{"id":61721,"date":"2022-06-28T18:46:13","date_gmt":"2022-06-28T16:46:13","guid":{"rendered":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/just-in-paypal-can-send-money-directly-into-ecocash"},"modified":"2022-06-28T21:33:29","modified_gmt":"2022-06-28T19:33:29","slug":"just-in-paypal-can-send-money-directly-into-ecocash","status":"publish","type":"post","link":"https:\/\/www.africa-press.cc\/zimbabwe\/all-news\/just-in-paypal-can-send-money-directly-into-ecocash","title":{"rendered":"JUST IN: PayPal Can Send Money Directly Into Ecocash"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Zimbabwe. <\/strong><\/span>EcoCash, Zimbabwe\u2019s largest mobile phone-based money transfer, financing and microfinancing service, has announced that PayPal can send money directly into an EcoCash account, Pindula News can reveal.<\/p>\n<p>PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system that serves as an electronic alternative to traditional paper methods such as checks and money orders. The company operates as a payment processor for online vendors, auction sites and many other commercial users, for which it charges a fee.<\/p>\n<p>It has been impossible in the past for individuals based in Zimbabwe to receive money via PayPal<\/p>\n<p>In 2021, Techzim reported, however, that there were changes suggesting that one can receive funds in a PayPal merchant wallet in Zim. Read part of the article:<\/p>\n<p>You can still open a PayPal account in Zim and use it to make payments if it is linked to your USD card, most often it\u2019s a prepaid card. However, it looks like there is a \u201cloophole\u201d for Zim accounts to receive funds via a PayPal wallet and it\u2019s through opening a Merchant PayPal account.<\/p>\n<p>The latest development would be great news for those who want to receive their money from abroad. EcoCash stated that \u201cyou cannot send money to PayPal.\u201d<\/p>\n<p>EcoCash says one can make online transactions using VCN if they fund their FCA accounts.<\/p>\n<p>To start sending money from PayPal to EcoCash, one needs to create a PayPal account and select mobile pick up when sending funds so that the funds are credited into the recipient\u2019s FCA wallet. The recipient is able to cash out USD at Econet Shops.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/zimbabwe\">Zimbabwe<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Zimbabwe. EcoCash, Zimbabwe\u2019s largest mobile phone-based money transfer, financing and microfinancing service, has announced that PayPal can send money directly into an EcoCash account, Pindula News can reveal. PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system that serves as an electronic alternative to traditional paper methods [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":61720,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,6,35,15],"tags":[1493,2189,906,10415,10416,19],"class_list":{"0":"post-61721","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all-news","8":"category-economy","9":"category-homepage-english","10":"category-twitter","11":"tag-africa-press","12":"tag-africa-press-zimbabwe-2","13":"tag-ecocash","14":"tag-paypal","15":"tag-paypal-sending-to-ecocash","16":"tag-zimbabwe"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>JUST IN: PayPal Can Send Money Directly Into Ecocash - 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