this is paypal recharge tutorial do you know the cbn bank rate as a today for dollar rate is 412
naira to a dollar now look at the echo bank will change the same equivalent dollar for you for 450
naira per dollar and a lot of banking between that does this but then fidelity can go as 533
naira per dollar but this is where the business come in in the black market the same dollar
is 580 naira per dollar and you see why the rich are getting richer and why the poor in court those
that do not have information become poorer but then the information i'm about to show to you
today via the paper libby tried is not going to make you poor but it will make you a lot of money
and then you will become rich now the difference between how much you buy a product or a currency
and how much you sell that product or that currency which difference makes us profit is
called arbitrage okay okay okay wait let me add figures to these and i'm choosing the average
of most of the banks in nigeria and put this at 480 naira a dollar let's use that matrix
on the principle i'm going to teach you now using paypal arbitrage if you sell a thousand dollars in
a single month that simply means you would admit the difference between what the bank are selling
which is 480 and what you can sell in the black market which is 580 that's a whopping 100 naira in
between 1 000 if you do that then you would have made hundred dollars multiplied by one thousand
dollars which would give you ten thousand naira funny thing is one person can make you these on a
daily basis and on an instance that's what we call paparazzi charge now just to ensure we are on the
same page let me give you the definition because a lot of people call these dollar arbitrage they are
not the same thing dollar arbitrage is different this is actually the conversion of currencies
which is now dollar currency for speculative trading purposes in laymaster your ability to sell
money which is currencies now away from what you buy and then you lift it up and sell a bit
higher that is dollar arbitrage now i'm teaching today paypal arbitrage next week i will teach you
how to do dollar arbitrage i hope that's clear enough how do we now do paypal arbitrage first
you will need a paypal account and you will need to verify this your paypal account and listen to
this there are two types of paypal accounts there is a personal paypal account which majorly allows
you to send money and buy things online especially if you're in nigeria if you have a paypal account
you cannot receive money with it you can only send money out and secondly we have the business
type of paypal account this is what merchants use this is what traders use and also freelancers
and people who work online to receive money from people buying from them or also from marketplaces
that's business paypal and that's exactly the one you need for people arbitrage but
sadly in nigeria ghana ethiopia and so many countries of africa paypal business is bad
you cannot open it from your country but then there are 12 countries in africa that can open
people and they are allowed to use paypal business i'll leave the list here they are 12. i'll leave
them here so that you can screen grab these and know if your country is there and also most of
the european countries are eligible but if you're in a country that is not eligible if you check the
list and your country is not there don't worry you can still do paypal arbitrage i've got you covered
all you have to do is go to the description now and you see two links there one of it is how you
will open your paypal account from anywhere in the world the second one is how you're going to verify
this account and you'll be able to withdraw as you can see this is my own account i have my account
that i opened using the same means i've been using this for over a year it's functional i use
it sometimes to receive funds and you can see i still have funds on there and it's also increasing
and that is it you can open one now let's go to the real business that is what is called space
lag in paypal arbitrage what does this mean when a client sends your phone into your paypal the
client would expect you to fund their bank account directly after you confirm that paypal send enough
money to you but then before you can process this money before it can come back to you in naira for
example it's not going to be immediate and if you don't send money to people who are sending money
to you based on trust online it's going to damage your business structure so what do you need you
need a kind of cash in the beginning so that when they send money to your paypal you can fund their
bank accounts and they have peace then you can go ahead with processing whatever it is you want
to do they are making this money and the profit i hope you understand that but then don't worry as
well if you don't have cash and you really have interest in doing paper debit right i am going
to show to you before i end this tutorial how you can make free money into your paypal account when
you do that that will allow you to kick off this process and you can actually even make
money into your paypal and send it to yourself and see what the variance is how that's clear
all i want you to do is continue to watch this video so that when i talk about it or say it
you will not miss it now i can confirm to you that pay-per-view chat is simple to do because after
you already have some money attempt to credit your clients and you already have a verified paypal
account the next thing now is to get the word out to people so that they can start crediting
you as simple as that all it takes is for you to go to social media for example you can reach out
on facebook you can do that on instagram you can do that on twitter especially twitter now and you
can also use youtube reach out to people to tell them you can change their paypal funds for them
at your rate you can also do this on forums if you know forum nairaland.comcoda.com there are
a lot of people who would be interested in these services if you render a good service especially
if you have a good name and you are not known for scam because a lot of people go about these
coming people when paper money is sent to them off they go they run with people's money but if
you keep crediting people you will be recommended very fast and easy because they would have trust
on you so reaching out to people getting traffic for this business is also the only important thing
you have to do every other one is autorun and it's easy to make and is that easy to do but then how
do you set your rates how do you determine how much you're going to charge for your rates let
me give you some recommendations number one is that paypal has the five percent fee it charges
on incoming fund so if somebody sends you hundred dollars don't expect that you're going to see the
hundred dollars in your paypal unless that person chose to cover the expenses and in most cases
they don't choose they will always allow you there that cost and if you have to bear this cost
then you have to put that into consideration when you are doing your exchange rate also when you are
sending out to your own bank it will also have a five percent or there are about similarities
that will also be charged on the account so you have to put in consideration minimally of 10
when you are calculating your rates number two my recommendation is minimally make sure there
is a difference of 159 between what you would offer and what the black market is offering so in
between this 150 naira all the other charges will be involved whether they are sending it to you or
you send it to them all of that will be covered so for example if the black market at the time
you're watching or anytime is 580 naira per dollar make sure you exchange your paypal funds for 430
naira per dollar then you have your interest in it and then you have your profit and everything
is that and that will cost its good smooth running of your business but please stay on top of prices
when prices change you have to change your own as well i hope you understand i am very certain
that most of us would be very happy with this because it's an easy business route we have to
follow but there is a limit everything always have a limitation and on this channel i say the truth
and nothing but the truth there is what we call a limit on paypal let me check that out for you
let me sign into my own paypal account and then i go over from my account to get where your own
limit is on your own paypal account go to account as well and then you click on your username
that's where to bring your account out you click on account and then it will give you the drop down
of a new page basically just scroll down then you'll see limits on limits click on view when you
click view it's going to load and then it will pop up and then scroll to where you see yearly on that
yearly plan you are going to see how much limits you have per year so what this simply means is
you cannot do more than this figure in a single year on paypal unless you are fully verified i
hope you understand that now my own limit is three thousand seven hundred dollars per year and that's
the only thing i can do on one paypal account you can have numerous one opening in the name of your
sister in the name of your mother you know you can do all of that and have numerous accounts
across different platforms or browsers that's what i do sometimes but you can also lift these limits
and i know how to leave this limit hence if you want to learn how the limit of your account can
be lifted go to the comment section and say africanjaya teach me how to lift paypal limit
for paper libby trash now let's go back to the final part of the paper arbitrage which is
receiving our money in a local bank remember you have to take these physical dollars to the black
market so you now need to collect this money on paper there are three recommendations here
and please listen to this carefully because it's very important you are able to move out the money
that you have received from client number one is you can link directly what is called a prepaid
card to your account and that will move the money directly into your bank now there are two types
of prepaid card there is a neighborhood card and there is a dollar prepared if you use the niner
paper card then you cannot do paypal arbitrage the only thing you can do in that region is
dollar arbitrage that i told you i'm going to teach next week but if you want to withdraw your
money in dollars then when you go to the bank especially you be a bank tell them you need the
dollar prepaid card that's what you're going to link to your paypal so every time you send money
out it goes directly in dollars to dollars to that account but then there is a limitation to this you
can only withdraw with this atm card on a dollar certified atm that means every time you want to
withdraw you have to go to a dollar atm which by the way i'm very sure they are limited they are
available in nigeria for example and virtually all countries but they are limited so that may be the
limitation but if you have access to one perfect you can use this and then withdraw your money
number two recommendation is you can as well reach out to any friend or families that live abroad or
any country that is certified for paper so when i have a paypal account i can reach out to a brother
or sister a friend or classmate that lives in uk or u.s and tell them to help me convert my
paypal to dollars so when i send paypal to people very easy i just send to them and they will credit
me via my domiciliary account then i can go to my dom accounts maybe gtb asset bank whichever i want
and then we draw dollars and take it to the black market and change that might be simple if you
have someone there but if you don't have let me tell you the third recommendation you can link
your payoneer account to your paypal let me show you how this is done let me sign into my account
and i'll show you what you will be needing for you to link payoneer to paypal now i go over to
my account i click login and as soon as you log in you can see your account you see your campaign
today so you go over to receive and then there will be a pull down just three of them just click
on global payment service as soon as you click on that then you will have all your account opened
and then you can notice that here we have some accounts you've not requested for maybe like my
casing for canada dollars canadian dollars i mean australian dollar and etc but then if you scroll
down you would see the already created account that you have already cases like uk japan and
united states dollars now what you do is scroll to united state dollars and click on view details as
soon as you click view details it's going to pop up now it will pop up your account and that's the
account you're going to use to verify your paypal but now there is another limitation if you want to
verify paypal then there are times that paypal is going to request for your identification for this
account as soon as you use your paypal account which means your us account number then paypal
is going to request you to verify that now for a lot of people they don't have to do that i know
how to do that if you want to learn how to do this just like this video if this video has 2 000 likes
i will teach that for free a lot of people are collecting thousands of naira to teach these
but if i can get 2 000 likes on this video i will release it out so what are you waiting for like
this video and share it so that a lot of people can see it so it can get to 2000 likes i promise
you i was going to give you how to make free money to your paypal if you don't have the lag space
money to start with okay click this video now i already said everything there and this will show
you how to make free money on paypal for you to start your paypal have you tried let's go let's go