22 September 2014

How To Open A PayPal Account With First Bank


Back in June, PayPal started offering its online payment services to several countries it had previously refused to do business with in the past. Those countries in sub-Saharan Africa, Eastern Europe and Latin America have seen a swell of PayPal registrations and usage. This article describes how to register with PayPal via FirstBank.
Open A PayPal account With FirstBank

The ten markets are in sub-Saharan Africa (Cameroon, Ivory Coast, Nigeria Zimbabwe), Eastern Europe (Belarus, Macedonia, Moldova, Montenegro, Monaco) and Latin America (Paraguay). At the time, Nigeria was reported to have 60 million internet users and Africa’s largest online population. FirstBank is Nigeria's biggest and most popular banking institution.

Outlined below are the reasons and the steps on how to register a PayPal account with FirstBank.

Why open a PayPal account with FirstBank?

The reasons you need to consider are:
  • It’s easy and convenient on the First Online Platform
  • It gives you access to all of PayPal’s service offerings
  • FirstBank MasterCard or Visa cards (which are enabled for online international transactions) can be easily linked to your PayPal account
  • As PayPal’s official partner, our customer’s PayPal accounts are immediately verified. PayPal accounts with unverified credit card details will be subject to a transaction limit pending verification.
Now that you have considered these reasons, let us get on with the business of creating your PayPal account via FirstBank.

How to create your PayPal account through the FirstBank portal

If you are a FirstBank customer, registered on FirstOnline, here is how to create your PayPal account through FirstOnline:
  • Login to FirstOnline at https://ibank.firstbanknigeria.com
  • Choose “PayPal wallet” in the main tab and click “Create PayPal Wallet” on the sub menu
  • Select which cards you wish to link to your PayPal account and which card will be the default card
  • Review details entered
  • Input the code generated by pressing the button on your online banking token and confirm the information therein
  • A popup window will appear. Use this to create your PayPal password
  • Click on “agree and create account”
You’re done! You will receive a confirmation message on the website as well as an email confirming the account creation

Now, you can start shopping in an easy, fast and secure way!

Who Is FirstBank?

FirstBank has solidified itself as a brand of fortitude, strength and innovation in the Nigerian financial sector since its inception in 1894. The iconic African elephant with navy blue and ivory colours has been a national symbol of one of the biggest international players in the financial services industry to date.


As the First Bank Group moved into its second century of operations, on April 27 2004, the brand entered a more sophisticated and dynamic era in the life of FirstBank. It seeks to draw from its history of being one of Nigeria’s biggest and most prosperous financial services group and streamlining with new age processes, technology and most importantly, group mindset.

1 comment:

  1. When you first create your account, you should receive an email from your account. This allows you to transfer money from your PayPal account to your bank account. I was connected my paypal account to the bankkonto eröffnen, Its so easy. thanks