PayPal Withdrawals Made Quick And Easy With Equity

Last year, Equity launched a ground- breaking solution to expedite PayPal withdrawals to help customers transfer funds easily from PayPal to their account.

The service reduced the time it takes to have PayPal settlements reflected in your bank account to only 1 working day.

In this article, we walk you through the details of Equity’s PayPal Withdrawal Service, which ensures seamless and efficient transactions.

The Need for Speed

Equity understands the demands of its customers for faster and more efficient transactions. With an increasing number of Kenyans engaging in online freelance work and relying on PayPal for international payments, speed is of the essence.

Recognizing this, Equity has reduced the settlement period for PayPal withdrawals from 72 hours to just 1 working day.

This means you can now access your funds in your Equity Bank account in no time.

Leading the Way

Equity is proud to stand out as the fastest PayPal settlement service provider in Kenya.

While other providers take up to 72 hours to settle withdrawals, Equity cuts through the waiting time, offering a swift solution.

This reduction in settlement period is crucial as Kenya’s e-commerce ecosystem continues to grow rapidly.

With projections estimating the country’s e-commerce market volume to reach an impressive US$2 billion by 2024, Equity is committed to meeting the demands of this thriving industry.

The Benefits of PayPal

PayPal is a reliable and secure payment management solution widely used by freelancers and individuals worldwide.

With over 200 million active users globally and processing an astounding US$300 billion in transactions during the second quarter of 2021 alone, PayPal has become a trusted platform for international payments.

READ ALSO: Payments Solutions Firm Unlimit Expands Operations into Kenya

It allows users to send money to friends and family worldwide, free of charge, making it an ideal choice for global financial transactions.

Equity is the sole commercial bank in Kenya that offers the PayPal withdrawal service.

How It Works

Getting started with the Equity Bank 1-day withdrawal service is a breeze. If you are an existing Equity Bank customer, simply visit your nearest branch and link your bank account to PayPal.

New customers can sign up for the service during the account opening process.

Once you are set up, you can take advantage of the exclusive Bank Withdrawal Service, enabling you to transfer funds from your PayPal account directly to your Equity Bank account.

Here is a step-by-step guide:

Register on PayPal: Sign up for PayPal using your email address as your user ID.

Ensure you have a valid email ID and an Equity Bank account.

In your PayPal profile, enter your Equity Bank account details to link the two accounts.

For Online Registration:

Verify your Equity Bank account: PayPal will transfer small amounts of money, (usually $0.1 and $0.25) into your Equity Bank account to verify your bank details.

Once you receive these amounts, enter the exact values in your PayPal profile to complete the verification process.

Congratulations! Your PayPal account is now verified and ready for seamless money transfers.

Make payments through PayPal: Use your PayPal account to send money to loved ones worldwide or import goods from anywhere in the world.

Simply request the PayPal email ID of the recipient, enter the required amount in your PayPal account and voila! PayPal will withdraw the funds from your bank account or charge it to your Equity Bank credit card if linked.

Please note that PayPal charges a minimal processing fee for business transactions, and it is advisable to negotiate with the payee regarding transaction costs.

Whether you are a freelancer, an online business owner, or simply someone who wants quick access to their funds, the Faster PayPal Withdrawal Service from Equity Bank is here to make your life easier.

To Download the Equity Mobile App, please use the links below:

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Jacktone Lawi

Meet Jacktone Lawi, a seasoned technology journalist with years of experience in the industry. I have developed my passion for technology during my formative years, which has been instrumental in shaping my career trajectory. My expertise lies in reporting on emerging technologies and their impact on businesses and consumers worldwide. Through my experience I’m well-versed in covering topics such as artificial intelligence, blockchain, cybersecurity, cloud computing, and digital transformation, among others. Throughout my career, I have has demonstrated an exceptional ability to distill complex technical information into accessible and engaging content that resonates with my readers. My writing style is clear, concise, and informative, allowing me to communicate even the most technical concepts to a broad audience. Beyond my writing skills, I have also become known for extensive network of industry contacts and ability to secure exclusive interviews with high-profile figures in the technology world. These connections have enabled me to gain unique insights into the latest trends and developments in the field, giving me a competitive edge in my reporting. In addition to my work as a journalist, I’m also actively engaged in the broader technology community. Where I regularly attend conferences and events, share insights and stays up-to-date on the latest innovations in the industry. Overall, my wealth of experience as a technology journalist have given me a deep understanding of the industry and its impact on society.

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