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How to withdraw money from PayPal to MPesa in Kenya

by Louis
Published: Last Updated on
PayPal to MPesa

Withdrawals from PayPal to MPesa are now formally achievable through a union between PayPal and Safaricom. The brand-new service is performed by TransferTo, a B2B mobile payment company.

To withdraw the funds, you need to do the following:

1. Have a PayPal account.
2. Go to paypal-mobilemoney.com/m-pesa and click on login (top right corner).
3. You will be prompted to log in and thereafter agree to terms of using the service.
4. Add your M-Pesa phone number.

How to withdraw money from PayPal to MPESA

  • Log into your account at paypal-mobilemoney.com/m-pesa and click “Withdraw”.
  • 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 money.

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Others

  • Cost – You will be charged a 3% conversion fee of the amount withdrawn.
  • Exchange rate – It will appear before confirming the transaction for withdrawal
  • Withdrawals period – It takes between 2 hours and 3 days for the money to hit your M-Pesa account depending on the withdrawal amount. The higher the amount, the longer it will take.
  • Withdrawal amount – M-Pesa accounts can only hold Ksh. 100,000 at any one time so be cognizant of that when downloading.
  • Transaction limits – Ksh. 70,000 per transaction and Ksh. 140,000 per day.

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