Lot’s of questions some folks do ask daily because of unawareness of how exactly PayPal works. Today i got another question “Can i send and receive funds with my Nigeria business Paypal account?” alongside with the usual one “How to open a business paypal account in Nigeria”

I have decided to share with you the answer officially to let you know if you can send and receive funds with Nigeria business Paypal account.

Can i send and receive funds with Nigeria business Paypal account

There are three types of PayPal accounts but in general the commonly used ones are: Personal PayPal account and business PayPal account.

• Personal PayPal account:

  The fact that it’s called Personal account does not mean you can’t use it for making transactions like sending and receiving funds online. I can boldly say that almost every feature of business account exists in the personal Paypal accounts.

  Though personal Paypal accounts have sending limits which means you can not send or receive some certain amounts (not specified) in your personal Paypal accounts. That makes it difficult for people handling large PayPal Funds above $1000 Dollar.

  If you’re one then you need to go for business Paypal account otherwise if you handle little funds around $500 – $700 then personal Paypal accounts are still preferable.

• Business Paypal account:

  Like the name sounds. this is well design for business people online. There’s no limit to the amount you can handle with your verified business Paypal account.

  This is why it’s advisable for regular huge fund Takers online. but people like us who don’t have money in the bank we can still use personal Paypal account anywhere.

  Let’s i skip this: You can also integrate your personal Paypal accounts on your website there’s no issue about that.

Can i convert my personal PayPal account to business account?

If You you have made a personal PayPal account and on the long run you want to convert it to business account, you can see the option to do that right from your profit or settings page.

That measn you can easily convert your personal Paypal account to business account without issues.

Having understood the above, Let’s answer your question.

Can i send and receive funds with Nigeria business Paypal account

As officially stated, Nigeria PayPal account cannot send and receive funds locally or internationally instead you can only add your Credit or Debit card to your PayPal account and while you do shopping online with your PayPal account, they will deduct the money directly from your Bank account( Automatically that renders Nigeria PayPal account useless for Marketers)

The fact that you called it Nigeria business Paypal account does not change anything. Wither Business or Personal in which ever option you chose when creating your PayPal account, You can’t still bypass this limitations provided your country was selected as Nigeria during the PayPal registration.

So the answer to this question “Can i send and receive funds with my Nigeria business Paypal account?” is NO.

How then does Nigeria Marketers use PayPal?

Ask every online marketer in Nigeria who uses PayPal in sending and receiving funds online and you will see they aren’t using Nigeria PayPal accounts instead they create foreign PayPal accounts.

Yes: It’s certain you can manage foreign PayPal accounts from Nigeria and that’s what we have been helping our clients to do. “Creating verified PayPal account which can help you send and receive funds worldwide

Click on the above link let us help you make a foreign PayPal account in Nigeria which can send and receive funds worldwide without any restrictions. If you find this article regarding Nigeria business Paypal account helpful kindly share and tweet as below and don’t forget to subscribe for more updates.