Withdrawals from PayPal to M-Pesa have now been made officially possible via a partnership between PayPal and Safaricom. This service is run by TransferTo, a B2B mobile payment company. It takes between 2 hours to 3 days to receive money on M-Pesa once you have requested a withdrawal.

Before this launch, there were many service providers. Nevertheless, many service providers have since ceased offering this service. Others were risky. There was a time when it was really difficult to make PayPal to M-Pesa transfers. It is during those days, many people got swindled and lost heaps of money due to joining these suspicious sites.

Other service providers used certain methods that worked for a while and then stopped working. These days, there are several new entrants in the PayPal to M-Pesa field. Many people can attest that they have had great success rates and one can get their money within minutes of withdrawing.

You must have the following in order to withdraw the funds;

A PayPal account.
An M-Pesa phone number.

How to withdraw money from PayPal to M-PESA

Log onto your Paypal account and click “Withdraw”.
Insert the amount you would like to withdraw from your account in US Dollars.
You will directed to a page that shows the amount to be received in Kenya Shillings, the exchange rate for the currency conversion, and the valued transaction processing time.
Approve and complete the withdrawal of money.

Conclusion

This service is great such that freelancers can now officially withdraw from PayPal to MPESA using a plan that is directly recognized by both PayPal and Safaricom. Note that PayPal to M-Pesa is still the cheapest way to withdraw your funds

There are limited transaction limits by Safaricom’s daily i.e. Sh. 300,000 per transaction and Sh. 500,000 per day. Those transacting more than Sh.500,000 will have to transact in a couple of days. Therefore if you’re withdrawing $5,000, it may be more practical to just use Equity.