How to use PayPal in Pakistan | Verified Paypal account in Pakistan

How to use PayPal in Pakistan | Verified Paypal account in Pakistan 

History of PayPal

In 2019, one American company which remained in limelight in Pakistan was PayPal. PayPal declined the Pakistani Government offer to initiate its services in Pakistan.

The question is why the Pakistani Government wants PayPal to start its services in Pakistan. To find the answer to that question you can look at some of the stats related to freelancers and SMEs (small and medium).

Pakistan is the fourth largest freelancer community in the world. According to an estimate of Payoneer, Pakistani freelance community bring about $1 billion to Pakistan via other sources.

According to one estimate Pakistan has around 200,000 freelancers and over 7,000 registered SMEs (small and medium). If you look at stats you will see that a lot of people can use the services of PayPal.

What is PayPal?

PayPal is an American company which provide online payments system to people worldwide. PayPal enables you to pay, send money and accept payments online. PayPal charges a fee in exchange for their services like one-click transactions and password memory.

PayPal is one of the most secure and fastest ways to send and receive money online. PayPal provides its services in 202 markets and it has 286 million active, registered accounts. You can send, receive and hold funds in 25 currencies worldwide if you have a PayPal account.  

PayPal was established in December 1998 as Confinity. In March 2000 Confinity was merged with X.com. Elon Musk founded X.com which later changed its name to PayPal in 2001. You can use PayPal on your smartphone. PayPal app is available both in android and IOS.

Benefits of Using PayPal

PayPal is a simple and fast way to send, receive money and buy things online. On many websites, you will see PayPal as the preferred method of payment. There are several benefits of PayPal and some of it is given below:

· Flexibility for Sellers

PayPal enables sellers to accept payments from buyers quickly and easily. 

· Speed

PayPal allows its members to make an instant transfer of money. PayPal members can transfer money from PayPal accounts to bank accounts in less than 24 hours.

· Affordability

PayPal transaction fee is also low and affordable for many people. The fee to use PayPal is 30 cents per transaction, plus 3% of the total amount of the transaction.

· Safe Buying

PayPal members offer guarantees to buyers and sellers as well. They have a process for disputed transactions so a buyer won’t have to worry when they did not get what they have ordered.

· Account Privacy

PayPal gives users protection and provides a much better level of account protection as compared to competitors. 

· Ease of Record Keeping

PayPal members can easily keep track of all the transactions.

· Acceptance Online

Most e-commerce website uses PayPal as their payment method. So members of PayPal can easily shop on these websites.

If you guys reading this post, I am directing towards you, many of you guys know about PayPal and even though know the importance of PayPal account for us, especially the young people or the online workers, they exactly know how they use PayPal and how it is exactly to them. 

People who work online require having a PayPal account because it is now the most convenient way of transferring funds from one person to another globally but unfortunately the bad thing goes upon some countries where one cannot use this service because it is banned there, in list of those country Pakistan is also included.

People who work online from Pakistan are in very hard need of PayPal account because as they are earning online they need to withdraw money from the client but how they can? When the client has only the way to transfer fund is PayPal, so readers today our article is all about how we can Use PayPal in Pakistan or you can say in any country where it is banned.

Steps to Get PayPal Account Approved

• You have to get a Bank account not the Bank accounts in your country but an online bank account which receives US payment; PayPal is a US payment mode. Payoneer is the only online bank which accepts US payment, you have to sign up for the Payoneer Card just to get PayPal activated and use fully, Follow the link to Get your Payoneer Card: Payoneer Card Signup                                                          
• Register yourself with all true and accurate information about you to get your Payoneer Debit/ATM card on your Door steps.                                                              
• After Registering and confirming your Activation you will get an email from Payoneer Support with your Bank account information and other details keep them save which will help in activating PayPal.                                                                                                                       
• Now Signup for PayPal, now here what you have to do is signup with an fake information but with Real name, you can find fake Information from here: fakenamegenerator.com

Make sure you provide everything fake except your Name.

• After signing up go for the Activation now fill the information of Bank account in to PayPal that you got from Payoneer and verify PayPal.                                                         
• Now wait for 2 days according to PayPal they will send two transaction to your Payoneer account for confirmation and you PayPal account will be activated in no time after the transaction.                                                                                      
• Now you have successfully activated your PayPal Account and now you can use it to send and receive your Income or Pocket Money.