Monday, July 8, 2013

How to withdraw Paypal in Nepal?

Last updated on: 11 April 2015

Lot of Nepalese seems to be earning online these days but it seems that they are facing problem when it comes to receiving online payments. Everyone who has been on internet for quite a bit searching online earning opportunities, knows what paypal is all about.

Paypal is the most popular payment gateway worldwide. Its very easy to receive and transfer money online through paypal. But due to the banking laws of Nepal, nepalese can't receive any payment through paypal even though they can make payment. Even for naking payments, you have to link credit card to your account which is not viable for most of the Nepalese.

Hence, what most of the internet freak tends to be doing is that they make fake accounts from either canada, usa or somewhere else and use the paypal for receiving payments from various vendors. Some may go through difficult formalities of getting payoneer card or virtual credit card. And end up paying some expensive charges per withdrawal to get money in their hand and also for maintaining the account.
Even in case you make fake accounts with USA, Canada as your country, the problem lies in getting the money in your hand. Either you have to use up those money unnecessarily (in most of the case) buying some stuffs online which would accept paypal.

Hence, to address this problem for most of the Nepalese and facilitate them to withdraw paypal in Nepal, we have comeup with a service.

Steps of withdrawing paypal in Nepal:

  1. Send us a private message at our facebook fanpage or give us a call:
    Facebook: Paypal in Nepal
  2. We will reply to your query and send you our details i.e email id of our paypal account, way to transfer it
  3. Once you receive the detail you can transfer your money to our paypal account.
  4. After the transfer is made, inform us with your transaction detail (paypal account id, amount), Your Nepali bank account details ( Remember it is necessary to have a Nepali bank account to receive payment. We will deposit the amount in your bank account).
  5. After processing the payment, we will deposit/transfer the money to your bank account within 2-4 (mostly 2) days after charging applicable fees.
Note: We accept both verified and unverified paypal accounts. Foreign citizens can also withdraw their paypal money in Nepal but charges applicable is little higher.

Applicable charges per withdrawal:

For Nepali citizens:
Rs. 250 + 5% of the transaction amount.
[This includes: Paypal charges of cross border payment- ($0.3 + 3.9% of transaction amount) + Our service charge]

For Foreign citizens (Nepali Bank account not necessary)
Rs. 500 + 7% of the transaction amount.
[This includes: Paypal charges of crossborder payment- ($0.3 + 3.9% of transaction amount) + Our service charge]


Let us know what you feel about this new service.