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In today’s world, digital finance has made sending and receiving money across the globe fast and convenient. One of the most popular platforms, PayPal, is now integrated with M-Pesa, making it seamless for Kenyans to withdraw PayPal funds directly to their M-Pesa accounts.
This service is powered by TransferTo in partnership with PayPal and Safaricom, offering a reliable way to transfer money. If you’re wondering how to get started, this guide will walk you through linking your accounts, withdrawing funds, and even topping up your PayPal account using M-Pesa.
Before you can link your accounts, ensure the following:
If all these boxes are ticked, you’re good to go!
Linking your PayPal to M-Pesa is simple and only takes a few minutes. Just follow these steps:
That’s it! Your PayPal is now linked to your M-Pesa account.
Pro Tip: Ensure the names on both accounts are identical to avoid linking issues.
Once your accounts are linked, withdrawing funds from PayPal to M-Pesa is straightforward. Here’s how:
You’ll receive your money in minutes to three days, depending on the withdrawal amount. Transfers above $700 may take up to three days.
Note: PayPal charges a 3% conversion fee, and your M-Pesa account can hold a maximum of Ksh 300,000. Keep this in mind during withdrawals.
Need to make payments with PayPal? Here’s how you can load funds from your M-Pesa wallet:
Your PayPal account will be topped up within minutes, though it may sometimes take up to 4 hours.
While using PayPal for international money transfers can be costly, this integration with M-Pesa offers unparalleled convenience for Kenyans. If you’re looking for cheaper alternatives, consider using platforms like Monito’s real-time comparison engine to explore your options.
With this guide, you’re now equipped to enjoy the benefits of PayPal and M-Pesa integration. Whether it’s withdrawing funds, topping up your PayPal, or making global payments, managing your money has never been easier!
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