In this article, you'll discover whether PayPal works in Peru, explore some potential drawbacks if it is available, and consider various possibilities for using PayPal in the country.
Does Paypal Work In Peru?

PayPal is indeed operational in Peru. Users in Peru can utilize PayPal for both personal and business transactions, including buying online, adding a card or bank account, and using PayPal.Me for quick fund requests. The service also supports local fund withdrawals to a bank account, making it convenient for various financial activities.
For businesses, PayPal offers functionalities such as accepting payments on websites, sending invoices, and integrating PayPal into business systems. While the webpage does not specify any particular restrictions, it does include a general disclaimer that merchants may not be available in all countries, which could imply some limitations in merchant availability.
Fees and Charges for Using PayPal in Peru
Here are some general costs that users might encounter when using PayPal in Peru:
- Transaction Fees: PayPal typically charges a fee for each transaction, which can vary based on the type of transaction and the amount.
- Currency Conversion Fees: When converting funds from one currency to another, PayPal may apply a currency conversion fee.
- Withdrawal Fees: Withdrawing funds from a PayPal account to a local bank account may incur a fee, depending on the bank and the amount being withdrawn.
- Receiving Payments: For business accounts, receiving payments for goods and services may come with a fee, which is usually a percentage of the transaction amount.
- International Payments: Sending or receiving payments internationally might involve additional fees, including cross-border transaction fees.
Is PayPal the Best Option in Peru?
Even though PayPal is available in Peru, it might not be the best option for users due to certain limitations and restrictions that could affect the overall user experience.
- Limited Merchant Availability: Not all merchants accept PayPal, restricting where you can shop.
- High Transaction Fees: Fees for transactions, especially international ones, can be quite high.
- Currency Conversion Costs: Converting funds between currencies incurs additional charges.
- Withdrawal Delays: Withdrawing funds to local bank accounts can take several days.
- Customer Support Issues: Users often report difficulties in reaching effective customer support.
Alternatives to PayPal in Peru
1) OneSafe

OneSafe is a leading alternative payment solution in Peru, offering a user-friendly interface, lower fees, and superior customer support. Key features include simple onboarding, global payments, corporate cards, and multi-currency support. These benefits make OneSafe a superior option for businesses seeking efficient and cost-effective financial services.
OneSafe Reviews
OneSafe has received positive feedback from users who appreciate its comprehensive banking services, including ACH, Crypto, Wire deposits, and Virtual cards. Users have described it as the "Best bank I have used so far," noting its support for most businesses. The company is recognized for its user-friendly interface and efficient financial solutions.
2) Wise

Wise offers a multi-currency account, low fees, fast transfers, and predictable exchange rates, making it a viable alternative payment solution in Peru. Users can send and receive money globally, manage finances across different currencies, and use the Wise card for international transactions without foreign transaction fees.
Wise Reviews
Wise has an overall rating of 4.7 out of 5 based on 87 reviews. Users have reported issues with money transfers being returned without notification and challenges with document approval.
Check out more Wise reviews here.
3) Google Pay

Google Pay is a versatile payment solution in Peru, offering seamless integration with Google services, secure transactions, and contactless payments. Users benefit from its ease of use, widespread acceptance, and the ability to manage multiple payment methods within a single app, making it a convenient choice for everyday transactions.
Google Pay Reviews
Google Pay has a rating of 4.6 out of 5 based on 211 reviews. Users report issues with payments getting stuck, connectivity problems, and delays in customer support.
Check out more Google Pay reviews here.
Frequently Asked Questions about PayPal in Peru
Can I use PayPal to withdraw funds to a Peruvian bank account?
Yes, you can withdraw funds from your PayPal account to a local Peruvian bank account.
Are there any fees for receiving payments on PayPal in Peru?
Yes, receiving payments for goods and services may incur a fee, usually a percentage of the transaction.
Is PayPal widely accepted by merchants in Peru?
Not all merchants in Peru accept PayPal, which can limit your shopping options.
How long does it take to withdraw funds from PayPal to a Peruvian bank?
Withdrawing funds to a local bank account can take several days to process.
Does PayPal support transactions in Peruvian Sol?
Yes, PayPal supports transactions in Peruvian Sol, but currency conversion fees may apply.
Begin Your Journey with OneSafe Today!
Choosing the right payment solution in Peru is crucial for seamless financial transactions. While PayPal offers various services, alternatives like OneSafe provide lower fees and better support. Explore OneSafe for a more efficient and cost-effective experience. Sign up to OneSafe today!