What is PayPal?
PayPal Holdings, Inc. is an American company operating a worldwide online payments system that supports online money transfers and serves as an electronic alternative to traditional paper methods like checks and money orders. The company operates as a payment processor for online vendors, auction sites, and other
How can you receive payments in Tanzania through PayPal
If you want to start online business in you reside in Tanzania you have to know how you can buy and sell online and get paid through online
To withdraw money through PayPal in Tanzania is big challenge,Online payment through PayPal in Tanzania is not available by this time ,in Tanzania you can only send money through PayPal
Recently to withdraw Money through PayPal account was done but through sending the money in PayPal account to Payoneer account then was able to withdraw by now that link of PayPay and Payoneer account is not anymore linked,The system are not set i think the problem with the Bank of Tanzania(BOT) regulations are not set to allow the service through Tanzania banks to offer this online service well.
The alternative to PayPal
The alternative to PayPal is 2CheckOut. 2CheckOut is an online money payment system; they have been in business for over 9 years. They charge a onetime fee of $49 and 5.5% commission on each transaction plus a $0.45 charge per transaction.
2CheckOut accept merchant from all countries except merchants from countries like North Korea, Cuba, Iran, Sudan, Syria, Myanmar (Burma). They also accepts customer orders via MasterCard, VISA, Discover, online checks, JCB, PayPal, PayPal Pay Later, FXSource,and debit cards with VISA and MasterCard Logo.
2CheckOut can easily transfer your funds with them to your local bank account through wire transfer in your local currency. If you don’t want to wait for bank transfer i.e. if you want your money very fast, 2CheckOut offers a Payoneer Reloadable Debit MasterCard. One great feature I love about this card is that it can be use to withdrawn funds from any ATM that has MasterCard logo around the globe.
Some Great Benefit You Will Derive From the Payoneer Reloadable Debit MasterCard
With Payoneer debit card, your payment is secure and fast. You have immediate access to your funds
No bank account required
You can track and view your transactions and balance online 24/7
You can make purchase online with this debit card and can withdraw from any ATM that accepts MasterCard worldwide
If your MasterCard is Stolen or missing, you can ask for a replacement card and your balance will be transfer to the new card then Payoneer will ship it to you.
About the Author
Mussa Msemakweli is a technology entrepreneur, Book writer and digital marketing expert. He is currently C E O at the Africa shared . His work has been featured in a number of publications, including the Maisha halisi Magazine and on Culture trip. If you have a good time follow me on facebook and instagram or leave a comment, Thanks.
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