The Ultimate Guide to Make a Deposit on PayPal from Nigeria

If you want to learn how to make a deposit on PayPal in Nigeria, you’re in the right place.

PayPal is one of the most widely used online payment systems, accepted in over 200 countries. So whether you’re paying for international purchases or receiving payments, PayPal makes it easy.

But for Nigerians, that’s not the case. Since PayPal restrictions only allow sending and not receiving money, it makes sense why most Nigerians only focus on making deposits.

In this guide, you’ll learn exactly how to make deposits on PayPal from Nigeria using SwyftPay’s virtual USD cards.

Why Nigerians Face Challenges with PayPal Deposits

Before looking into the solution, let’s understand why PayPal deposit issues are so common in Nigeria:

Government Restrictions: The Central Bank of Nigeria (CBN) has implemented strict foreign exchange policies that severely limit international transactions using local bank cards, including those with PayPal.
Card Limitations: Nigerian USD bank cards typically come with restrictive daily and monthly spending caps, often as low as $20.
PayPal’s Regional Policies: PayPal has a stricter requirement for Nigerian accounts due to fraud concerns.

Requirements to Make Deposits on PayPal with Swyftpay

Before you can start funding your PayPal account from Nigeria, make sure you have the following:

A Swyftpay Account

Download the Swyftpay app from the Google Play Store or Apple App Store, and sign up for your free account. Or you can register using the web.

A SwyftPay USD Card

Choose a Swyftpay USD Card from the two options:

Flashcard: This is a temporary virtual USD card designed for one-time payments or purchases. It can only be funded once and expires after 30 days, making it ideal for single transactions like funding your PayPal account. This way you can avoid paying for maintenance fees.
Permanent USD Card: This card is meant for recurring payments, like monthly subscriptions or services with auto-renewals. It lasts for 4 years and can be used for continuous payments without worrying about card expiration.

Your PayPal Account

A fully registered and verified PayPal account.

How to Make Deposits on PayPal Using SwyftPay Cards

Note that these steps are the same for Android and iOS.

Step 1: Set Up Your SwyftPay Account

Download the SwyftPay App

First, visit your device’s Play Store or app store and search for “SwyftPay.” Download and install the application on your phone or tablet.

Create Your Account

After installation, launch the SwyftPay app and tap the “Sign Up” button. You will be asked to enter your phone number, email address, and create a password.

Complete KYC Requirements

Once your account is set up, you will need to complete the Know Your Customer (KYC) process. Upload your identification documents, such as your National ID, driver’s license, or international passport to verify your identity.

Step 2: Create Your SwyftPay Virtual USD Card

Fund Your SwyftPay Wallet

Start by going to your SwyftPay dashboard and tapping on your Naira account to fund your wallet. Fund your Naira account through bank transfer, then proceed to convert your Naira to USD to be able to fund your USD card.

Generate Your Virtual USD Card

Next, navigate to the “Virtual Cards” section of the app.

screenshot showing how to create a virtual card on Swyftpay's mobile app

Screenshot from Swyftpay

Tap “Create New Card” and select the card option you need (Flashcards or permanent USD cards).

Screenshot from Swyftpay

You will be asked to enter the amount you want to fund your new SwyftPay USD card with.
Once you’ve entered the amount, complete the card creation process.

Afterward, be sure to save your card details — the card number, expiration date, and CVV associated with your card — so you can use it for your PayPal deposit.

Step 3: Link Your SwyftPay Card to PayPal

Login to Your PayPal Account

To get started, open your web browser and go to PayPal.com, or launch the PayPal app on your phone. Sign in to your PayPal account with your username and password.

Screenshot from Paypal

Add Your SwyftPay Card

Once logged in, click on “Wallet” at the bottom of the page to access your payment methods. From there, select “Bank and Cards” and choose the option for “Credit or Debit Card.” Enter your SwyftPay virtual card details, including:

Screenshot from Paypal

After filling in the details, click “Add Card” to proceed to the next step.

Verify Your Card

PayPal might initiate a small verification charge, usually around $1–$2. This charge is temporary and will be refunded later, and the card will get fully verified in a few hours.

Step 4: Deposit Funds to Your PayPal Account

Initiate the Deposit

Once logged into your PayPal dashboard, click on “PayPal Balance” and select “Add Money from bank or Card.”
Then, choose the SwyftPay card you’ve linked to your PayPal account.
Enter the amount you wish to deposit into your PayPal account and review all the details.
When you’re ready, click “Add” to proceed with the deposit.

Confirm the Transaction

PayPal may prompt you to verify the transaction for security purposes. You will likely receive a confirmation code via SMS or email.

Enter this code when prompted to complete the transaction.
After entering the code, wait for confirmation from PayPal that your deposit was successfully processed.

And just like that, your PayPal account is fully funded and available for all your payments and purchases.

Make Easy Deposits with Swyftpay

PayPal restrictions no longer need to be a problem for Nigerian entrepreneurs and shoppers. With SwyftPay’s virtual USD cards, you can now reliably deposit on PayPal from Nigeria with ease. Download the SwyftPay app today and experience the simplest way to deposit on PayPal in Nigeria!

For any more questions, reach our customer care via email.

Frequently Asked Questions (FAQs)

1. Can I Fund PayPal with Naira?

Unfortunately, you cannot directly fund your PayPal account with Naira. PayPal requires all payments to be made in USD or other supported currencies. This means that Nigerian cards, especially Naira-denominated cards, often face issues due to international transaction restrictions and currency conversion challenges.

2. How Long Does It Take For My PayPal Deposit To Go Through?

Once you’ve added your SwyftPay card to your PayPal account, the deposit should be processed instantly. If there’s a delay, it’s usually due to an issue with card details or funding. And if it persists, you might need to reach out to PayPal’s customer care.

3. How Much Does PayPal Charge For Deposits?

PayPal generally doesn’t charge a fee for deposits when you link a card. However, currency conversion fees may apply if your card is in a currency different from your PayPal account’s default currency.

4. Can I Receive Money With My PayPal Account In Nigeria?

No, Nigerians cannot receive any payments with their Nigerian PayPal accounts. But they can send money and make payments to merchants around the world using PayPal.

How Nigerians Can Make Deposits On PayPal Using Swyftpay Cards