PayPal is a popular online payment system that allows you to send and receive money from anywhere in the world.
MPESA is a mobile money transfer service that is widely used in Kenya.
This blog post will show you how to withdraw money from PayPal to MPESA.
Step 1: Log in to your PayPal Mobile Money account with your email and password.
Step 2: Click on the Withdraw option.
Step 3: Your available balance will be displayed ready for withdrawal.
Step 4: Enter the amount you want to withdraw from your PayPal account in USD. The amount should be equivalent to or less than your account balance.
Step 5: Click on the Withdraw button.
Step 6: You will receive a confirmation message on your phone.
You should receive your money in your MPESA account within a few minutes. You can contact PayPal customer support for assistance if you have any issues.
What is PayPal to mpesa charges?
The latest MPESA-PayPal charges for withdrawals and topping-up are as follows:
- Withdrawal charges – 3% of the withdrawn amount (what you are sending from PayPal to MPESA)
- Top-up charges – 4% of the top-up amount (what you are sending to PayPal from MPESA)
How long does it take to withdraw money from PayPal to MPESA?
Withdrawals from PayPal to MPESA usually take between a few minutes to 3 days to be processed, depending on the value of the transaction made.
However, as of 2020, PayPal to MPESA transactions take just minutes.
What is the maximum amount I can withdraw from PayPal to MPESA?
The minimum amount of money you can withdraw from PayPal is 1 USD, while the maximum is Ksh 150,0001.
Always ensure, before withdrawing, that the balance in your MPesa plus the amount you want to withdraw will not exceed Ksh 300,000, the maximum amount of money an MPesa account can hold.
I hope this helps!