The Internet’s Money

Payment processor · Africa

Does PayPal work in South Africa?

Yes.

PayPal onboards businesses registered in South Africa.

Available

What a business in South Africa can use

PayPal’s products, for a company incorporated in South Africa.

Accept paymentsAvailable

PayPal wallet, cards and (in the US) Venmo at checkout, with buyer and seller protection.

Pay people abroadAvailable

Mass payouts to PayPal and Venmo accounts worldwide. Bank payouts go through Hyperwallet.

Multi-currency accountAvailable

Hold balances in 20+ currencies inside a PayPal business account.

Business cardsNot available

PayPal Business Debit Mastercard. Not for businesses in South Africa.

StablecoinsNot available

US businesses can accept crypto through Pay with Crypto and hold PayPal USD (PYUSD). Not for businesses in South Africa.

Yield on idle cashNot available

US businesses holding PayPal USD (PYUSD) in their PayPal balance can opt in to rewards of around 3.7–4% a year, funded from the stablecoin’s reserve interest. Not available in New York. Not for businesses in South Africa.

Available in 200+ markets, but in some (such as Nigeria and Morocco) accounts face limits on receiving money. Indian accounts can only receive international payments.

Onboarding confidence: medium. Source: PayPal worldwide. Everything about PayPal

Alternatives in South Africa

Other providers that serve businesses registered there.

Selling to South Africa

How people there prefer to pay online.

  1. 1Visa / Mastercard
  2. 2Instant EFT (Ozow)
  3. 3Capitec Pay
  4. 4SnapScan / Zapper

Stablecoin rules in South Africa

Moderate riskRules in progress

Stablecoin rules are being written and may change.

PayPal’s stablecoin products are not available to businesses here.

Everything about 🇿🇦 South Africa →

Common questions

Does PayPal work in South Africa?

Yes. PayPal onboards businesses registered in South Africa.

Which PayPal products can a business in South Africa use?

accept payments, pay people abroad and multi-currency account.

What are the alternatives to PayPal in South Africa?

Providers that onboard businesses registered in South Africa: Payoneer and dLocal. With limits: Bridge, BVNK and Rain.

Can a business in South Africa use PayPal for stablecoins?

No, according to our data. Stablecoin rules in South Africa: Rules in progress (moderate risk). Crypto assets are legally financial products, and providers need an FSCA licence. There is no specific regime for stablecoin payments yet.

PayPal elsewhere in Africa

Other providers in South Africa