What is Paypal?
PayPal is a global e-commerce business allowing payments and money transfers to be made through the Internet. Online money transfers serve as electronic alternatives to paying with traditional paper methods, such as checks and money orders.
PayPal is an acquirer, performing payment processing for online vendors, auction sites, and other commercial users, for which it charges a fee. It may also charge a fee for receiving money, proportional to the amount received. The fees depend on the currency used, the payment option used, the country of the sender, the country of the recipient, the amount sent and the recipient's account type.
Does Paypal support Nepal or vice-versa?
Not yet. You can create an account in Paypal but cannot deposit or transfer funds from your account. So it''s useless thinking about creating a Nepali Paypal account.
So is there any way I can use Paypal in Nepal?
Yes, you can. Just create an account using a country that is supported by Paypal and verify it using VCC.
For the list of countries that is supported by Paypal visit - https://www.paypal.com/worldwide/
To get a VCC to verify your Paypal account Visit our page - http://easyearningnepal.blogspot.com/p/get-paypal-verified.html
How to verify Paypal using VCC?
That's quite Simple follow the steps below - (Please Click on the pics to enlarge)
Step 1: Buy a Virtual Credit Card with lowest value.
Step 2: Login to your Paypal account, you will see: Status Unverified Get verified:
This interface will show you to add information of your virtual credit card:
- Card type: You choose: Visa.
- Card number: You add your Virtual credit card number.
- Expiry date: You add Expiry date of virtual credit card.
- Security code: You add CVV2 of virtual credit card.
Card number, Expiry date and CVV2
(Some Vendors may provide you these informations about your card directly)
Step 4: Paypal will send to your virtual credit card 4-digit code to make sure it's yours and Paypal will charged 1.95$ or so from your card
Copy 4-digit eg - PP*6133CODE 4029357733 SG , it's 6133.
Step 7: Login to your Paypal account and click on: Confirm my debit or credit card.
Step 8: You will see the form to add 4-digit code.
Paste or type your 4-digit code from Step 6 to here and click Confirm Card.
That's it.....Congratulation! Your Paypal was verified and unlimited!
