Opening a PayPal Account in Nigeria with FirstBank Ltd : The Basics

Last month, First Bank of Nigeria Ltd; a leading Nigerian commercial bank with over 750 branches across Nigeria, announced their exclusive partnership with PayPal in a deal that promises to make it easier for FirstBank customers to pay and get paid globally; in a manner that is seamless, secure and convenient.

Bisi Onasanya (FirstBank Group Managing Director/Chief Executive Officer) & Efi Dahal (PayPal Regional Director, Sub-Saharan Africa & Israel) signing the partnership agreement.

If you don't know what PayPal means, it is a global payment service that enables you to make payments securely on the Internet, accept payments, and send or receive money without revealing your financial information. PayPal users can send and receive money, and make payments for goods and services with merchants who accept PayPal as a means of payment.



The PayPal-FirstBank Nigeria partnership syncs with FirstBank’s enhanced service solutions. Enrolment on FirstBank’s Internet Banking (FirstOnline) gives you instant access to all of PayPal’s service offerings.



Hence, FirstBank Internet-banking customers can now open a PayPal account from their FirstOnline account and use their FirstBank debit or credit card to shop and pay online on millions of websites around the world from their PCs or smartphones without having to share their card details with merchants and the reassurance of a PayPal Buyer Protection.



Opening a PayPal account in Nigeria via FirstOnline is absolutely free!



According to the FAQs page on First Bank website, a PayPal account created on FirstBank’s Internet Banking (FirstOnline) is activated and verified instantly. You do not need to go through any other form of activation or verification. As you are operating from FirstBank secure online banking environment, PayPal will trust your account and lift restrictions usually applied on new PayPal accounts.



When logged in to the FirstOnline platform, you can also select different Cards to attach with PayPal and choose the Card you wish to use when making payment. FirstBank MasterCard and Visa cards (which are enabled for online international transactions) can easily be linked to your PayPal account (Verve Acceptance is currently being explored).

How Do I Create A PayPal Account through FirstOnline?

To get started, walk in to a nearby First Bank branch to apply for First Bank Internet banking. Once activated, you can log in to FirstOnline at https://ibank.firstbanknigeria.com/ to create your PayPal account.



I've applied for FirstOnline and waiting for it to be activated. Once activated and I successfully create a verified PayPal account via the platform, I will shed more light on the Paypal account opening process.



Please SHARE this info with your friends. 



Have fun!

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3AL.com: First Bank Portal For Individuals and SMEs To Sell Online

If you need to create an online visibility for your business at no extra cost, then you need to try the First Bank Nigeria 3AL portal; a self-service tool which enables businesses to set up their online store, upload their products and interact with potential consumers from all locations in Nigeria and globally.





3AL.com is a business networking portal, where you can buy and sell anything online from anywhere in the world. On 3AL, you can make connections and transact business from the comfort of your living room to any part of the world saving you time, money and stress.



The platform allows sellers to receive online payment for their products. You will pay transaction fee per product sold if you decide to use the
platform to process online payment for your products. 3AL will deduct
the transaction fee before you are paid into your registered bank
account. Online payment is processed by FirstEConnect, a robust payment gateway deployed by FirstBank.



For sellers that are not using the platform's online payment processor, buyers can easily contact them to arrange for payment and delivery of their orders.



All deliveries on 3AL are handled by DHL Nigeria International. DHL picks up the products from the sellers and get them delivered to the buyers. Buyers pay the shipping cost. Delivery of purchases within Lagos takes place within 48hours while delivery outside Lagos takes place within 72 - 96hours.

First Bank 3AL Portal

Other Features of 3AL Portal :

==> SMEs can list their business names and info free of charge on the portal. 

==> Business owners and consumers can login to the site with Facebook profile.

==> Businesses and consumers can post comments on displayed products.

==> Users can switch between individual and business profiles. 

==> Users can chat with other users and businesses through an online chat engine.

==> Users can Like, Tweet, +1 displayed products.



If you are a business owner, you will agree with me that this platform will help in reducing the cost of doing business since customers can order for goods without visiting business location.

Check out my personal 3AL store here. 

What's your take on this?



If you are already using 3AL, kindly share your experience via comments.



If you know other Nigerian eCommerce portals similar to 3AL, kindly share via comments too.



NB: A friend might be lucky to start making money with the help of this info. So, PLEASE, share this with friends. 

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