Does PayPal accept rands?

[Isaac More]

PayPal does not support South African Rand (ZAR) as a primary currency for account balances or transactions. However, you can use PayPal with South African bank accounts and credit/debit cards to make transactions in other currencies, such as US Dollars (USD) or Euros (EUR). PayPal will automatically convert the currency, and you'll see the converted amount when making payments or withdrawals.

Here's how it typically works:

1. Link Your South African Bank Account or Card: You can link your South African bank account or credit/debit card to your PayPal account. When you make a payment or withdrawal, PayPal will use the linked account or card to fund the transaction.
2. Currency Conversion: If you make a payment or receive money in a currency other than ZAR, PayPal will perform the currency conversion at their exchange rate. You'll see the converted amount in ZAR before confirming the transaction.
3. Fees: PayPal may charge a currency conversion fee for converting your funds into ZAR. Make sure to review PayPal's fee structure for currency conversion costs.
4. Bank Withdrawals: When you withdraw money from your PayPal account to your linked South African bank account, PayPal will convert the funds into ZAR, and your bank will receive the converted amount.

Please note that while PayPal allows you to use ZAR for certain transactions, it does not hold a balance in ZAR. If you want to maintain a ZAR balance, you may need to explore other options or services offered by local banks and financial institutions.

Keep in mind that PayPal's services and policies can change over time, so it's always a good idea to check their official website or contact PayPal's customer support for the most up-to-date information regarding currency support and services in South Africa.