The Step-by-Step Guide Create and Use PayPal account In Nepal Legally in 2020

Why do you need to create and use Paypal in Nepal?

Paypal is the most commonly used payment gateway used for fund transfer. It is a must-have for an individual who wants to work in the online market. If you are planning to work as a freelancer, affiliate marketer, or any online jobs being in Nepal, receiving payments might be a headache for you. There is a legit working method to solve this problem.

This blog solves queries of :

1)People with no money in their Paypal account or maybe no Paypal account

2)And people with online jobs in Nepal but are struggling to get their money in their local bank account. 

So here is, how to create and use Paypal in Nepal

• Simply head to Paypal and sign up.

• Add in your name, email address, and password and then click Continue.
  

• For a password, you have to use 8 characters and a number or letter. Something which looks like(!@#$%^&*1a)
• Add in your address and other required info and then click Continue.

Paypal generally lets you link with several bank accounts across the globe. But due to banks not being able to meet the Paypal security standard, Paypal refuses to offer its core services in nations like Pakistan, Bangladesh, Nepal, etc.

And here is how to create and use Paypal in Nepal.

And no, I am not talking about using third party fintech services like Skrill neither I am talking about using relatives' accounts to transfer your money from Paypal.

Though they might seem the ideal option for Paypal money transfer in Nepal, they are not. As security is a concern for everyone, it would be a lack of awareness to call them an ideal option.

So, how to use Paypal in Nepal?

The ideal option is to use Xoom, A Paypal Service. Paypal acquired Zoom in 2015. Paypal has officially mentioned Xoom as part of its service on its website.

              Image: Paypal Mentioned about Xoom officially on their website

Besides this, the news of Paypal acquiring Xoom in 2015 was also featured in top web magazines like Forbes, business wire, fortune, and many more.

• You simply head to Xoom.
• Select the amount you want to withdraw or deposit and click continue. You will have to log in to proceed.
• Since it is a PayPal service you can simply log in with Paypal.

• Select your recipient; the account you want to receive your money. You can deposit your money in 25+ banks.

• Fill up the form. (Make sure you use your current location as any other country except Nepal)

• Continue your payment and you are done!!

The best part about Xoom is: 

-It lets you deposit funds to local banks in Nepal. And having PayPal as a parent company: security, trust issues, and additional charges never become an issue.

An alternative to this method is using Skrill. It might not be as secure as Paypal but it is secure enough to use. Skrill has not yet faced a major security problem and has served. It is also the global payment solution for AC Milan. 

However, I recommend you to use Xoom if you want bank transfer from your Paypal account. If you are used to using skrill it is also alright.

You can send it to you Skrill and then send it to your eSewa account.

What if you don't have a fund loaded Paypal?

If you have no funded Paypal account then the only option is using your relatives' account. For situations like this: You can ask any of your relatives to let you use their PayPal account. And you can transfer the money you used, to their Nepalese bank account or settle it later.

I know it sounds a little inconvenient and complicated. But, sadly that is the only genuine way to proceed.

Conclusion:

Use Xoom  as much as  possible.

 Using third-party services like Skrill also ok. They are a popular fintech company, using but still, Paypal is highly recommended.

Thank you for your attention :)

If you have some more recommendations or suggestions, I would love to hear about it😃