Paypal is the one of very famous online payment system providing services in most of the countries. It is must have payment gateway for any online business to receive international payments (where supported). Unfortunately Paypal is not supported in Pakistan, however it is much needed payment gateway especially for freelancers. Here is step by step guide to get Paypal Merchant/Business account from Pakistan.
It is 100% Legit PayPal Business account with your own name. You do not need any of your relative residing in abroad.
Step #1 – Get Physical Address in UK
First of all, Get a UK based address (https://www.companyaddress.co.uk/ -a registered address costs £4.5/per month )
Step #2 – Get UK Sim
Order a UK SIM ( use GiffGaff) at your UK Address, and get forwarded to your Pakistani address). I recommend Vyke or Ding Tone for virtual numbers.
Step #3 – Register Your Company
Register your UK based Limited company at HMRC UK) (£12/ onetime Fee)
You can pay both fees (UK Address and HMRC GOV UK Fee) with your Pakistani bank Debit/ credit card (you can use UBL Wiz Virtual Card or Standard Chartered Bank Debit/Credit Card, both are accepted Internationally for online payments)
Step #4 – Get UK Bank Account
Now you will need to get UK bank account, apply for UK Bank account (You can use TransferWise Bank for business account and Monzo Bank for personal account) with your Pakistani Passport and UK Physical Address and UK Phone Number.
Step #5 – Activate Debit Card
Once your bank account is approved you will need to activate your New UK bank’s Debit card. (Make at-least one transaction and generate/download your bank statement)
Step #6 – Purchase UK RDP
You will need to purchase UK Windows RDP VPS in order to apply for Paypal account, it will also be used for future logins at paypal. You can get one in cheap price at https://www.websterz.net/vps/windows-vps use Promo Code PAYPALINFO to get 50% off.
Step #7 – Apply for Paypal Business Account
Connect to your Windows RDP VPS and open Paypal.com, signup for Business account with all your business details.
Step #8 – Verification
Submit your company registration document and company’s bank statement for verification, you can also add your phone number in paypal.
Wait for few days, once verification is done your account will be active and working. You can now integrate it with your website.