Listen to audio version
PayPal in Botswana is a relatively new thing. Everyone has who has ever been on the internet long enough knows about the online payment system giant PayPal. We are here to give your this essential guide on how to use PayPal in Botswana. PayPal is an online system that allows you to shop and pay for things online, send and receive money, safe and secure. You link your PayPal account to your bank account, credit card or debit card, and can use PayPal to make purchases online with participating stores.
PayPal has partnered with First National Bank (FNB) in Botswana to allow you to withdraw money from your PayPal account to your Individual or Business FNB bank. You need to follow the steps to verify your PayPal account and your FNB account to be able to withdraw. FNBB charges 1.5% of the US Dollar (USD) amount for exchange per withdrawn transaction.
How does PayPal in Botswana work?
With a verified PayPal account you can receive money when someone sends a payment to your linked email address or mobile phone number. Once that happens, we’ll send you a message letting you know you have money available. … You can either keep the funds in your PayPal account, or use the available balance to send money to others or to shop online.
Is using PayPal in Botswana safer than debit card?
Paying through PayPal is safer than just using your debit or credit card. Merchants (as well as hackers, thieves and anyone else privy to the sale or purchase) see your email address, your PayPal username, and some personal information when you use PayPal, not your account details.
What do I need to receive money?
When using PayPal the person sending money only needs to know the email address or mobile phone number liked to your PayPal Account. When the money is sent, you receive a PayPal email advising you to now can claim that money.
How long does it take to receive money into my PayPal?
If you sent money from your own bank account to your PayPal account, the money will usually be available in a few minutes. If you requested PayPal to take money from your bank account, it will take 5 to 7 working days to show.
Does money paid to PayPal automatically go into your bank account?
No. You have to transfer money from PayPal to your bank account and this is almost always free (unless your bank charges a transfer fee). If you have linked your bank account to your PayPal account, you can easily transfer money using the PayPal web browser or the PayPal mobile app on your phone.
Can you get scammed?
PayPal has a solid reputation for safety and security, which makes it the first choice for many businesses who need a way to receive online payments, and it offers it is a faster and safer process than entering credit or debit card information. Fraud and criminal activity do still happen on PayPal. Skymart’s Sky Seller Program can help you eliminate some of the risks associated with selling online by helping you accept PayPal payments for your online eCommerce Shop on the Skymart Marketplace.
Where can you buy with PayPal in Botswana?
There are very few places that accept payments via PayPal in Botswana, however, you are in luck as we have the best place you can spend your PayPal balance on something tangible. This is by purchasing goods or services online on the popular eCommerce marketplace Skymartbw.com. On Skymart they offer you the ability to buy online using your PayPal account funds and they will deliver the goods straight to your doorstep, below are the steps you should take to buy online on skymartbw.com and pay with PayPal;
- Visit www.skymartbw.com and start searching for the products you want to buy
- After you have found what you are looking for add the item to your cart
- Next go to your cart page and verify the items you want and the quantities, once you are happy click Proceed to Checkout
- On the next page, fill in your email address and optionally create an account, then fill in your name and physical address
- Click on continue to shipping, and select your preferred shipping method
- Then click on Payments and here make sure to select PayPal as your preferred payment method
- Then accpet the terms and conditions and click place order,
- You will be directed to a PayPal page where you can log into your PayPal account and make a payment with PayPal funds
- Skymart will receive your order and rocess your order for delivery