Thursday, September 26, 2013

How to withdraw online payments from PayPal and Skrill in Kenya



For many people living in Kenya, it has been hard withdrawing their online payments from international payment processors like PayPal and Skrill (formerly MoneyBookers). Most affected are freelancers who sell their skills online. It can be very hard withdrawing your money after payments. Sure Skrill offers a way to move your money to a Kenyan bank through wire transfer, however it takes days. Say 3-5 days.

The guys at strecthGo.com can help you withdraw your money from PayPal to Mpesa but I am afraid the last time I used their services, their exchange rate was low. If you work hard for your money, you need to ensure that you make every little savings. There are other sites that claim to offer services but I found them wanting. Some of their websites were even broken and withdrawing money from them is a huge risk.

I have heard good reviews about NationHela. Coming from a reputable media company and confirmed to work, it is a good payment solution. You can sign up for your NationHela card from distributors countrywide.  DTB bank is one place to apply for one. The advantages of having the card are that you can withdraw your payments from PayPal to Kenya. The only problem I have with the card is that money takes 2-3 days to arrive in your account.
Recently Equity bank became the second bank in Africa to allow PayPal payments. Receive your money to your local bank account. Talk to your bank and I am sure they will explain it to you.

How to withdraw your money immediately
When I realized that you can withdraw directly from PayPal to Kenya I was happy that I was no longer going to lose my hard earned cash through money changers. The good part is that if you get paid via Skrill, you can withdraw instantly too. How is this possible and why have I never heard about it?

A Payoneer debit card is the easiest way to manage your online payments. Better still, when you apply for the US Payment service, it allows you to get paid directly by many US companies like PayPal, Skrill(MoneyBookers), Amazon, Apple etc. The ease with which you can access your money is amazing. You can withdraw your money from millions of MasterCard branded ATMs worldwide. That includes nearly all banks in Kenya. PesaPoint outlets are also MasterCard branded and you can get your money from there.
Even better than withdrawing your money is shopping with your card. You can pay with your card at millions of MasterCard points of sale worldwide. You pay no charges for that.

How do I get my card?
You can apply for a Payoneer debit card by clicking thislink. After successful application, you will receive your card by post. Login to your account and activate it. You can load money to your card for spending or use it to get paid worldwide.

The advantages of having a Payoneer debit card are many and varied. I wrote another detailed post about the card and its advantages. You can read it to get an idea of what you will gain by applying. If you have any questions you can post them on the forum and I will answer them.