How to Create a PayPal Account in Pakistan? Step-by-Step Guide 2023
If you’re an entrepreneur or freelancer in Pakistan, you know how crucial it is to have access to international payment gateways such as PayPal. Unfortunately, due to regulatory and legal constraints, PayPal is not directly available in Pakistan. Read the full article to find out “How to Create a PayPal Account in Pakistan.”
Creating a PayPal account from Pakistan can be a daunting task, but it’s not impossible. In fact, I was able to successfully create my own PayPal account and use it for my online business transactions.
In this article, I’ll guide you through the step-by-step process that I used to create my PayPal account and start using it successfully.
9 Steps to follow to open PayPal from Pakistan:
Step 1: Buy a virtual UK address and phone number. You can easily purchase these online from various providers.
To get a registered virtual business address in the UK for Private Ltd company formation. Click here
Register a UK Phone Number (Vyke)
Step 2: Register a UK limited company using your original ID (NIC) and Pakistani passport. This can be done through an online company formation service or you can do it on your own.
REGISTER A UK PRIVATE LIMITED COMPANY
Click here
Watch the tutorial “How to Register a UK Company from Pakistan?”
Step 3: Buy a UK VPS (Virtual Private Server) to access PayPal from a UK IP address.
This is important as PayPal requires users to have a UK IP address to register a UK business account.
Step 4: Once you have registered your UK company, create a UK company account on Wise (formerly known as TransferWise).
Use your company details such as phone number, virtual UK address, and other relevant information to verify the account.
You will also need to verify the account with your virtual UK address, phone number, and your original ID.
Step 5: Create a second individual account on Wise using your Pakistan identity.
This account should be created from a Pakistan IP address and your original NIC and Passport.
Step 6: Create a PayPal account and verify it with your UK-limited company details.
Link your UK company Wise account with PayPal.
Step 7: Withdraw funds from PayPal to your UK company Wise account in minutes without any fees.
Step 8: Once you have received funds in your UK company Wise account, log in to Wise and transfer funds to your individual Wise account from your UK company account.
Step 9: Once you have received funds in your individual Wise account, withdraw funds into your local Pakistani bank account in minutes. Wise charges a minimal transaction fee for this.
Conclusion:
Creating a PayPal account in Pakistan can be challenging, but there are alternative methods available.
By following the steps above, you can create a fully functional PayPal account and use it for international transactions.
It is important to note that this method may involve additional costs and efforts, and it is recommended to consult with a legal or financial professional before proceeding.
