Just tried out paypal, it has been a long time waiting for this. Paypal can seriously help Egyptians that want to do small business online. Internationally it is the payment method of choice for many sites that allow people to do online jobs and tasks for a fee like fiver.com. It can open a whole world for web designers programmers and translators in Egypt just to name a few.
Getting verified is easy, but it seems that there is no way to accept payments and be able to transfer them to your bank account till now. So you can get paid but it seems till now the money will stay in your paypal wallet.
Lets wait and see.
I don’t get it! So now I can send money to my paypal account and also I can receive money in my paypal but I can’t withdraw this money through my bank account! Is this right or I’ve missed something?
Yes for now that seems to be the case, remember Paypal was just activated yesterday 🙂
It could be that they are working on the rest of the features. Also the account I made was a personal account things could be different in a business account.
Are you sure we could receive payments? I mean, have you actually tried receiving any? Cause in their help centre, ‘Egypt’ is listed under the last category (Send Money to Anyone in the Growing PayPal Network), implying that it’s only allowed for sending money.
You could check that here:
https://www.paypal.com/worldwide
I am sure you can receive, I did not try it, the do say send and receive money on the site. But you can not move the money you receive to your bank account! You can only spend it.
True 🙂 You can only pay with your account … you can’t even receive payments
Thank you for the clarification. This is bad, it does not allow Egypt to use paypal to improve our economy.
Ahh, alright then.
I’ll be testing this today with a payment from one of my clients. Not sure yet of how I’ll withdraw it in the future, but I would love to try anyways. Will let you know how it goes.
Unfortunately you can’t receive nor withdraw money (ofcourse) to your bank account. I tried already transferring money to my paypal account with my paypal mail address but it gets rejected and a fees of 3 USD is being deducted when the money returns back to the sender
Thanks for the confirmation Ayman. I was quite sure about that one; as this has been the case with many of my foreign friends having the same limitation set on their countries.
anyone receiving money via PayPal in egypt yet?
I tried sending $3 to my egyptian paypal account from my singapore paypal account and this was the message : ” Currently PayPal accounts in Egypt are only able to send payments. This recipient is not eligible to receive funds. “
Thanks for sharing,
Please for any updates inform us..
Anyway what is the way that Paypal offer to get paid? assume I have 10$ in my balance and I want them cash, what is the normal ways Paypal offer to achieve this?
you transfer the money to your bank and then you can use an ATM
Hello , No you can’t get paid using PayPal. It won’t accept the operation from sender to receiver (in Egypt) from first place. It is just for spending money right now.
There is no point of having paypal if you can’t link it to your bank lol.
is there an office or something for paypal in egypt?
Francis Barel, Business development in Paypal says the option to recieve money will be available soon.
source: http://trendingdig.com/paypal-receive-money-service/
what documents did u send to remove Paypal limitations to be able to send money?
Hellow, can you please till me , wht the list of the banks in egypt can work with Paypal? and if I want add funds in paypal account without used my visa account?
You can transfer money to another Paypal account in USA and get money from there using WE [Western Union]. This is the cheapest method I ever experienced till now. It cost me 11$ to transfer 250$ from my Odesk.com account as programmer to my pocket in 1 hour!
PayPal isn’t letting Egyptian accounts receive any payments for now, nor withdrawals. The way to withdraw your PayPal funds now is dealing with a trusted e-currency exchanger who you give him your PayPal funds for Western Union/Money Pak funds. Then you will head to your card issuer (bank) and withdraw the money easily.
Hello may I know if anyone tried to pay something online using a paypal account ?!
what are the list of banks that can i use with paypal in egypt
Do they have hotline here in Egypt and locations