How to Withdraw Money from PayPal to M-PESA in Kenya (2024)

How to Withdraw Money from PayPal to M-PESA in Kenya

PayPal and M-PESA are two of the most popular and convenient online payment platforms in Kenya. PayPal allows you to send and receive money internationally, while M-PESA allows you to send and receive money locally. By linking your PayPal and M-PESA accounts, you can enjoy the best of both worlds and transfer money between them easily and securely.

In this article, we will show you how to link your PayPal and M-PESA accounts and how to withdraw money from PayPal to M-PESA. We will also show you how to top up your PayPal account using your M-PESA balance. Let’s get started!

How to Link PayPal and M-PESA Accounts

Before you can withdraw money from PayPal to M-PESA, you need to link your PayPal and M-PESA accounts. To do this, you need to have a verified PayPal account and a registered M-PESA account. You also need to have a valid email address and phone number that match your PayPal and M-PESA accounts.

To link your PayPal and M-PESA accounts, follow these steps:

1. Go to the PayPal Mobile Money Service with M-PESA website and click on “Get Started”.
2. Log in to your PayPal account and accept the terms and conditions.
3. Enter your M-PESA phone number and click on “Link Your Accounts”.
4. You will receive a confirmation code via SMS. Enter the code and click on “Confirm”.
5. You will see a success message and your PayPal balance in Kenyan shillings. You have successfully linked your PayPal and M-PESA accounts.

How to Withdraw Money from PayPal to M-PESA

Once you have linked your PayPal and M-PESA accounts, you can withdraw money from PayPal to M-PESA. To do this, you need to have enough funds in your PayPal account and a minimum withdrawal amount of KES 200. You also need to pay a withdrawal fee of 3% of the transaction amount.

To withdraw money from PayPal to M-PESA, follow these steps:

1. Go to the PayPal Mobile Money Service with M-PESA website and log in to your PayPal account.
2. Click on “Withdraw from PayPal” and enter the amount you want to withdraw in Kenyan shillings. You will see the withdrawal fee and the estimated processing time.
3. Click on “Continue to Withdraw” and confirm the transaction details.
4. You will receive a confirmation email from PayPal and an SMS from M-PESA. You will also see a success message and your updated PayPal balance on the website.

Here are some examples and scenarios to help you understand the withdrawal process and the estimated processing time:

• Example 1: You want to withdraw KES 10,000 from PayPal to M-PESA. You will pay a withdrawal fee of KES 300 (3% of KES 10,000) and receive KES 9,700 in your M-PESA account. The estimated processing time is 2 hours.
• Example 2: You want to withdraw KES 50,000 from PayPal to M-PESA. You will pay a withdrawal fee of KES 1,500 (3% of KES 50,000) and receive KES 48,500 in your M-PESA account. The estimated processing time is 4 hours.
• Scenario 1: You withdraw money from PayPal to M-PESA on a weekday during working hours. You will receive your money in your M-PESA account within the estimated processing time.
• Scenario 2: You withdraw money from PayPal to M-PESA on a weekend or a public holiday. You will receive your money in your M-PESA account on the next working day.

How to Top Up PayPal Account Using M-PESA Balance

If you want to top up your PayPal account using your M-PESA balance, you can do so using the M-PESA Pay Bill option. To do this, you need to have enough funds in your M-PESA account and a minimum top up amount of KES 100. You also need to pay a top up fee of 4% of the transaction amount.

To top up your PayPal account using your M-PESA balance, follow these steps:

1. Go to the PayPal Mobile Money Service with M-PESA website and log in to your PayPal account.
2. Click on “Top Up to PayPal” and enter the amount you want to top up in Kenyan shillings. You will see the top up fee and the estimated processing time.
3. Click on “Continue to Top Up” and note down the Pay Bill number and the account number.
4. Go to your M-PESA menu and select “Lipa na M-PESA”.
5. Select “Pay Bill” and enter the Pay Bill number and the account number that you noted down.
6. Enter the amount you want to top up and your M-PESA PIN.
7. You will receive a confirmation SMS from M-PESA and an email from PayPal. You will also see a success message and your updated PayPal balance on the website.

Here are some examples and scenarios to help you understand the top up process and the estimated processing time:

• Example 3: You want to top up KES 10,000 to your PayPal account using your M-PESA balance. You will pay a top up fee of KES 400 (4% of KES 10,000) and receive KES 9,600 in your PayPal account. The estimated processing time is 2 hours.
• Example 4: You want to top up KES 50,000 to your PayPal account using your M-PESA balance. You will pay a top up fee of KES 2,000 (4% of KES 50,000) and receive KES 48,000 in your PayPal account. The estimated processing time is 4 hours.
• Scenario 3: You top up your PayPal account using your M-PESA balance on a weekday during working hours. You will receive your money in your PayPal account within the estimated processing time.
• Scenario 4: You top up your PayPal account using your M-PESA balance on a weekend or a public holiday. You will receive your money in your PayPal account on the next working day.

Conclusion

In this article, we have shown you how to link your PayPal and M-PESA accounts and how to withdraw money from PayPal to M-PESA. We have also shown you how to top up your PayPal account using your M-PESA balance. By using these services, you can enjoy the convenience and security of transferring money between your online and mobile wallets.

If you have any questions or feedback, you can contact the PayPal Mobile Money Service with M-PESA customer support team via email, phone, or social media. You can also visit their website and FAQ page for more information and guidance. We hope you find this article helpful and happy online money making!