Hello and welcome,we are going to have a brief look at PayPal to Mpesa in Kenya, who uses it, why and what the PayPal to Mpesa service is.
What is PayPal?
PayPal is a payment processing platform operating in over 100 countries in the world. With PayPal you can send and receive money instantly from all over the world. Before you can use it though, you have to sign up for an account, verify a few details and you are all set.
Who uses it?
PayPal has a lot of users about 200 million according to their site, it’s used by buyers and sellers worldwide but primarily in Kenya, online freelancers are the major users of the platform. Others are people paying for online subscriptions i.e. Facebook ads. Freelancers working online get paid mostly with PayPal to Mpesa because it’s fast and requires far less operations to get funds.
Also most of the online working sites support PayPal as a payment option.
What is the PayPal to Mpesa service?
Like we explained above, a lot of online freelancers get paid using the platform and as such a faster and convenient way was needed for us to withdraw our earned monies. There are a few different ways to get your PayPal cash in Kenya i.e. Equity Bank, Payoneer MasterCard and using an Mpesa merchant. Each of these options has its pros and cons, that’s a discussion for another day. PayPal to Mpesa in Kenya is more suitable to individuals who want to receive their cash instantly rather than waiting a couple of days as in the other 2 methods.
Check out our Paypal to Mpesa Calculator here…