I found out (to my pleasant surprise), while browsing through the Paypal website yesterday that the service is now accessible in more African countries. The recent expansion of Paypal is not limited to African countries but my focus is on Africa.
Hitherto, South Africa had been the only African country supported by Paypal. The popular online financial institution has now extended its services to Botswana, Cape Verde, Namibia, Togo and Tunisia, on the African continent. In all the six countries however, users can only send, and not receive funds via Paypal.
This is good news for me, and I can only hope that they soon reach Ghana and Nigeria. I can only wonder, what their criteria for entering a country is. Egypt and Nigeria are amongst the biggest economies in Africa and Nigeria has a very good and dynamic banking system. Whatever qualifies Togo should have qualified Nigeria.
According to CNET:
Founded in 1998, PayPal, enables any individual or business with an email address to securely, easily and quickly send and receive payments online. It serves as an electronic alternative to traditional paper methods such as checks and money orders.
PayPal has quickly become a global leader in online payment solutions with 100 million account members worldwide. Available in 103 countries and regions around the world, the company claims 14 million accounts globally, and total transactions of US$8.9 billion in the second quarter of 2006.
It’s all good.
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- Why Paypal features in Africa are limited
- Paypal Nigeria. A request for Paypal service in Nigeria.
- Making Money Online: Getting Paid via Paypal
- Paypal expands to more African countries
- How do I operate a Paypal account in Nigeria?
- Nigeria, South Africa, Ghana top cybercrime in Africa
- Any prospects for e-commerce in Africa?
- CNBC Africa now on DSTV West Africa
- Graphcard to Paypal & e-gold
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Global Voices Online » Blog Archive » Africa: PayPal expansion into Africa from Massachusetts, United States
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I sometimes Wonder what prevents or hold back the Paypal Directors as well as Visa and Mastercard operators from introducing their businesses into the Nigerian Economy. The discrimination and sometimes blatant disregard for anything remotely connected to the name ‘NIGERIA’ is so obvious. We have a very long way to go inredeeming our economy and image.
It’s about time, but I don’t think Paypal are truly interested in Africa. Sooner or later, another company will recognize the potential of Africa in e-commerce and put up a platform that is truly African like mamamikes.com in Kenya
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Hello
What’s the location of the paypal office in Namibia?
Hi Alex how are you? am also from Namibia have u found out about where there office are located and used paypal?
@ Alex, I doubt if Paypal has a physical presence in Namibia.
Hi David
How are you? do u know if they provide the service in Namibia?
Residents of Namibia can send money via Paypal but like the rest of Africa, are unable to receive.