If there is one thing that is so frustrating is the fact that Nigerians with PayPal accounts cannot receive payments into their account. Just like someone rightly said; PayPal allows Nigerians to send money with their account but cannot receive payments. It is so disappointing and unfair to Nigerians because this problem is costing a lot of Nigerian online merchants the opportunity of making money online, by the way legitimately, because these other people are seeing every Nigerian as a scam.
There is a way around how to receive money with PayPal in Nigeria and trust Nigerians they always find a way out that is why we are also seen as the most resilient people in the world.
Open a Payoneer account
Just in case you don’t know what a Payoneer is all about: Payoneer is an online electronic payment processing firm like PayPal, with Payoneer, you can receive payment easily and the registration is free as well. Payoneer is a fine alternative to PayPal because there is no restriction like PayPal which does not allow Nigerians to receive and withdraw money. Is just that most of the online firms we do business with choose PayPal as the mode of payment otherwise I would not bother using PayPal. Amazon is one of the online firms you can use Payoneer to receive fund from.
Once you register you will be able to get a free MasterCard that will be sent to you which you can also use to withdraw money from our local ATM directly from your Payoneer Account or you can choose to transfer the money to your local bank account but you won’t be able to do all that until you have received your Payoneer MasterCard.
I must give a shout out to all Nigerians that are trying to survive legitimately out there despite the odds or limitations being created for us.
Ask for a virtual U.S account details
When you have registered and have gotten your master card (it takes about a month to have your Payoneer MasterCard shipped to you), you can request for a virtual U.S bank account because the MasterCard automatically provides a U.S bank account for you. So, you can use the bank of America account to open a PayPal account. However, for the virtual account to be released to you I think there is a token you must pay; actually, they will deduct it from your Payoneer account.
Once you have your Payoneer MasterCard and the U.S bank account number, link your Payoneer MasterCard to your bank of America account. If you have an issue doing this you can always contact Payoneer support who will gladly walk you through it.
Open a US PayPal Account
Now that you have registered to Payoneer and your have done all the necessary things as described above you can go ahead to open a U.S PayPal account. Before opening it make sure you sign up to U.S VPN (virtual private network) and let it be open on your system when you are working on your browser so that when you are registering as a U.S person the PayPal system won’t dictate you as a Nigerian because of your Nigerian IP address. Register for a PayPal account and fill in the Payoneer U.S bank account as your bank. After some days PayPal will verify your account and you can use it to receive money from anywhere in the world.
Unfortunately, we Nigerians have to walk extra miles in order to get what we want. When others walk only 2 miles to get what they want we Nigerians have to walk 4 miles. But it is OK because what does not break you can only make you stronger. Nigerians have complained about this restriction to PayPal but the response we can get for now is that they are going to do something about it.
Until 2014 or 2015 before Nigerians can even own a PayPal account that can only send/make payment online, so, soon this will also be a thing of the past. This issue is not only with PayPal but with most reputable online firms that restrict Nigerians and some other 3rd world countries.
If you still have any question, don’t hesitate to ask in the comment box below or you can send me an email using the contact us on the right side of this website.
If you are tired of losing in online business you can sign up to Wealthy Affiliate where you will be taught how to make money online like a professional. But you must also sign up with VPN too because they are restricting Nigerians too. I know, we Nigerians are great people and they know it.