Join me to welcome PayPal, the payment arm of eBay Inc, which is currently the king of online transactions and payments.
PayPal has become and maintained the lead as the defacto online currency. Not even the giant Google Inc, could take them out of the market through their own version of an online payment platform called Google wallet.
I have written in the past about this subject matter and I am happy it has finally become a reality in my lifetime. Reuters reported that PayPal would be opened to Nigerians starting from Tuesday, June 17, 2014.
This is good news for Nigerian Internet entrepreneurs as it is believed that this move will change the face of online transactions forever.
A lot of Nigerian internet entrepreneurs had hitherto been denied a lot of online businesses that they could have taken advantage of to boost their economic status as a result of the erstwhile denial of opening a PayPal Account.
Rupert Keeley, the executive in charge of the EMEA region at PayPal said in an interview on Monday that with the service extended to Nigeria, this expansion would bring the number of countries it serves to 203.
By this move, consumers in Nigeria, which has about 60 million online users and also has Africa’s largest population, along with nine other markets in sub-Saharan Africa, — Continue Reading
