There is nothing more frustrating when you are trying to buy staff online through Paypal or Payfast and finding out it doesn’t work. Most of the time people are confused as to why it doesn’t work; they think it’s a technical error. I spent days trying to use Paypal to pay for online services and it kept on giving me errors until I decided to go to the bank to find out why this was happening. This is a short piece of content on what I learned on how to use Paypal with Capitec bank.
Getting the basics right
This article assumes that you have already created a PayPal account and want to know how to use it or withdraw from it using Capitec Bank. If you have not yet created a PayPal account then do that first before continuing with the contents of this article.
The most likely reason
The most likely reason why your PayPal account is not working with Capitec is because you are not authorised to buy staff online by Capitec. When you open a Capitec Bank account the ability to make online transactions is automatically off. This is why PayPal cannot process your transactions.
How do you solve this?
You solve this by going to the nearest branch of Capitec and personally asking them to allow you to make online transactions. Capitec bank only allows you to make transactions through the Capitec app by default, it doesn’t allow anything outside of that. Maybe this is part of consumer protection. As soon as they authorise you to make online transactions then you are good to go to start using PayPal with Capitec Bank.
How to link Capitec debit card to PayPal
To link your Capitec debit card to PayPal you will need to go to the official PayPal website and Sign Up for an account if you do not already have one. You will need to provide a few personal details about yourself such as your real name, email, country of birth and other details. You will be prompted to enter your debit card details. These details will be verified with Capitec bank and if all is well then you are good to go.
In the case of online shopping; you will have to go through the process of setting up your PayPal account first then when you shop online you will only be required to enter your debit card details including the cvv number and the transaction will be successful.
Update
This article focuses specifically on using PayPal as a payment gateway for online shopping. At the time of writing this article, it was also possible to withdraw funds from PayPal without using FNB. I did it multiple times when I was working with some people from India. I could also manage to add funds to my PayPal wallet and send them to someone abroad.
I haven’t used PayPal for a long time for internal transfer withdrawals. However, it now seems as if it’s not possible to withdraw funds from PayPal without using FNB. This is something I will test very soon and the article will be updated as soon as I have an answer.
Ryan
16 Apr 2020What about sending funds from Paypal to Capitec without going through FNB? Is this possible?
sibabalwe
17 Apr 2020Hi Ryan, this is currently not possible, you have to go through FNB 🙁
Olive
15 Mar 2021Yes FNB is the only bank that uses PayPal. I was at Capitec today and all they had to offer was SWITCH which is basically the same as PayPal.
I will have to open an account with FNB to use my PayPal account.
john
13 Jan 2021smug bastard
Sinamile
20 Jun 2020Process to link pay pal to capitec account plz
Cedric
25 May 2022Yes please.
Why is Capitec taking so long to understand that business banking for individuals is going online and PayPal is a huge part of that or why don’t they create something similar to PayPal and let us know about it? This is one area of banking that Capitec is neglecting or they does it on purpose! Now why is that? Can’t you remove the barriers to this? This is where service & technology are moving towards.
Come on Capitec!
sibabalwe
25 May 2022You’re right Cedric, very right. I had to stop using Capitec because they were lacking when it came to business banking.
Lindokuhle
21 Jun 2020Are there any charges when linking a Capitec bank card with PayPal?
sibabalwe
21 Jun 2020No, there are no charges Lindokuhle, you will have to have airtime to send a confirmation SMS to Capitec.
Lorraine
1 Aug 2020How do I link my capitec with PayPal?
Friedah
28 Aug 2020how do iI link my Tyme bank with PayPal?
Willie
18 Nov 2020This frustrates me try to get a business from the ground. can Capitect please resolves problem.
Mzwandile Edwin Ndara
23 Dec 2020how do you link a fnb account to a paypal account?
Xo
24 Mar 2021I thought this was helpful until I noticed that PayPal only accepts FNB bank.
Phumlani
30 Mar 2021I’ve been trying to link my capitec but I can’t please help
Pinky
5 May 2021Im trying to link my capitec account on PayPal but it doesnt go through please help
Muneera
5 May 2021I was able to link my Tyme Bank debit card to my PayPal but not my Capitec debit card. I have been informed that I have to get an FNB account.
Nontokozo Ngwane
10 Aug 2021Hey Muneera, does it charge when you link your Tyme bank debit card?
Maxwell Ntshuntshe
14 Jun 2021How do i link my capitec bank account to my paypal account
Erica
14 Jun 2021I’m trying to open the online FNB acc but keep on showing an error E64 .i was with FNB years ago.so it’s a struggle to open it of this error .How to go about it. I also have a Capitec ACC.its Frustrating cause the error is popping up not saying anything that u need to go to the bank or your previous ACC is still active.please help.i need to link my paypal
Nonkululeko Mkhonza
17 Jun 2021How do I link my Capitec with Paypal without going in the bank
Sipho
10 Sep 2021Eish this is so stressing, I tried to use my Capitec but its kick me off , what should I supposed to do.
Jason Williams
29 Dec 2021Hello please how much can I receive using PayPal with capitec bank savings account in dollars