How to Withdraw Money from PayPal to Mpesa: A Step-by-Step Guide

 How to Withdraw Money from PayPal to Mpesa: A Step-by-Step Guide.

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If you are in Kenya and you have funds in your PayPal account that you would like to withdraw to your Mpesa account, you may be wondering how to do so. The good news is that it is possible to withdraw money from PayPal to Mpesa, and it is actually quite simple. In this article, we will explain the steps you need to take to withdraw money from PayPal to Mpesa.

Table of Contents

• Introduction
• What is Mpesa?
• What is PayPal?
• Why You May Want to Withdraw Money from PayPal to Mpesa
• Requirements for Withdrawing Money from PayPal to Mpesa
• Step-by-Step Guide to Withdraw Money from PayPal to Mpesa
• Linking Your PayPal Account to Mpesa
• Withdrawing Money from PayPal to Mpesa
• Frequently Asked Questions
• Conclusion

Introduction

PayPal is a popular online payment system that allows individuals and businesses to make and receive payments online. Mpesa, on the other hand, is a mobile money transfer service that is popular in Kenya. It allows users to deposit, withdraw, and transfer money using their mobile phones. In this article, we will explain how you can withdraw money from PayPal to Mpesa.

What is Mpesa?

Mpesa is a mobile money transfer service that was launched in Kenya in 2007. It is a service offered by Safaricom, which is the leading mobile network operator in Kenya. With Mpesa, users can deposit, withdraw, and transfer money using their mobile phones. Mpesa has become very popular in Kenya and is used by millions of people to make payments and conduct transactions.

What is PayPal?

PayPal is an online payment system that allows individuals and businesses to make and receive payments online. PayPal was founded in 1998 and is now one of the most popular online payment systems in the world. With PayPal, users can send and receive payments in multiple currencies, and they can link their PayPal account to a bank account or a credit card.

Why You May Want to Withdraw Money from PayPal to Mpesa

There are several reasons why you may want to withdraw money from PayPal to Mpesa. One reason is that Mpesa is a very popular payment system in Kenya, and it is often easier to use Mpesa to make payments and conduct transactions. Another reason is that it can be more convenient to withdraw money from PayPal to Mpesa, as it allows you to access your funds using your mobile phone.

Requirements for Withdrawing Money from PayPal to Mpesa

Before you can withdraw money from PayPal to Mpesa, you need to meet certain requirements. These include:

• A PayPal account that is registered in Kenya
• A verified Mpesa account
• A Kenyan national ID or passport

Step-by-Step Guide to Withdraw Money from PayPal to Mpesa

Linking Your PayPal Account to Mpesa

The first step in withdrawing money from PayPal to Mpesa is to link your PayPal account to Mpesa. Here's how:

1. Log in to your PayPal account.
2. Click on "Withdraw funds" and select "Withdraw funds to your card".
3. Enter your Mpesa mobile number and click on "Link Card".
4. You will receive a verification code on your mobile phone. Enter the code in the space provided and click on "Link Card".
5. Your PayPal account is now linked to your Mpesa account.

Withdrawing Money from PayPal to Mpesa

Once you have linked your PayPal account to Mpesa, you can now withdraw money from PayPal to Mpesa.

Here's how to withdraw money from PayPal to Mpesa:

1. Log in to your PayPal account.
2. Click on "Withdraw funds" and select "Withdraw funds to your card".
3. Enter the amount you want to withdraw and click on "Continue".
4. Review the details of the transaction and click on "Withdraw".
5. The money will be credited to your Mpesa account within 2 hours.

It's important to note that there are fees associated with withdrawing money from PayPal to Mpesa. PayPal charges a fee of 1% of the transaction amount, while Mpesa charges a fee based on the amount of money being withdrawn. You should check the current fees before withdrawing money from PayPal to Mpesa.

Conclusion

Withdrawing money from PayPal to Mpesa is a simple and convenient process. By following the steps outlined in this article, you can easily transfer your funds from PayPal to Mpesa and access them using your mobile phone. If you have any questions or concerns, be sure to consult the PayPal or Mpesa customer support teams.

 

Frequently Asked Questions

1. How long does it take to withdraw money from PayPal to Mpesa?

It usually takes up to 2 hours for the money to be credited to your Mpesa account.

2. What are the fees for withdrawing money from PayPal to Mpesa?

PayPal charges a fee of 1% of the transaction amount, while Mpesa charges a fee based on the amount of money being withdrawn.

3. Can I withdraw money from PayPal to someone else's Mpesa account?

No, you can only withdraw money from PayPal to your own Mpesa account.

4. What is the maximum amount I can withdraw from PayPal to Mpesa?

The maximum amount you can withdraw from PayPal to Mpesa is Ksh. 70,000 per transaction.

5. Is it safe to withdraw money from PayPal to Mpesa?

Yes, it is safe to withdraw money from PayPal to Mpesa as long as you follow the correct procedures and ensure that you are using a secure internet connection.