How to open Paypal account in Nigeria

Paypal is one of the leading payment systems in Nigeria. Paypal has made it easy and secure for millions of users to send and receive payments in Nigeria and internationally. As a matter of security, you should know that Paypal won’t show your full financial information to Merchants. Also, PayPal Buyer Protection covers your eligible purchases if they don’t match their description.

To set up a Paypal account in Nigeria, you need more than just your name and email address. What you will need includes a credit or debit card, your credit card or bank statement for verification, and, there are some cases where you will need a form of ID like a passport.

So if you don’t have a Paypal account, it doesn’t matter whether you are in Nigeria, you can set it up for free within few minutes.

Types of Paypal account

Before you set up your Paypal account, you must first determine the type of account you want to open. There are two types of Paypal account: Personal account and business account.

If all you want to do online is to send money to friends or buy things online, then this is the best option for you. This type is easy to set up. However, if you want to be accepting payment online for product sales, then go for this option.

Here are the steps you should follow to open a Paypal account in Nigeria:

  1. First input the Paypal URL into your web browser
  2. Once the page loads fully, click on the signup
  3. Choose the account type that you desire. You have two options; ‘Personal’ and ‘Business’ and tap/click on ‘Continue’.

Enter your phone number and verify it.

  1. Enter your name, email address, and choose your password. Ensure the password is not too simple so that your account won’t be hacked and also ensure it’s what you can remember. It is advisable that you write it somewhere.
  2. Go to the next page to input your address and other required info. Ensure the address is the same as the address you used when you opened your bank account.
  3. You will receive an email asking you to verify your account, click on verify.

That is it, your account has been set up.

How to verify your Paypal account in Nigeria.

Now that you have successfully created your account, the next thing to do is to verify your account. Verifying your Paypal account is important because of security reasons and required to do it before you can start using your funds. To verify your Paypal account in Nigeria, you will need to your Paypal account to a bank account or debit/debit card.

First to, and once the page loads fully, click on ‘Pay & Get Paid’. Proceed to ‘Wallet’ and under it, select ‘Bank & Cards’ you can then select the bank account or the card that you want to verify.

If you decide to use a credit or debit card, check PayPal’s charge on your credit card statement which is a four digits code, input it in order to verify your card.  You can do this by going back to ‘Bank & Cards’, select the card you want to verify, input the 4-digits code, and then click ‘Confirm’. Once you have confirmed, you can now start to use Paypal to send and receive money.

If you decide to use a bank account, the verification process is similar to the above steps, but the diffidence is that Paypal will make two deposits of the random amounts within the range of $0.01 and $0.99. What you have to do is enter these two amounts to verify your bank account, mind you, you can’t keep these deposits in your account.

Let’s break these processes into steps:

How to verify Paypal account in Nigeria:

Step 1. Go to and sign in to your account.

Step 2. Click/tap ‘Pay & Get Paid’.

Step 3. Select ‘Banks and Cards’ under ‘Wallet’.

Step 4: Link with your credit card or your bank account.

Step 5: Confirm your account by entering a four-digit code if you are using a card or the two deposits if you are using a bank account.

If later you want to add another card or bank account, you will need to follow the same verification process as well.

That’s everything you need to know about setting up Paypal account in Nigeria and verifying it.


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