For Ghanaian PayPal users, the inability to withdraw or transfer funds to a bank account due to fraudulent activities has been a longstanding concern. However, a new withdrawal method is here to provide a solution, and we’ll guide you through the step-by-step process of adding a bank account to your PayPal account:
- Sign in to your Payoneer account: Begin by logging into your Payoneer account.
- Navigate to the “Receive” tab and select “US Payment Service”: In your Payoneer dashboard, find the “Receive” tab and select “US Payment Service.”
Copy the information of the US Payment Service account: Once on the “US Payment Service” page, you’ll see a list of receiving accounts. Copy the information related to the US Payment Service account associated with your Payoneer account.
Log in to your PayPal account: Visit the PayPal website and log in to your PayPal account.
Click on “Wallet” at the top of the page: After logging in, click on the “Wallet” option located at the top of the page.
Under the “More” section, click on “Link a bank account”: In the “Wallet” section, under the “More” category, you’ll find the “Link a bank account” option. Click on it.
Select “Checking” as the account type and enter the bank name as “Wirecard Bank AG”: In this step, you’ll need to specify the account type as “Checking” and enter the bank name as “Wirecard Bank AG.”
Paste the account details from Payoneer: Here, paste the account details you previously copied from the Payoneer US Payment Service into the required fields, which typically include the account number and routing number.
Click “Agree and Link” to proceed: Once you’ve entered the necessary details, click “Agree and Link” to proceed with the linking process.
PayPal will review the account information: PayPal will take some time to review the account information, which may take a day or two. You’ll receive a confirmation email once this process is completed.
10 .Confirm your bank account: To confirm your bank account, PayPal will make two small deposits into your Payoneer account. Keep an eye on your Payoneer transactions to identify these deposits.
- Log in to your PayPal account and confirm the deposits: Once you’ve received the deposits, log in to your PayPal account, click on “Wallet,” and select the linked bank account. Enter the two deposit amounts and click “Confirm.”
Your PayPal account is now linked to your Payoneer account: After successfully confirming the deposits, your PayPal account will be officially linked to your Payoneer account.
Please note that linking a PayPal account to Payoneer may involve certain limitations and fees. Therefore, it is advisable to review the terms and conditions of both platforms thoroughly before proceeding. This new method should offer a viable solution for Ghanaian PayPal users to access and manage their funds more conveniently.