Connect with us

News

PayPal In Lebanon: Everything You Need To Know

Whether you’re a Lebanese entrepreneur, freelancer, or online business owner, this article answers the commonly asked questions about the availability of PayPal in Lebanon.

Published

on

In our globalized world, where businesses and individuals from different countries work together to deliver products and services across all segments, online payment services play an essential role, making it possible for all members of the global market to easily send and receive money across borders. Unfortunately for Lebanese citizens, one of the most important online payment services in the world, PayPal, doesn’t see Lebanon as its priority.

We’ve written this article to answer commonly asked questions about the availability of PayPal in Lebanon, hoping to clear up some of the confusion among Lebanese business owners, entrepreneurs, freelancers, and those who just want to purchase goods and services from outside Lebanon.

Does PayPal Work In Lebanon In 2024?

So, is PayPal available in Lebanon? The short answer is: No, PayPal doesn’t work in Lebanon in 2024.

At the time of writing this article, PayPal is available in more than 200 countries and supports 25 currencies, but Lebanon sadly isn’t one of them. This is the full list of supported countries.

The following Asia Pacific countries are supported by PayPal in 2024: Armenia, Australia, Bahrain, Bhutan, Brunei, Cambodia, Mainland China, Cook Islands, Fiji, French Polynesia, Hong Kong SAR, China, India, Indonesia, Israel, Japan, Jordan, Kazakhstan, Kiribati, Kuwait, Kyrgyzstan, Laos, Malaysia, Maldives, Marshall Islands, Federated States of Micronesia, Mongolia, Nauru, Nepal, New Caledonia, New Zealand, Niue, Norfolk Island, Oman, Palau, Papua New Guinea, Philippines, Pitcairn Islands, Qatar, Samoa, Saudi Arabia, Singapore, Solomon Islands, South Korea, Sri Lanka, Taiwan, China, Tajikistan, Thailand, Tonga, Turkmenistan, Tuvalu, United Arab Emirates, Vanuatu, Vietnam, Wallis and Futuna, Yemen.

As you can see, Lebanon isn’t on the list, which is bad news for its nearly 7 million citizens, who are deprived of valuable opportunities because they don’t have access to one of the most used online payment services in the world.

Is PayPal Available In Lebanon? Why Not?

For some time in 2013, it seemed that PayPal would be available in Lebanon before the end of the year, at least according to what Elias Ghanem, the then general manager of PayPal Middle East, said at the Arabnet Beirut conference.

Unfortunately, it didn’t take a long time for PayPal to change its position. “When we announced the launch of PayPal services in Egypt in May, there was a misinterpretation about Lebanon’s launch,” said Laurent Wakim, then business manager of PayPal MENA.

He continued by explaining that PayPal is always trying to expand its geographic footprint, but the company needs to prioritize available opportunities against other initiatives. “So, while enabling Lebanon remains a priority for us, we don’t have any timeline that we can share. There are no reasons per se why PayPal is not launching Lebanon; it is a matter of priorities.”

Sadly, Lebanon has clearly still not become PayPal’s priority, and many Lebanese citizens would like to know why. One possible reason is that the laws, rules, and regulations for banks and online payment services in Lebanon don’t allow PayPal to offer its services in the way the company would like to.

However, it’s also possible that PayPal came to the conclusion that Lebanon isn’t worth the effort from the business perspective. The population of Lebanon is approximately 6.8 million, and only 80 percent of people in the country have access to the internet, which leaves us with around 5.4 million potential users.

Is There Some Way For People In Lebanon To Use PayPal?

While some online merchants that accept PayPal allow their customers to pay without a PayPal account using a credit card, most people in Lebanon would, understandably, prefer to use PayPal without any limitations.

is there a way to use paypal in lebanon

Questionable services like “PayPal Lebanon” are one way for Lebanese citizens to open a PayPal account. Essentially, all such services charge a small fee ($30 in the case of PayPal Lebanon) for opening a PayPal account linked to a virtual Visa card from another country.

However, such services violate PayPal’s User Agreement, which clearly states that “In connection with your use of our website, your Account, the Services, or in the course of your interactions with PayPal, other Users, or third parties, you will not: Access the Services from a country that is not included on PayPal’s permitted countries list“.

Note: NEVER share your personal or financial information (bank or credit card information) with strangers, or with websites that you do not trust or are not secure.

When the PayPal security system detects that someone is trying to access their account from a country that’s not included on PayPal’s permitted countries list, the company automatically restricts the account and makes the user wait 180 days before enabling them to withdraw their money.

The sad truth is that this exact scenario happens to a lot of people who try to use PayPal with a VPN, and it usually ends with them being unable to withdraw their money because PayPal won’t let them use their Lebanese bank account.

Read Now: 5G In Lebanon – Everything You Need To Know

Summary

Even after many years of waiting, people living in Lebanon still can’t legally use PayPal to send and receive money. While there are ways to use a PayPal account opened in another country, the risks involved make it not worth the effort.

Advertisement

📢 Get Exclusive Monthly Articles, Updates & Tech Tips Right In Your Inbox!

JOIN 17K+ SUBSCRIBERS

6 Comments

6 Comments

  1. Omar

    May 1, 2022 at 12:13 AM

    Hello any one can help me? I want to convert sweat coins into dollars and they told me I should use PayPal, but since I can’t, is there any other possible way to convert my coins I mean like into a bank account in Lebanon or anything else other than PayPal? Please help me cause I don’t wanna use the app for nothing.

  2. Mireille

    April 18, 2022 at 9:00 AM

    If I have to work online I need to download PayPal app, but unfortunately I can’t download it in Lebanon. Is there any other way?

    • Bashir

      April 18, 2022 at 10:19 AM

      Unfortunately, this isn’t an option for you. Maybe consider looking into Payoneer if that’s an option.

  3. Tania Daher

    October 15, 2021 at 11:14 PM

    You can not convince us why your services aren’t working here. Yemen is in war how come PayPal is working there?

  4. Rateb Koulailat

    May 27, 2021 at 10:28 PM

    Hi! I need to create a PayPal account because I want to start a YouTube channel and receive money through AdSense, can you help?

    • Omar Younes

      September 20, 2021 at 4:48 PM

      How are you Rateb. I also need this to work as a freelance transcriber online, did you find any way? If you did, please contact me.

      0096176029820
      Omar Younes

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Mamo Completes $3.4M Funding Round To Enhance Fintech Services

The startup will use the influx of cash to expand into Saudi Arabia and across the wider GCC while improving its product offering.

Published

on

mamo completes $3.4 million funding round to enhance fintech services
Mamo

UAE-based fintech Mamo has announced the completion of a $3.4 million funding round that will help the startup extend its market presence and improve its product offering. Investors included 4DX Ventures, the Dubai Future District Fund and Cyfr Capital.

Mamo’s platform offers “payment collection, corporate cards and expense management” to help small and medium-sized businesses consolidate and streamline their operations. With the latest influx of capital, Mamo will further develop its comprehensive suite of services and begin testing its product lines in Saudi Arabia, further extending its footprint across the GCC.

Imad Gharazeddine, co-founder and CEO of Mamo, stated: “We’ve been in the market for a while now and are incredibly proud of what our team has achieved. The holistic and expansive nature of our product offering has helped us continue to grow sustainably. This additional funding will allow us to reach our medium-term goals even faster. The support from new and existing investors is a testament to our strong expertise and the ability to deliver on our customer promise”.

Daniel Marlo, General Partner of lead investor 4DX Ventures, added: “We have immense trust in Imad’s vision, leadership and Mamo’s innovative approach to provide a user-friendly and comprehensive financial solution for SMEs that makes financial management more accessible and efficient. We are proud to partner with them and support their mission”.

Also Read: A Guide To Digital Payment Methods In The Middle East

Amer Fatayer, Managing Director of Dubai Future District Fund’s investment team, also commented: “Mamo’s localized product lines serve as an infrastructure for SME payments and spend management in UAE, a segment that is underserved by the country’s current banking infrastructure. The team has taken a product-first approach to consolidating SMEs’ financial journeys and building a fintech solution deeply embedded in a business’s core operations”.

To date, Mamo has raised around $13 million in investment funding and now boasts a team of 30 people. The company’s intuitive financial services platform has allowed over 1,000 businesses to consolidate their financial operations and significantly reduce payment fees.

Continue Reading

#Trending