How to Link Your First Bank ATM Card with PayPal

Last Updated on August 28th, 2014.

first bank paypalPayPal is no doubt among the leading global payment services that enables you to make payments securely on the Internet, accepts payments, send or receive money without revealing your financial information on the web, Most online ventures that accept online payment method all accept PayPal as a means of easy payment because of its secured means of business transactions and security is guarantee to prevent fraud and online scam schemes. 

When PayPal first eventually announced their entry into the Nigeria E-commerce world there was joy in the hearts of Nigerians who carry out online business transactions and also mixed feeling from Nigerian firms that runs private online business transactions, the recent development of PayPal finally in Nigerian would obvious stop or reduce online transactions from various Nigerian private online firms. Because PayPal is open to everyone and it’s free to get a PayPal account in Nigeria.

I know of someone who was trying to acquire a PayPal account since 2011, so it’s a huge development PayPal is finally in Nigeria. Now Nigerians can purchase and pay for any online transaction and ship any goods to their doorstep. PayPal has finally taken a step further by offering all its services to Nigerians by going into partnership with First Bank Ltd.

How to Create a PayPal account In Nigeria

Go to PayPal Nigeria website and sign up for a PayPal Nigeria account, you can either click on business or personal type of PayPal account, fill the form with valid details and submit, PayPal would send you a mail, check your mail box and verify your PayPal email address and login into your new PayPal Nigeria account.


Creating a Nigeria PayPal account is very easy to implement, the main issue is actually linking your Bank ATM card either Master card or Visa card to your Nigerian PayPal account. Verve card is not actually allowed to carry out online transactions. So if you own a verve ATM card and you want to perform online transactions, kindly go to any of your bank branch and request for an ATM card change to either Master card or the Visa card.

To apply for the first bank Master card, go to any first bank branch and a customer care representative would attend to you, the master card incurs a fee of N1000 and immediately activated for you after filling some forms. While applying for first bank Visa card is going to take up to 2 – 3 days to be ready and activated and it also costs N2000.

I actually was using a verve first bank ATM card initially, I heard about PayPal is now officially in Nigeria, so I decided to change my First bank verve ATM card to Master card so I could be able to carry out online transactions.

Opening a Nigerian PayPal account is absolutely free but actually linking your debit and credit ATM card would make your Nigerian PayPal verified and lift restrictions and limits from PayPal. So linking your bank ATM card either Master card or Visa card is quite mandatory and important. Would be sharing how I actually linked my First bank Master card with my Nigerian PayPal account below.

How to Link First Bank ATM Card with Your Nigerian PayPal Account

fbn-paypalAfter verifying your PayPal Nigeria account via your email box, Your PayPal Nigeria Account is active and ready to carry out online transactions, but your account status is not verified yet, and you need to get verified so you can lift your PayPal account limits, because without getting verified your PayPal Nigeria account is useless. Clicking on “Get verified” on your account status takes you to a page where you fill your Bank ATM card details. This actually links your Bank credit/debit ATM card either Master Card or Visa Card with your PayPal Nigeria account, so you can pay in money from your bank account which is already linked to your PayPal Nigeria account and carry out online payments and transactions.

Verifying and linking PayPal Nigeria account with First bank Nigeria can be done in two ways:

  • Linking your ATM Master or Visa card with your PayPal Nigeria account: When clicking on “Get verified” on your PayPal account status, you would be taken to a new page where you fill your First Bank ATM Master or Visa Card details, after successfully filling your ATM card details, PayPal would deduct N324.41 equivalent to $1.95 USD from your First Bank account, this is to actually verify if truly your First bank account is yours, Now PayPal would send you your PayPal code to your First bank account via text message or alert.

1Note: Always make sure the First bank account you’re using is not dormant and the account should be active also at least N400 should be in the account. After receiving your PayPal code, PayPal would refund the money deducted after 24Hrs.

Screenshot_2014-08-27-07-59-48Now you can insert your 4-digit PayPal code and confirm your First Bank ATM card, wait for some seconds you will get Congratulations your Card has been confirmed and verified.

23Your PayPal Nigeria Account is now officially confirmed and verified. You can now carry out online payments and transactions as long you have the right money in your account.

4I just paid for my web hosting on Hostgator with my Nigeria PayPal account linked with my First bank Nigeria ATM Master card. I recommend Hostgator Web hosting because I never experience downtime and my website is always up 100%. You can join Hostgator Here

  • Using FirstOnline Portal:  This is First bank Internet banking which allows you to link your first bank account with PayPal and you get verified instantly. But you must have a FirstOnline account with First bank, if you don’t have, then go to any First bank branch and fill the firstOnline form which requires a “Token” fee of N2000 and it takes 5-Business days to be verified and confirmed.

I would writing a complete tutorial on How to use FirstOnline to verify your PayPal Nigeria Account. Once my FirstOnline account has been verified and activated.

Related Posts Plugin for WordPress, Blogger...