you will.
4. A new page would come up with a form to log in your Card details. I
used myGT Bank’s Naira MasterCardto get mine verified.
5. You’ll be redirected to your account’s dashboard. But there are few
things you still need to do. Firstly, you have to activate your paypal
account by clicking the activation link sent to the mail you registered the
account with. Secondly, you need to link and confirm your credit or debit
card. Click on “Link and confirm credit or debit card” or “Get Verified” link
in your account’s dashboard, insert your GTB Mastercard details here
again, then click on “Continue“. You can make use of any Nigerian
bank’s Visa or MasterCard.
6. Paypal would deduct $1.95 from your card which they’ll refund in
24hrs. Now, your bank will alert you via SMS or email with a code which
you’ll use in completing the whole verification process.
Your bank’s SMS alert should read.
Acct:******1234
The Naira equibvalent of USD1.95 has been authorized for the
transaction done on PP*0123CODE 0123456789FF
What you need do is copy the 4 digits before CODE (highlighted in red)
from your mail or SMS alert. That’s what you need to confirm your card.
7. You now have to login once more to your Nigerian Paypal account and
click on “Confirm Card” link which should appear on the right sidebar of
your dashboard. Then type in the four-digits you copied from your bank
alert and click on “Confirm Card” as shown below.
8. You’ll get a success popup if everything was fine and successful.
Image - Script by Abhade Kelvin Morgan
Here is a screenshot of my Nigerian verified Paypal account.
And that’s how easy it is tosignup a Nigerian Paypal accountandget
verified using any debit or credit card. Remember, I made use of my
GTBank MasterCard here and it did work for me.
FAQ about Nigerian Based Paypal Accounts
Ques :D oes Paypal only support the GTB Naira MasterCard In Nigeria?
Ans:No, people also making use of UBA, Zenith, Access and some others
bank’s credit cards have been verified using same procedures in this
tutorial.
Ques:What Credit Card Types are accepted by Paypal?
Ans:Paypal supports Visa, MasterCard, American Express and Discover
Debit or Credit Cards
Ques:How Do I Fund My Nigerian Paypal account to make online
purchases?
Ans:You don’t have to worry about funding your paypal, whenever you
make an online purchase, your linked credit/debit card would be charged.
Ques:Can I make Transfers to other Paypal Accounts?
Ans:No, for now Paypal has not enabled peer-to-peer transactions in
Nigeria.
Ques :D o I need a token device before I can get Verified?
Ans:No, that isn’t necessary
Ques:Can I add My Bank Account to Nigerian Paypal like I did in my US
Paypal?
Ans:No, PayPal doesn’t offer this feature at this
time for Nigerians.
Ques:Can I add more than 1 Debit/Credit Card to my Paypal account?
Ans:Yes
Ques:Can I purchase services from sites like Fiverr, Addynamo, Amazon
with a Nigerian Paypal?
Ans:Yes, it works on all sites that accept Paypal payments.
Now, I’ll be glad to know which card you used in verifying your Nigerian
Paypal account. Share your thoughts using the comment section below,
and please do not forget to share this post with your friends. They might
find it useful. Cheers!