Does PayPal work in every country
No, PayPal does not work in every country, and what it lets you do varies by country. PayPal's own site says you can send money internationally to over 110 countries.
PayPal also runs Xoom, a separate service that can send money to over 160 countries, with delivery options such as cash pickup and bank account deposits.
A PayPal overview for a specific country is useful before relying on it, because features differ from one market to the next. The main points to check are:
- Sending and receiving: Where PayPal is supported, users can send and receive money across borders or pay on websites based in other countries.
- Currency conversion: When a payment arrives in a foreign currency, PayPal converts it automatically into the primary currency of the receiving account.
- Cross-border fees: International personal and purchase payments carry a cross-border fee that depends on the destination and the payment method used.
- Exchange rate markup: PayPal adds a percentage on top of the base mid-market rate whenever it converts one currency into another.
India is an example of a country where PayPal works only in part:
- International only: PayPal in India supports cross-border transactions, since its domestic service was shut down.
- No domestic transfers: Users cannot send money to, or receive money from, another PayPal user inside India.
- Receiving from abroad: Freelancers and businesses can collect payments from overseas clients after completing KYC, verifying their PAN, linking an Indian bank account and adding a purpose code.
Before opening an account, confirm on PayPal's site for your country which transaction types are allowed and which fees apply there.