We often hear that PayPal doesn’t work in Pakistan, but at the same time, we hear that people are using a PayPal account somewhere in Pakistan, so the question that usually comes to mind is, how to create a PayPal account in Pakistan?
Today we will try to answer all your questions in this post.
Creating a PayPal account
PayPal has three types of accounts:
- Business account
It is the basic account intended for shopping, sending, and receiving money between family and friends.
This is for people who own their business; it is capable of mass transections and generates invoices on the go. Keep in mind that there are two types of business accounts,
In a standard account, PayPal act as a middle man, and all the check-outs go through PayPal, whereas in a professional you can design the type of checkout process. As good as this sounds it the professional comes are a whapping 30 dollar price tag a month.
PayPal account in Pakistan
There are many ways to make withdrawals as an online resource, but one of the best ways to do this is through a PayPal account. It is used all over the world and people from outside the country never find it difficult to create this account. Most online jobs rely on PayPal to send payments to their customers. Paypal is not officially available in Pakistan.
Create a PayPal account in Pakistan
These are the questions people ask most often, so we’ll try to answer them all in this article, but first, we’ll tell you about “How to Make PayPal in Pakistan”. We will answer all of them in this article.
To create a PayPal account in Pakistan, you need to follow a few steps. However, if you have a family member abroad who has a PayPal account, you do not need to complete the PayPal registration form.
Obtain an address in the UK:
First of all, people who want to create a Paypal account must obtain an address in the UK. To get a registered address, individuals have to pay £ 12 per month.
Apply for a UK virtual SIM:
The second step is to apply for a UK SIM card. You can use the mobile virtual network registered at your UK address.
Also read: How to find your PayPal account number?
Register a limited liability company based in the UK:
After applying for a UK SIM card, register your UK-based limited partnership. You also have to pay a fee to register.
Individuals who have applied for a UK address and a company can both pay via a Pakistani debit/credit card, or they can also use the virtual UBL Wiz card, which is internationally accepted for electronic payments.
Apply for a UK bank account:
After applying for the above funds, you must now apply for a UK bank account. To do this, you can use TransferWise Bank for the corporate account or for the personal bank account using your Pakistani passport along with the UK address and number. After approval of the bank account, activate the new debit card from your UK bank and perform at least one transaction to generate a bank statement.
Buy a UK VPS service:
Now you need to purchase a VPS service (a virtual private server that allows you to host your websites and applications in a completely isolated virtual environment) from the UK. The service costs $ 12 per month.
Apply for a PayPal business account using the UK VPS server:
After purchase, you will need to connect to your UK VPS server and apply for a PayPal business account along with your UK-based business details. For verification purposes, submit your UK-based business registration document along with the bank statement. After verification, you can legally enjoy all PayPal services.
However, there are still some websites that provide good services for freelancers.