
For many years, customers had to wait for days before receiving money from PayPal because using a bank was the only option. Luckily, a collaboration between Safaricom and PayPal has changed all of that. Now you can do it in a few minutes using your phone.
PayPal to M-Pesa service is now available. The withdrawal amount in USD is converted to KES automatically using the current exchange rate, and a withdrawal commission is applied. Funds take 2 hours to 3days to reflect on your M-Pesa account depending on the value of the transaction.
However, for you to use this service, you must have a PayPal account. To register for PayPal visit www.paypal.com
After you have a Paypal account, visit www.m-pesapaypal.com to link with your M-Pesa account.
How do I transfer money from PayPal to M-Pesa Kenya?
PayPal’s Withdraw Service allows you to transfer funds from your PayPal account to your linked qualifying M-PESA account.
- Select Withdraw from your PayPal account. (Your current balance will be displayed). Please remember that you can only withdraw up to the available USD balance in your PayPal account.
- Secondly, enter the amount of money you want to withdraw from your PayPal account in US Dollars and press the withdraw button.
- Once you press the withdraw button, you will be redirected to a page that displays the amount to be received in Ksh, the currency conversion rate, and an estimate of the transaction processing time.
- Lastly, to confirm and complete the Withdraw Transaction, click Confirm.
READ ALSO;KCB International money transfer services
M-Pesa to PayPal/ paypal mpesa pay bill number
You can top-up funds from your M-PESA account to your linked PayPal account to shop online or make payments with PayPal using the PayPal top-up service.
- Go to the M-PESA PayPal website (link) and choose Top Up funds.
- Enter the amount to be topped up in USD. Then click calculate to get the equivalent converted amount in Kenyan shillings to be transferred from your M-PESA account to your PayPal account. (The current exchange rate will be shown on the same page.)
- Head to the M-Pesa Menu, select Lipa Na M-Pesa, and then, Pay Bill
- Enter Business number 800088
- The Account number to enter is your Phone number
- Next, enter the Amount in Ksh and
- Lastly, enter your M-Pesa pin/password and send
PayPal to mpesa charges
- The withdrawal fee is 3% of the amount converted from USD to Ksh
- Top up – 4% of the amount you send to your PayPal account
- All other transactions are subject to standard M-PESA fees
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