PayPal in Nepal

What is PayPal?

PayPal is an e-commerce business allowing payments and money transfers to be made through the Internet. PayPal serves as an electronic alternative to traditional paper methods such as checks and money orders and has been involved in many cases of litigation concerning fraud scams.

A PayPal account can be funded with an electronic debit from a bank account or by a credit card. The recipient of a PayPal transfer can either request a check from PayPal, establish their own PayPal deposit account or request a transfer to their bank account. PayPal is an example of a payment intermediary service that facilitates worldwide e-commerce.

PayPal in Nepal or PayPal to Nepal

PayPal in Nepal is not easy and flexible to use. It is because of the fact PayPal cannot be linked to any of our Nepalese Banks directly. We being a Nepalese can sign up freely in PayPal but can not get verified easily. In most of the cases, it is fine, as most of the Nepalese (for eg: IT Freelancers) do not require TOP UP but mostly require an easier way to collect their payments from different parts for the world. So withdrawing funds to Nepal Bank Accounts from PayPal is not easy. However, you can use moneybookers.com now known as skrill.com which allows withdrawal to Nepali Banks.

Nepal to PayPal

If you want to make payments using your paypal account with Nepal address, you need to get a Visa Dollar Credit Card from A class Banks of Nepal. You also need to request them to enable online payments on those credit cards. Once you have that enabled, you can link it to your PayPal and make payments or can pay directly using such credit cards. It is 100% legal in Nepal.

Share it if you think this helped you.