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PayPal in Nigeria

 

 

Finally as the ecommerce frenzy in the emerging markets like Nigeria is booming ,PayPal, a leading global payments provider, announced plans to introduce services into 10 new markets including Nigeria. As services go live, the people of Belarus, Cameroon, Côte d’Ivoire, Macedonia, Moldova,Monaco, Montenegro, Nigeria, Paraguay, and Zimbabwe will be able to register for a PayPal account and start making payments on millions of websites around the world without the worry of entering their credit or debit card details online. The addition of these markets will bring the total number of markets PayPal serves to 203.

“While technology is breaking down barriers to global commerce, many people are wary of entering their credit or debit card details on the website of an unknown seller, operating in a distant country,” said Rupert Keeley,senior vice president of PayPal Europe, Middle East and Africa. “Paying with PayPal provides peace of mind, because people never have to expose their financial information during the transaction.”

Today’s announcement also means that businesses of all sizes now have the opportunity to start accepting PayPal payments from buyers in these ten markets.

“From today, people in more than 200 markets around the world will have the option to pay with PayPal,” adds Keeley. “We plan to work with our customers to help them take advantage of the opportunity to offer a safer and easier way to pay in markets they may not have explored before.”

PayPal services will roll out across the ten new markets in the coming days. Once live, anyone with access to the Internet and a card authorized for Internet transactions by the issuing bank will be able to register for a PayPal account and start making payments.

For the Nigerian internet market this is a good development that has been long awaited.

 

Kenneth Omeruo
Omeruo Ndukaku Kenneth is an Innovation Management expert,the CEO of Emerging Media,a new media company.He is a member of ISPIM - International Society for Professional Innovation Management and the US-Africa chamber of Commerce.He is the Founder of TechTrends Nigeria Blog,Nigeria Innovation Summit and the African Innovation Academy.Kenneth is a highly sought-after Internet Marketing Consultant who has through his seminars, articles, training and consulting, helped many organizations, Individuals, Businesses maximize the Internet for business purposes.Kenneth has also being featured as a guest on the TV show TODAY ON STV Nigeria and on Bloomberg Africa TV.He is the author of the best –selling Internet Book: How To Create Unlimited Internet Wealth. He is a syndicated columnist with the following Newspapers in Nigeria: Daily Independent, Financial Standard, PUNCH, BusinessDay, and Sun.Kenneth organises the EduNet Conference for Universities in Nigeria. Kenneth is a member of Institute of Software Practitioners of Nigeria( ISPON ) Roundtable For Capacity Development in Nigeria,member pre-selection committee for Nigeria at the UN World Summit Awards,a Panelist for Youth Enterprise With Innovation in Nigeria(YouWIN)-a Federal government initiative created by the ministry of finance,supported by ministries of Communications Technology,Youth Development,Worldbank and DFID. A 2013 Judge at the Google Cloud Developers Challenge for Sub Saharan Africa.He has been a contributing editor of Nigeria Communications Week,Africa Telecom and IT Business Magazine,ICT Today magazine,M2 magazine.Kenneth has been invited to the Commonwealth Telecommunications Organisation Forum, Oracle Open World Conference USA, Oracle Cloud World Dubai, and GITEX Dubai. He now lives in New York with his family and presently working on an Open Innovation project for Nigeria. You can contact Kenneth through email: (kenneth (at)techtrendsng.com) Facebook:www.facebook.com/Kenneth.omeruo On Twitter:www.twitter.com/kennethomeruo Skpe:Kenneth.Omeruo

West and Central African Research and Education Network(WACREN) CEO wins 2014 Network Information & Infrastructure (NI&I) Service Award.

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1 Comment

  1. Simply amazing..!!!!

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