21/03/2025
PayPal Doesn’t Want African Customers Anymore
PayPal has just updated its terms for Africa, and starting April 21, 2025, here’s what’s changing:
👉 Higher Fees for International Transactions – Receiving payments from abroad will now cost you 4.90% + a fixed fee for most African markets.
👉 New Withdrawal Fees – Withdrawing amounts under KES 20,000 will now attract a KES 105 fee.
👉 U.S. Bank Withdrawal Charges – Previously free, withdrawing to a U.S. bank will now come with a 3.00% fee for African users.
👉 New Dispute Fees – Standard disputes will cost $8, and high-volume disputes will jump to $16—even if you win the dispute, you’ll still pay.
👉 Third-Party Withdrawal Fees – A new charge applies for “withdrawals through third-party service providers.” If you use M-Pesa, local banks, or other financial services, expect even more fees.
It’s not enough that PayPal has a history of freezing African accounts without warning—now they’ve decided to cash in on the frustration. After all the complaints, someone probably crunched the numbers and thought, “Let’s make money from this.”
If you’re an African freelancer, e-commerce seller, or business owner, the message is clear: You’re not a priority. Time to move on.
It’s ironic because emerging markets are the future—but to them, we’re just a nuisance. An inconvenience. A buzzing mosquito they’d rather swat away.
But is rising, and Africa builds. 💪🏾
Here are some better African alternatives:
💳 Freelancers & Gig Workers → Try Payd HQ
🏦 Need a U.S. Bank Account & Crypto Transfers? → Go with Hurupay
🛍️ Online & In-store Payments → Use Pesapal
💰 Payment Processors → Check out Cellulant, Flutterwave INC., Paystack, Peach Payments
🌍 African Diaspora Remittances → Use Nala
🔄 Multi-currency Wallets & Exchange → Try Eversend
💼 Wallet-as-a-Service → Use Tanda
🪙 Crypto and Fiat Conversion → Try Kotani Pay
👉 Know any other solid African fintechs? Drop them in the comments! 🚀