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How To Create A GTBank Verified Paypal Account In Nigeria

Few days back from time of this post, every Nigerian internet marketer would kill to have a Paypal account so as to easily run their online businesses but that wasnโ€™t possible as a result of Nigeria not listed in their supported countries, though there are several ways to bypass their restriction and create a Paypal account in unsupported countries, it still wasnโ€™t easy managing such accounts.
The good news all came up when Rupert Keeley, the executive in charge of the EMEA region of PayPal, the payments unit of eBay Inc, said in an interview on Monday (16th June, 2014) that 10 new countries were going to make their list of which Nigeria was included.
 
 
paypal now in Nigeria
Paypal has been the worldโ€™s major means of Payment on the web, and bringing their services to Nigeria is one welcome development we have always been praying for. Though for now, Paypal has not enabled peer-to-peer transactions in Nigeria, you can only make purchases and not receive payments with your Nigerian Paypal account.

How To Signup A Nigerian IP Based Paypal Account

Here is a beginners guide to signing up a paypal account from Nigeria.
1. Visit Paypal Nigerian homepage viahttps://www.paypal.com/ng/ and click on Signup at the top right corner of the page.
2. Click on โ€œOpen Accountโ€ under the โ€œindividualโ€ section for a personal account.
3. Fill in all details and click on โ€œAgree and Create Accountโ€œ.

Getting Verified Using GT Bankโ€™s Naira MasterCard

Without verifying your paypal account, you would be placed at a $250 limit. Verifying your paypal account lets you spend as much as you will.
4. A new page would come up with a form to log in your Card details. I used my GT Bankโ€™s Naira MasterCard to get mine verified.
5. Youโ€™ll be redirected to your accountโ€™s dashboard. But there are few things you still need to do. Firstly, you have to activate your paypal account by clicking the activation link sent to the mail you registered the account with. Secondly, you need to link and confirm your credit or debit card. Click on โ€œLink and confirm credit or debit cardโ€ or โ€œGet Verifiedโ€ link in your accountโ€™s dashboard, insert your GTB Mastercard details here again, then click on โ€œContinueโ€œ. You can make use of any Nigerian bankโ€™s Visa or MasterCard.
6. Paypal would deduct $1.95 from your card which theyโ€™ll refund in 24hrs. Now, your bank will alert you via SMS or email with a code which youโ€™ll use in completing the whole verification process.
Your bankโ€™s SMS alert should read.
Acct:******1234
The Naira equibvalent of USD1.95 has been authorized for the transaction done on PP*0123CODE 0123456789FF
What you need do is copy the 4 digits before CODE (highlighted in red) from your mail or SMS alert. Thatโ€™s what you need to confirm your card.
7. You now have to login once more to your Nigerian Paypal account and click on โ€œConfirm Cardโ€ link which should appear on the right sidebar of your dashboard. Then type in the four-digits you copied from your bank alert and click on โ€œConfirm Cardโ€ as shown below.
verify your card
8. Youโ€™ll get a success popup if everything was fine and successful.
mastercard confirmed
Here is a screenshot of my Nigerian verified Paypal account.
my Nigerian paypal account
And thatโ€™s how easy it is to signup a Nigerian Paypal account and get verified using any debit or credit card. Remember, I made use of my GTBank MasterCard here and it did work for me.

FAQ about Nigerian Based Paypal Accounts

Ques: Does Paypal only support the GTB Naira MasterCard In Nigeria?
Ans: No, people also making use of UBA, Zenith, Access and some others bankโ€™s credit cards have been verified using same procedures in this tutorial.
Ques: What Credit Card Types are accepted by Paypal?
Ans: Paypal supports Visa, MasterCard, American Express and Discover Debit or Credit Cards
Ques: How Do I Fund My Nigerian Paypal account to make online purchases?
Ans: You donโ€™t have to worry about funding your paypal, whenever you make an online purchase, your linked credit/debit card would be charged.
Ques: Can I make Transfers to other Paypal Accounts?
Ans: No, for now Paypal has not enabled peer-to-peer transactions in Nigeria.
Ques: Do I need a token device before I can get Verified?
Ans: No, that isnโ€™t necessary
Ques: Can I add My Bank Account to Nigerian Paypal like I did in my US Paypal?
Ans: No, PayPal doesnโ€™t offer this feature at this time for Nigerians.
Ques: Can I add more than 1 Debit/Credit Card to my Paypal account?
Ans: Yes
Ques: Can I purchase services from sites like Fiverr, Addynamo, Amazon with a Nigerian Paypal?
Ans: Yes, it works on all sites that accept Paypal payments.
Now, Iโ€™ll be glad to know which card you used in verifying your Nigerian Paypal account. Share your thoughts using the comment section below, and please do not forget to share this post with your friends. They might find it useful. Cheers!

Oscar Frank

Oscar is a Blogger, who has the passion to teach others how to make money blogging. Apart from this, his other areas of interest are Wordpress, Web Development and Gadgets. You can connect with him on Facebook,Twitter or Google +

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