Equity Bank has revolutionized its PayPal withdrawal service, slashing the settlement period from 24 hours to instant withdrawals.
This enhancement empowers Equity Bank’s vast customer base with the ability to swiftly access funds received through PayPal, significantly improving their financial management.
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This partnership aims to support local digital growth and facilitate cross-border payments, ultimately benefiting millions of Kenyans.
As the sole provider of PayPal to bank withdrawal service in Kenya, Equity Bank facilitates seamless transactions, allowing PayPal users to instantly transfer funds from their PayPal accounts to their Equity Bank accounts in either KES or USD, with transaction limits of up to USD 10,000 per transaction.
Through the Equity Mobile App or Equity Online platforms, existing PayPal customers can effortlessly link their accounts and access the enhanced withdrawal service. The updated PayPal button with the account balance will be prominently displayed on the dashboard, ensuring a user-friendly experience.
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