PayPal is a trusted brand and partner to over 250 million customers in 200+ markets around the world. Discover a secured way to get online payments in seconds.
Get Paid with PayPal and withdraw with FNB. PayPal is one of the world's leading digital payments platform. Whether you're a business owner or a freelancer, with PayPal you can easily accept payments from anyone with an email address whether it is for a job you did, goods you sold or services you provided.
Joining the service is simple. Open a Business PayPal account (it's free) + register for the FNB Online Banking profile, and withdraw money to any South African bank account.
As a buyer, when you sign-up for PayPal, enter your credit card details once and then use your PayPal username and password to shop online with millions of merchants around the world.
A buyer and a seller (merchant) each have a PayPal account.
A user links their credit or debit card to their PayPal account.
When purchasing from a merchant who accepts PayPal, PayPal debits the payment method linked to the buyer's PayPal account.
The merchant can then withdraw the funds to their South African bank account or an FNB Business USD Global Account (CFC) through FNB.
Increase your conversion rate as customers see the PayPal logo as a sign of trust. Peak buying countries include the United States, Canada, UK, Australia, Germany and France.
A faster checkout means more sales. PayPal One Touch™ checkout saves customers' payment details, they can speed through checkout with fewer screens.
Send money in a few seconds any time, anywhere.
Seller Protection is available for your eligible payments.
Buyer Protection is available for your eligible purchases.
If you aren't happy with your order, we'll refund the cost of sending it back. Activate this benefit to get refunded for up to $30 on 12 eligible purchases a year.
Do you need to pay suppliers in USD? It is possible to
withdraw your PayPal funds into an FNB Business Global
(CFC) account, effectively allowing you to retain credit
card payments in USD. This helps lower the risk and cost
incurred with exchange rate fluctuations and double
Customers must be registered for the FNB PayPal service on www.fnb.co.za. To withdraw to an FNB Business USD Global Account (CFC) please contact firstname.lastname@example.org for more information.
PayPal stringent security standards aim to ensure that every part of every transaction is safe and secure - for you and your customers. PayPal's robust reporting centre gives your insight into your business so you can optimise your expenses and plan for future orders and growth
Note that a withdrawal from your PayPal account takes 3 to 5 business days to reflect in your linked South African bank account
A top up takes less than 10 minutes to reflect in your PayPal account.
For more details on PayPal's fees please visit https://www.paypal.com/za/webapps/mpp/ua/useragreement-full#exhibit_A
You need to ensure that you comply with all South African Reserve Bank regulations as this is a cross border payment.