Do you really need to deposit money to PayPal? If you are a freelancer in Kenya, you most likely have a PayPal account which you use to send and receive payments. Have you ever wanted to buy something and pay with PayPal but you don’t have funds in your account? In this post, we will look at the simple way in which you can “deposit” money to your PayPal account and pay for different things online.
Deposit to PayPal Myths
There are so many people who will charge you to transfer funds to your PayPal account. They offer “attractive” commissions with extra high dollar rates for anyone wanting to deposit money to PayPal. It is funny that many uninformed Kenyans with verified PayPal accounts end up paying these guys to make this unnecessary transfer. Of course there are those who simply ask their freelancer friends to send some cash to their PayPal accounts in return for Kenya Shillings.
The Truth on How To Deposit to PayPal
As long as your PayPal account is verified, there is no need for you to deposit anything to buy online. You can use it to purely receive cash. You can then withdraw money from PayPal in Kenya using either ePay or Payoneer’s US Payment Service.
The Details on How to Deposit Money to Paypal
Any verified PayPal account is linked to a debit/credit card. Therefore, the first step is to create a PayPal account and make sure you get it verified. After verification, you can buy whatever you want online without having to deposit money to PayPal. What you need to do is to simply go to your bank and ask for permanent or temporary online access. This is absolutely free in all Kenyan banks with Visa cards. Note that if you ask for temporary access, you’ll have to keep going back to ask for access again so I recommend permanent access. In case you have security concerns, use this particular bank account for online transactions only and use other accounts for your personal finance.
After you have the online access and want to buy an item, make sure you have the cash in your Kenyan bank account. Even if you have $0 in PayPal and you buy an item, PayPal will automatically withdraw the cash from the linked Kenyan bank account at the current rates and pay for the stuff you buy. You’ll never again have to call or pay someone to deposit money to your PayPal account.
This method does not only work for people who want to deposit to PayPal. Once your local account has online access, you can pay for stuff using your Visa Card direct. Just enter your debit card details in the relevant fields and you’re done. In short, you don’t necessarily need PayPal to buy stuff online, you can buy stuff directly using your card.
Before spending a cent with brokers, make sure you get all the information you need. Many people in Kenya have been conned in the name of brokers who state that they can help them deposit money to PayPal.