PayPal is the faster, safer way to send money, make an online payment, receive money or set up a merchant account. PayPal Holdings, Inc. 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.
PayPal Service In Nepal
PayPal doesn’t support Nepal yet. I Don’t Know the real reason behind that but it seems to have problem with Nepal Rastra Bank’s policies. However, you can create a PayPal Account from Nepal But there is no options to received the money. Only you can send Payments by adding the Debit-Card from you local Bank and You should ask them to allow you for Online Transaction.
PayPal Account Verification
Verifying your PayPal account helps make PayPal even safer for everyone. When you’re Verified, it means that you’ve provided additional information about yourself to help confirm your identity. After you are Verified, we’ll lift your limits so you can withdraw more money. To see if your account is already verified, click See how much you can send with PayPal on the bottom left side of your “Summary” page. If your account has not been verified. In Nepal PayPal still doesn’t verify our account.
Why is PayPal not available in Nepal
If you have created PayPal account with Nepal as country, you may have noticed that PayPal doesn’t allow you to accept money from others. Also, You cannot use your PayPal balance to pay for goods in e commerce websites as your PayPal won’t be verified without an international debit or credit card. So, the PayPal account will be of virtually no use. The central bank of Nepal prevents any Nepali citizen without a foreign visa to get an international credit or debit card. This means that there is no way that you can use to remove the limit in your PayPal account. PayPal is quite unlikely to remove the “send-only” limit in Nepalese papal account soon as the number of transactions is quite less (which in turn is due to the credit card limitation). So, as long as Central Bank doesn’t allow general citizen to get International cards, we can forget about using our own Nepali PayPal account over the internet.
Alternate of PayPal
The most common alternate way of PayPal is Skrill. However, Skrill is not supported in most of the online Platform. So, Payoneer MasterCard is the only solution for this. This type of Card is accepted all over the world and most of the online platform. This is Safe & Secure.
Risk of Creating Account from Another Country
VPN, Ya of course, You can create a PayPal account from any corner of the World by using VPN. But keep in mind that PayPal has a strong security system and it can detect whether a user is using PayPal via VPN or not? So don’t take risk on this. I have lost a large amount of money.
So we shouldn’t create PayPal Account outside of Nepal. Or else your account will be blocked like mine. CLICK HERE