Does PayPal Work in Australia In 2022? (All You Need To Know)

Paypal has a not-so-long history of becoming popular from time to time by creating exciting stories. Since 1998, this financial technology company has been evolving with various developments, and now it has become one of the largest financial corporations by revenue in the United States of America. Read more to find out Does paypal work in Australia?

Send money quickly and securely to friends in Australia and overseas. It’s free within Australia when you use your linked bank account or PayPal balance. From Woolworths to Telstra, Uber to Netflix, Menulog to Australia Post, pay quicker with PayPal.

Does PayPal Work in Australia In 2022?  

Fortunately, PayPal is available in Australia as of 2022. Moreover, with PayPal in Australia, you can create an account and add connecting payment options such as multiple bank accounts. Additionally, you can do things like send money, receive money, make payments, withdraw money, add money, and more.

However, not all the countries are supported by the PayPal service. In countries like Burma, Turkey, Sri Lanka, the Central African Republic, Afghanistan, etc. PayPal is not a fully functioning service. 

Meanwhile, more than 200 countries, including Australia, use Paypal in their daily transactions efficiently and effectively. Paypal has been working in Australia since 2005. Paypal Australia has always maintained and assured its customers of its overall quality while adding new features from time to time. 

Setting up Paypal in Australia:

  1. Type “PayPal Australia” on your searching browser, and it directs you to the Paypal Australia homepage. 
  2. Click on the Signup button
  3. Pick the type of account you prefer (Personal or Business)
  4. Click on the Signup Now button
  5. Enter your location details (country, address, mobile number)
  6. Insert the six digits security code sent to your mobile.
  7. Enter your basic details (Name – First name and Surname, address and email address)
  8. Go through the given policies and terms of Paypal and check the box next to it, confirming your agreement. 
  9. Click Agree and Create an account.

Once you are done creating your account, you can receive and send money to your family, friends, relatives, or anyone just by using their mobile number or email address. In addition, you can transfer money for free within Australia by linking your bank savings account to Paypal. 

Types of Accounts 

There are two types of accounts in Paypal Australia that we can pick. Those are the personal account and the business account. As the name goes, the personal Paypal account is suitable for our personal use. In addition, it can be linked to our personal savings account. The Paypal business account is suitable for businesses, brands, and entrepreneurs because the business accounts provide more features that can increase professionalism and overall quality. 

Personal Account Type 

The personal Paypal account type goes well with the people who use Paypal to transfer money to their family and friends or for online transactions. One advantage of using this account type is that almost all the transaction charges are zero, except for monthly fees and termination charges. But one disadvantage of the personal accounts is that they do not have access to various payment options, just like in the Business account.  

Business Account Type

The Paypal business account does have access to all the features as in the personal account. Not only that, but it also provides more features that they think might be helpful for business owners. 

Paypal business accounts accept credit cards like Visa, Mastercard, American Express, Discover, JCB, and Diner’s club, while Paypal business account accepts debit cards like Visa and Mastercard. However, card types like department cards, private label cards, procurement cards, and debit cards that are not a Visa or Mastercard are not accepted by Paypal business. 

A Paypal business account allows you to send or receive invoices and subscription services. One cool thing provided by a Paypal business account is that the users can easily create invoices using the Paypal templates. You can even add your Paypal business account to your e-commerce website as a payment portal, opening the online payment option. 

Paypal Australia-The Year 2021

The year 2021 was a successful year for Paypal Australia. So let us take a look at how far PayPal Australia has come. 

  • Normally in Australia, the standard transfer processing could take up to three days or so, based on the billing process of the recipient bank. As a result, Paypal Australia introduced a new feature to their customers last year, which facilitates all transactions in real-time (within 60 seconds). 
  • Launched the “PayPal Pay in 4” feature in Australia. 
  • Introduced a new Paypal app: This new Paypal app is considered to be a powerful AI and ML (artificial intelligence and Machine learning) based digital wallet. The users can customize their digital wallets in diverse ways according to their preference. 

PayPal Pay in 4

So what is “PayPal Pay in 4”? As the name goes, you can split the relevant amount you have to pay into four installments. You have to pay the first installment right at the purchase, and you can pay the remaining three installments every two weeks. 

To get access to this facility, you have to be a resident in Australia, and you have to have a good standing Paypal account. Initially, PayPal Pay in 4 facilities was not available for any brands and goods. 

One advantage of this service is that there are no fees associated with using it.

Paypal 2021 Global Impact Report

Last April (April 2022), Paypal published its annual global impact report for 2021. According to the report, PayPal Holdings, Inc. has impacted its global community. Some of those ways are mentioned below. 

  • Economic Empowerment in Motion: Throughout the past year, Paypal has focused on committing toward racial equity, social justice, and economic empowerment of women and girls. Not only that but also Paypal has provided direct and indirect opportunities for its customers to participate and engage in the global economy via its products and services. 
  • Climate Action: The company itself started reducing greenhouse gas emissions by sourcing 100% of energy in its data centers from renewable energy sources, and it is already making progress. The company task forces are investigating the potential for digital finance innovations to strengthen deeper climate resilience across the planet. 
  • Committing towards responsible innovation: Responsible innovation is the process of conducting broader research and innovation to promote uniqueness and creativity and produce more opportunities in science and technology that are socially beneficial and conducted according to the public interest. So, Paypal supports responsible innovation through its unique approach to security, data management, privacy, etc., which helps Paypal to preserve its user’s trust. Apart from that, the company plans to have strong guidelines for blockchain technology. 

How do I get a PayPal account in Australia?

Get started.

  1. Log in. Log in to your PayPal account at:
  2. Link a card. Link your preferred debit or credit card. Link a card now.
  3. Link a bank. Link your bank account for extra flexibility. Link a bank account now.
  4. Go shopping. That’s it – you’re all set and ready to go shopping. Shop now.

How much does it cost to use PayPal Australia?

Fixed fee for personal transactions (based on currency received)

Australian dollar0.30 AUD
Brazilian real0.60 BRL
Canadian dollar0.30 CAD
Czech koruna10.00 CZK
Danish krone2.60 DKK
Euro0.35 EUR
Hong Kong dollar2.35 HKD
Hungarian forint90.00 HUF
Israeli new shekel1.20 ILS
Japanese yen40.00 JPY
Malaysian ringgit2.00 MYR
Mexican peso4.00 MXN

Does PayPal work from Australia to us?

You can transfer funds between more than 200 different countries. However, PayPal’s international transfers aren’t free, so you’ll have to check what the fee is for each transfer within your country of choice.

Can I send money to Australia via PayPal?

When you send money to friends and family within Australia from your linked bank account or PayPal balance, it’s free for you and your recipient. You can also send money from your credit or debit card, or to someone overseas, but that’ll incur a small fee.

How do I avoid PayPal fees Australia?

If you’re sending money to people (friends, family, or strangers) in Australia to pay for goods and services, you will not incur any fees. Simply pay the price quoted for the product or service and finalize your transaction.

How do I withdraw money from PayPal Australia?

It’s free to withdraw money from PayPal to your Australian bank account and it can take up to 5 business days for the funds to appear there. To make a withdrawal, log in to your PayPal business account and go to the “Money” tab and click Transfer money.


Paypal is one of the oldest, most popular, and most used digital payment methods globally. It has 426 million active consumers and merchant accounts so far, and those accounts have created a total payment volume of 1.25 trillion dollars in the last year. Starting from the first digital payment platform in the world to the era of cryptocurrency, Paypal has come a long way, and it will keep on growing while changing the lives of people in better ways.  

William James

I help consumers answer their nagging queries about products, services, and companies. We aim to provide in-depth, well-researched, and accurate information in easy-to-follow guides and articles. Learn more here.

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