A Nepali citizen can sign up and create PayPal account from Nepal free of cost, but needs to go through account verification process which is very difficult to verify your PayPal account because it need Bank Account, Visa/Master Card as well as address proof documents.
PayPal in Nepal: How to Open and Verify PayPal Account in Nepal
PayPal is an American company operating a worldwide online payments system that supports online money transfers and serves as an electronic alternative to traditional paper methods like checks and money orders. PayPal is one of the world’s largest internet payment companies. The company operates as a payment processor for online vendors, auction sites and other commercial users, for which it charges a fee.
A Nepali citizen can sign up and create PayPal account from Nepal free of cost, but needs to go through account verification process which is very difficult to verify your PayPal account because it need Bank Account, Visa/Master Card as well as address proof documents. In Nepal there are no any banks which is directly linked with PayPal in Nepal. Using PayPal in Nepal comes with some of the task that a normal user do not have access to. Task like verifying the PayPal in Nepal and transferring money to the PayPal account via local banks is not possible which make PayPal users in Nepal to keep the account unverified and of no use. Nepal Rastra Bank needs explanation on every transaction which is made out of the country.
1. Sign up to Payoneer, order Payoneer MasterCard and verify it.
2. Sign up to PayPal and verify using Payoneer MasterCard.
1. Payoneer MasterCard with some balance for verification.
1. Sign up for PayPal using paypal.com.
2. Ensure that your country or region is selected as Nepal.
3. Choose the account type.
4. Fill up the form with your details.
5. For Credit card number, use your Payoneer Master Card Details.
6. Enter the Card Details
One you complete the sign up process using the Payoneer Master Card, PayPal will make two small withdrawals from your Payoneer Card. Now login to your Payoneer account and click on “Transaction History”. You have to wait a few days to see it in your transaction history.
Once it appears in your transaction history note their amount and enter it in PayPal. Once the amount is entered, you will have a verified Nepalese PayPal account.
Nepalese PayPal account can only be used to send payments. There’s no way of receiving payment in Nepalese PayPal account. Your payments are funded by the Payoneer MasterCard, so you should have balance in it.
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