Before we embarked on how to withdraw money from PayPal to your M-PESA account, firstly let us look at What is PayPal Mobile Money Service with M-PESA.
According to Paypal Mobile Money Services, The PayPal Mobile Money Service with M-PESA is a money transfer service for PayPal and M-PESA customers, provided by Transfer To in partnership with Safaricom and PayPal.
To qualify, you must have an eligible Kenyan PayPal and M-PESA account. When registering to use the service, you’ll link your two accounts and will be able to move your money from one to the other.
Now, How to withdraw money from PayPal to your M-PESA account?
Follow below steps to withdraw money from PayPal to your M-PESA account
- After completing the registration, click Withdraw.
- Your available balance will be displayed. You will only be able to withdraw money up to the available USD balance shown in your PayPal account. If you hold a balance in your PayPal account in a different currency, please log in to your PayPal account at paypal.com/ke and convert the money into USD.
- Enter the amount you would like to withdraw from your PayPal account in USD.
- You will be redirected to a page showing the amount to be received in KES, the exchange rate used for the currency conversion, and the estimated transaction processing time.
- Confirm and complete the withdrawal of funds.
After you have confirmed the transaction, it takes between 2 hours to 3 calendar days to process a withdrawal from your PayPal account to your M-PESA account, depending on the transaction value. The estimated time will be presented to you before confirming the transaction.
Also you can read: How do I top up my PayPal account using my M-PESA balance