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How To Open A PayPal Account In Nigeria 2023


Jan 29, 2024
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Opening a PayPal account becomes necessary and urgent in Nigeria as many online retails and online shopping only accept a PayPal as the only means of Payment.

As ou all know it, PayPal is world number one money transfer platform, which you can use to transfer and receive money online as well as making orders and online purchase.  online excel invoice template free, Also, PayPal doesn’t share your full financial information with sellers. And PayPal Buyer Protection covers your eligible purchases if they don’t show up or match their description.

On this post, we will guild and teach you how to open and use a PayPal account in Nigeria.

For some time, PayPal had basically shut Nigeria out due to internet-related fraud. As fraud detection techniques improved as well as Nigeria’s nation being the largest economy in Africa, PayPal has now lifted restrictions on Nigeria.

How To Open A PayPal Account In Nigeria

Owning a PayPal account is quite simple and you can do that in two ways.

#1 From PayPal Website;

  1. Firstly log on to
  2. Click on signup, select Personal / Business
  3. Personal will be for your personal debit card and business for your company debit card (if you have one). In this case I suggest you click personal.
  4. After selecting Personal click continue…you should see “Nigeria” in the drop down area, your email address and password.
  5. Fill in your email address.
  6. Type in your password and make sure it is one you can remember
  7. Go to the next page and type other details such as names, date of birth, address and phone number.
  8. Also when filling in your address make sure that it matches the same address details you filled when you opened a bank account
  9. It will then take you to a page where you fill in your debit card details
  10. Fill in your credit card numbers and other details such as, expiry date and the last 3 digits behind your debit card.
  11. Go to your email account and click on verify
  12. Voila!! Your account is setup
  13. Test it by sending $10 to anyone or to your PayPal account abroad (if you have one)
  14. You get debited in Naira and you should get an alert from your local bank

#2 Using a Wallet

First Bank offer this option through their exclusive deal with PayPal. How does this work?

  1. Simply login to your internet banking account using your password and token
  2. Choose the “PayPal wallet” in the main tab and click “Create PayPal Wallet” on the drop down menu
  3. Select which cards you wish to link to your PayPal account and which card will be the default card. Try using one card for easy reconciliation
  4. Press the button on your online token and confirm accordingly
  5. Create a password in the pop up window that appears
  6. Click on “agree and create account”.
  7. Go to your registered email account with the bank which confirms that you have created a PayPal account

Note, you can also performed the above steps and opened a PayPal account using Zenith Bank master card so it is pretty simple. To test it, use the new PayPal account linked to your Zenith Master Card and transfer money ($10) to another PayPal account if you have any. If it was properly set up, your account will be debited according to current exchange rate. so don’t expect the Bank to use the official rate. This of course is due to the currency crisis Nigeria is currently experiencing.

It is also important to note that restrictions still apply on your transfers as such you may not be able to transfer more than $500 at a time.

Thanks for Reading, don’t hesitate to ask your questions via the comment section.

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