First Bank brings PayPal to Nigerians [DETAILS]

by Kolapo Olapoju


PayPal, one of the world’s leading e-commerce payment platforms that has developed a fast, reliable and secure system, with expansive global operations.

PayPal, a popular online platform, has been out of thee reach of Nigerians who transact a lot of business and shop online but with its entrance into the country, it creates a link with Asia, North America, Europe and beyond. Online transactions can now be done on almost every site, albeit PayPal accounts have a transaction limit of about $250 until the account is verified.


Group Managing Director / CEO, Mr Bisi Onasanya, while speaking about the importance of the PayPal Partnership, he said, “In the rapidly globalising world, an e-commerce payment solution requires the energizing competitive environment presented by a rapidly growing company like PayPal, with quite impressive growth statistics, enabling its customers to send, receive, and hold funds in 25 currencies.”

“There is no doubt that this partnership will be an instant hit. This partnership is, therefore, opportuned at this time of accelerating e-commerce evolution in Nigeria. It is equally noteworthy, as it syncs with FirstBank’s enhanced service solutions for its SME, e-business, mobile banking and Online banking customers.”


For customers to get a PayPal account, they simple have to open a FIrstBank account and register for the online banking platform, FirstOnline. After which they log into FirstOnline, create a PayPal account from there and select what cards you want to link to your PayPal account.

Creating a PayPal account through FirstBank means the account will be immediately verified, giving customers more freedom to transact. This partnership is exclusive to FirstBank and therefore has an edge over other institutions in Nigeria which have access to the PayPal platform.



PayPal has over 148 million accounts in 26 currencies spread over 203 markets around the world; while FirstBank is a leading Nigerian commercial bank with over 750 branches across Nigeria with cards accepted in over 200 countries


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Comments (13)

  1. You can even Sign up for FirstBankPayPal from where ever you are and your account gets verified, unlike other banks where you have to first open a PayPal account, then begin the whole verification process. Good one from FirstBank.

  2. Plus the fact that with other banks, you cant spend more than $250, but with FirstBank you have unlimited transaction limits…

  3. I have been considering getting a PayPal account for some time now, since FirstBank offers a less stressful verification process and more freedom to transact, I will get my PayPal account through FirstBank… It makes a lot of sense..

  4. I can now buy things without worrying about too many restrictions and limits.. #FirstBankPayPal

  5. WOW! we firstbank customers stand to gain a lot from this..really nice

  6. 3 gbosa for Firstbank… gbosa! gbosa!! gbosa!!!!!

  7. WOW…FirstBank just keeps blaizing the trail..This is one amazing innovation. I’m so proud to bank with FirstBank.

  8. HMMM..this is so dope! #firtbankpaypal

  9. Now i can shop all i want from a safe platform..I trust FirstBank!

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