“PayPal has been going through a period of reinvention, refreshing many of its services to make them easier to use on mobile (phones), allowing us to expand into fast-developing markets.We think we can give our sellers selling into this market a great deal of reassurance. PayPal does not yet cover peer-to-peer transactions, which allow consumers to send money to other consumers. It has not yet enabled local merchants in the new markets to receive payments, nor is it offering other forms of banking services, he said.
It would be recalled that over 500 people signed a petition few weeks ago on change.org to bring PayPal to Nigeria. About 60 million internet users stand to gain access to PayPal services with this latest development.
Was your view about PayPal in Nigeria? Is it coming at the right time or the wrong time? Are they doing Nigerians favour by extending their services to the Nigeria market or they’ve realised how much they’ve been losing? Share your view below.
