I was interviewed by Wayan Vota of ICTworks.org during the recent Maker Faire Africa 2009 in Accra Ghana and we discussed the present e-payment challenges in West Africa. A challenge that presents an opportunity since Paypal is ignoring Africa. The interview has just been published in a post titled: “Google & Paypal Leaving Cash on [...]
Continue reading...Monday, October 5, 2009
I received an email from Hassan in Lagos recently, asking for guidance on how to use Paypal in Nigeria. I choose to answer him publicly so other interested parties can learn from my answer to him. Find his message below in full, unedited: Hello David, Saw your blog from search on Facebook. I was trusting your expertise [...]
Continue reading...Saturday, February 21, 2009
Yes indeed. It is very possible. As a matter of fact, I am a living example and so are hundreds of thousands of people spread across the globe: bloggers, web designers/developers, graphic designers, server administrators, Search Engine Optimization (SEO) experts, web hosting resellers, domain name resellers, VoIP call credit retailers, e-currency exchangers etc. The list [...]
Continue reading...Friday, October 24, 2008
So much has happened to e-gold and e-bullion since I blogged about Forex trading platforms that accept e-gold or e-bullion. Both digital gold currencies have since experienced a sharp decline in popularity with e-bullion being completed “dead”. It is only natural that I provide a new list of online forex trading platforms that accept deposits [...]
Continue reading...Thursday, April 3, 2008
In the first part of this blog post, I discussed Making Money Online: Getting paid by cheque and explained why you should avoid getting paid by cheque where and when possible. In this blog post, I will be highlighting another means of getting paid online: Paypal. There are several forms of e-currencies. There are digital gold [...]
Continue reading...Friday, March 21, 2008
On the 15th of October 2004, Ecobank Nigeria Plc made history when it launched the first ever internationally accepted credit card in Nigeria – the Ecobank MasterCard. With the launch of the Ecobank MasterCard, Ecobank availed Nigerians the benefits and privileges of a convenient international payment card for online and offline financial transactions. The challenges [...]
Continue reading...Tuesday, March 18, 2008
Nathan Vardi, writing for Forbes.com, discusses means by which one could move money anonymously. Digital currencies, particularly e-gold, was mentioned as one of the means: cash is king 4. Digital currency. According to the Justice Department, between 1999 and 2005 child pornographers, hackers and identity thieves made use of E-gold, an online payment system in the [...]
Continue reading...Thursday, March 13, 2008
Fund your alertpay, paypal, Liberty Reserve or Moneybookers account in Ghana or Nigeria. Pay with Ghana cedis or Nigerian Naira. Usually same day funding.
Continue reading...Monday, February 25, 2008
The following message came on the screen following an attempt I made this evening, to withdraw funds to e-gold from Alertpay. We regret to inform you that we will no longer be supporting withdrawal by e-gold. We have other great alternatives for withdrawing money for North American and International users. You can withdraw by check or bank [...]
Continue reading...Wednesday, February 20, 2008
In December 2007, I was sharing my frustration about GT Bank Nigeria in a blog post titled: Woes of a Nigerian Internet Banking Customer. Till date, things have virtually remained the same – 3rd party funds transfer using the Internet Banking facility offered by GT Bank is still restricted. Well, things have just got even [...]
Continue reading...Thursday, February 14, 2008
A news item on Vanguard’s website indicates that Nigerian-issued Etranzact cards can be used on Etranzact-linked ATMs in Ghana and vice-versa: A very big one is the possibility of Nigerian and Ghanaian eTranzact cardholders to withdraw cash from any ATM in Nigeria and Ghana and have their accounts debited accordingly. This service is designed for all [...]
Continue reading...Monday, February 11, 2008
The last place I expect to read anything anti-Paypal is CNN Money’s website. 5 PayPal alternatives Sick of PayPal? Check out these e-commerce solutions for business owners. The article then goes on to suggest DigitalRiver, 2Checkout, Alertpay, TrialPay and e-Junkie. Interestingly, I had blogged about some other Paypal alternatives in the past whilst I was commenting about e-commerce in [...]
Continue reading...Saturday, February 2, 2008
The web was ablaze (still is) yesterday with news about Microsoft’s latest unsolicited offer to buy web portal giant Yahoo! for a whopping $44.6 billion in cash and shares. According to BBC News, the offer, contained in a letter to Yahoo’s board, is 62% above Yahoo’s closing share price on Thursday. I am not entirely surprised [...]
Continue reading...Thursday, December 13, 2007
A press release issued by Graphcard this morning: Tried, True and Visionary UBA Group Plc Embraces VTN Technology to power ecommerce in Nigeria Laurel, MD USA : December 12, 2007 The largest bank in Nigeria and Africa’s emerging global bank, United Bank for Africa Plc (UBA) and LFR Communications, Inc., a ground breaking e-commerce provider, have set [...]
Continue reading...Thursday, December 13, 2007
Two days ago, I did a blog post titled “Woes of a Nigerian Internet Banking Customer” with a promise to do a follow-up post, offering suggestions. Well, this is it. First, it is defeatist for a bank to cancel online funds transfer when it is possible to minimize the effect of fraud. I would start with [...]
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Wednesday, October 7, 2009
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