Can someone please tell me how i can setup a paypal account here in korea or even if its possible to do so?  Ive tried just recently and been getting all kinds of errors. 

Just link it to your bank account back home. It's WAY less hassle.

a check cad or a credit card?

Quote from: solveit on September 20, 2015, 09:53:39 pm

I have a check card from KB, I was able to set it up with PayPal with no problems.

I have a check card from Shinhan, and I could link it to PayPal no problem too.

but do you have Korean citizenship?  Neither KEB/Hana nor KB seem to be working for me.  I'm guessing it's because of my ARC.

Mine's a check card - KB wouldn't give me a credit card. I just added the card, and I wasn't asked for my ARC number. I have 2 KB cards, one which works overseas and online, and one which only works in Korea and for transport - both of them work on PayPal.

My post wasn't in reference to linking anything to my PayPal account, and I wasn't contradicting that information.- Earlier in the posts it was stated that you could use a Korean credit card, and not a check card, to pay through PayPal. I use my KB check cards to make payments through PayPal, and as it's not the easiest for foreigners to get a credit card in Korea, I thought that information might be useful to the OP.

In 2021, is it possible for a foreign resident with an ARC to link a PayPal account to a Koomin account?

https://waygook.org/index.php?topic=120893.0


It is possible to use PayPal in Korea...but you must use the following steps to the letter:

1. Invest in a reliable VPN service that allows you to get a dedicated IP address (you will see the importance of this in the following steps)

1a. The dedicated IP address means you and only you will have access to this address.

2. Open an account with an online challenger bank...aka digital bank (e.g. Revolut, Monzo, Ally etc)

3. These banks will allow you to have an account in your home country, and they will send a bank card to you wherever you are

4. Use your dedicated VPN IP address to open a PayPal account if you don't have one yet, if you already have an account just log in...YOU MUST USE ONLY THE DEDICATED IP ADDRESS because the regular public VPN IP addresses have most probably been misused by others and flagged by PayPal, so if you make the mistake of accessing your PayPal with one of the flagged public addresses your account will get banned.

4a. Obviously, use your home address in your home country as the address you register with on paypal.

4b. The point of using the VPN iss to get around the security blocks Korea has on financial services like PayPal, western union etc...if you access these sites with a Korean IP address, you will be redirected to the Korean version 100 times out of 100 with zero ways to access and use the global versions.

5. Now that you have your VPN set up, digital bank account set up and your PayPal set up...you can link the PayPal account to your digital bank (using card and account number if you wish, or just one)...and you can freely withdraw and transfer money between the two.

6. You can send money between your Korean and digital bank accounts through SWIFT transfers...some digital banks allow you to add money to the account using a debit/credit card...but this doesn't always work (though in my experience Citibank Korea cards work with Revolut...but not the other Korean bank cards).

I have a check card from KB, I was able to set it up with PayPal with no problems.

Me too from Hana Bank.