Showing posts with label Paypal. Show all posts
Showing posts with label Paypal. Show all posts

December 1, 2010

How To Withdraw Paypal Funds In Nigeria

Most paypal users in Nigeria are faced with the problem of withdrawing their paypal funds. The problem is complicated by Nigeria not being on Paypal's supported countries list due to reasons best known to paypal. It's getting rather hard to run serious online business these days without a paypal account but easily withdrawing the dollars is even a bigger problem.

Minute-exchange.com was the real deal when it came to converting paypal funds to liberty reserve till they stopped accepting paypal. The truth of the matter is, there is no legitimate site online where you can exchange your paypal fund for liberty reserve ( as this is preferable in Nigeria ).
I'll however give a couple of tips on converting your paypal funds to hard cash.

1. The most preferred option is funding other people's account with your paypal funds and the recipient pays into your bank account. Yhe only problem is you might not always find someone in need of paypal funds.

2. Transferring your paypal funds to a friend overseas in a paypal approved country. The person only needs to transfer the money to his/her bank account and sends it to you here in Nigeria via Western Union or MoneyGram. This requires a very high degree of trust though.

3. Investing in online businesses (HYIP or Forex sites) that allow you to pay via paypal and withdraw through liberty reserve.

4. Another option is buying stuffs online with you paypal funds.

5. The last option is using e-currency exchangers like minute exchange I mentioned earler. But like I said, they no longer accept paypal. Another exchanger I found is exchangezone.com. Exchangezone allows allows its members to exchange digital currencies directly with each other without any intermediary company. I've heard people say they are reliable but I haven't tried them.


Personally, I normally prefer using any of the first two options. It's been working for me perfectly for some years. The third option too is quite okay, just that I have a phobia for HYIPs. lol.

November 12, 2010

Open and Verify Your Paypal Account in Nigeria and Unsupported Countries

It's no longer news that paypal is not supported in Nigeria and certain countries like Pakistan ans Sri Lanka. You can, however, open and verify your paypal account if you live in Nigeria or any of these unsupported countries to facilitate your online transactions.

If you do not have a liberty account, please read my previous post on that and fund your Liberty Reserve account before proceeding. Fund your liberty reserve account with about $10 ( you're going to need this to buy a virtual credit card for verification)

Now, go to http://www.paypal.com and register an account. I'll advise you to use a Your-Freedom client server to do this. It's not a bright idea doing this in a cyber cafe using a Nigerian IP address or an unsupported country's IP address. You can as well use any other anonymizer you can always have access to. This is important because you will always use this to check your paypal account. Using something strange from what you regularly use might place a limitation on your account!

You must have a valid address and phone number of the country you intend to use. To get one, type "china yellow pages" in google search box. Check the results one after the other till u get what you need, including the postal code. That's only an example if you intend to use China as your country.

Be sure the country you intend to use has no payment limitation. Wondering what i mean? Sometimes back, South Africans were allowed to send money but a South African paypal account can never receive a dollar. I don't know if the limitation is still there, just don't make the mistake I made.

China and Indonesia or any other non-european country supported by paypal is ok.

Now you've opened a paypal account, you need to verify it by linking your credit card or adding your bank account.

Visit http://www.virtual-cc.com to purchase your virtual visa credit card
Select virtual cc for paypal verification. Choose none european address and make your payment with the liberty reserve account you opened earlier.


Go back to your paypal account after this, click on get verified, then link and confirm your credit card. Enter your credit card details, ok? Click save and continue. Paypal then tells u to go get a code (blah)(blah)

Go back to http://www.virtual-cc.com and enter your credit card number in the space provide on their homepage. You should be told you'd be alerted when your expuse number is ready.

A couple of hours or two later, you should receive an email telling u your expuse number is ready. Now go back to virtual-cc.com and enter you credit card in that same space on their homepage again. You should now get your 4-digit verification.

Now the final step, login to your paypal account, click on confirm your credit card, enter your 4-digit code and your account becomes verified.

One word of advice, always check your paypal account with the anonymizer or IP address you opened the account with. I've been running my paypal account verified with this method for almost two years and I've got no problem since.

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