FNB Withdraw Service with PayPal

What is PayPal

PayPal is a payment service that enables you to accept payments more securely as well as pay for goods and services. PayPal keeps your information protected by using powerful encryption methods.

PayPal is the safer, easier and more convenient way to pay and get paid online.

Login to withdraw from your PayPal account or register for FNB Withdraw Service with PayPal.

Botswana

Don't have an FNB account?

Open one now

How does PayPal work?

  • You can shop more securely at thousands of online stores. PayPal keeps your information protected by using powerful encryption methods.
  • When opening a PayPal account, one needs to link a funding source (credit or cheque card).
  • When purchasing from a merchant who accepts PayPal payments, PayPal will debit the payment due from the PayPal account balance or the funding source linked to the PayPal account.
  • PayPal will credit the merchant's PayPal account.
  • The merchant can then withdraw the funds to their FNB local bank account, through the FNB withdraw service

What can you do with a PayPal account?

  • Pay online faster, easier and more conveniently
  • Receive payments into your PayPal account from customers in over 203 countries and markets.

Why use PayPal for your business?

Expand your business globally by receiving international payments online and easily withdrawing your funds locally.

  • You get to offer your customers a globally accepted payment method used by more 180 million users in 203 countries and markets
  • PayPal makes it easier for customers because they don’t need to re-enter card details every time they make a purchase.
  • Accept up to 26 different currencies and multiple payment methods
  • Quick set up and integration into your website
  • Affordable transaction fees
  • Advanced security features to protect the buyer and seller, reducing transactional fraud and risk

How to create a new PayPal account

  1. Create a PayPal account at www.paypal.com
  2. Click on 'Sign Up' at the top right hand side of the screen
  3. From the 'country or region' dropdown list, select 'Botswana'
  4. Select either a personal or business PayPal account
  5. Click on the 'open an account' button
  6. Complete the required information and create your account
  7. Your PayPal account identifier will be the email address you used when completing the PayPal sign up process.
  8. Once you have successfully created your PayPal account you will need to verify the account

Please Note: To open a business account you will need to provide information such as your business name, business address and type of business.

How to verify your PayPal Account

  • You will need a Cheque card or credit card to verify your PayPal account
  • Log onto your PayPal account and click on Get Verified
  • When you enter your Cheque or credit card details, these will link to your PayPal account.
  • Once you have linked your card, complete the verification process
  • PayPal will debit a 1.95 USD from your account (which will be refunded once the verification process has been completed).
  • In the statement reference for this transaction there will be a four digit security code that you will need to enter on your PayPal account in order to complete the verification process
  • The code may take up to 5 days to reflect or you can contact your bank's card division to get this code

Please Note: Any banks Cheque or credit card can be used.
Business Cheque or credit cards must be open to transact internationally and online.