PayPal to MPESA cash transfer
PayPal to MPESA withdrawal and deposit are easier today than when the service was first introduced a few years back. Thousands of online shoppers and vendors as well as freelancers in the gig economy now use PayPal as a primary payment channel.
How to withdraw money from PayPal to MPESA
You must first link PayPal to MPESA for you to be able to withdraw money. To do this, go to www.m-pesapaypal .com, then follow the following process:
To link MPESA to PayPal for existing accounts
- Enter your primary PayPal Account email address
- Successfully log on to your PayPal Account. Agree to the privacy policy.
- Enter your MPESA phone number
- Click to accept terms and conditions
- Enter the 4-digit confirmation code sent from Safaricom to your MPESA number.
- Click to confirm.
Link MPESA to PayPal for new accounts
- Sign into your PayPal Account
- Enter your MPESA phone number
- Accept the terms and conditions
- Enter the 4-digit confirmation code sent from Safaricom to your MPESA number.
Withdraw from PayPal to MPESA
Once you have linked your PayPal and MPESA accounts, you can withdraw any funds you receive. Follow the following process:
- Sign into your PayPal account and Select Withdraw. The available balance will be displayed in USD.
- Enter the amount to withdraw from in USD.
- Click on ‘Withdraw’
- You will be redirected to a new page showing, a) the amount to be received in KES, b) the exchange rate used for the currency conversion, c) an estimation of the transaction processing time.
- Click ‘Confirm’ to complete the Withdraw Transaction.
You will receive a transaction message from MPESA as well as an email from PayPal. The cash will hit your account in 2 hours for smaller transactions and within three days for larger transactions.
Remember a single transaction only allows a maximum of KES 70,000. Your daily transaction is limited to KES 140,000.
The PayPal to MPESA withdrawal charges is 3% of the amount converted from USD to KES.
MPESA to PayPal top up
For MPESA to PayPal transactions, open your account on the www.m-pesapaypal .com website. Follow the process below:
- Select Top Up funds
- Enter the amount to top up in USD.
- Click ‘calculate’ to convert the amount in KES that should be transferred from your MPESA. The current exchange rate will be displayed on this page.
- Now go to your phone MPESA menu.
- Select Lipa na MPESA PayBill option. Enter the PayPal Paybill number 800088
- Write your phone number as the Account No.
- Enter the Amount in KES as calculated on the PayPal website.
- Enter your MPESA PIN and Send. The funds should be reflected in your account after a few hours.
You will receive a confirmation message from MPESA and an email from PayPal about the top up. The transaction fee for MPESA to PayPal is 4 percent of the total amount transacted.