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...Monday, April 6, 2009
Ecommerce Journal is a well-respected online news website about e-commerce and is one of the few websites I visit regularly. They have been predicting doom for Liberty Reserve in recent times and have done the same with one of their recent articles. The thrust of my blog post however is to react to a paragraph [...]
Continue reading...Monday, July 14, 2008
At the risk of sounding controversial, I am making public a view I have long held before now: e-gold has a magnet for attracting criminals. I would proceed to explain. e-gold’s anonymity feature, which e-gold Ltd sees as one of its most important features is indeed a dream come true for all sorts of criminal-minded entities: [...]
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...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...Thursday, December 13, 2007
So you want to exchange Alertpay for Paypal? Well, even though Paypal frowns at exchanging money from their payment system directly for another, what you can do is simple. Withdraw your money to your bank account and then pull the money to your paypal account from your bank account. Your bank account serves as a link between [...]
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 [...]
Continue reading...Tuesday, December 11, 2007
I was researching this evening, try to gather some material for my next blog post when I came across this screaming headline: AGLOCO Dead: May Your soul rest in pieces! I couldn’t help chuckling. The same Agloco that was heralded as been a potential gold mine for the army of wanna get-rich-quick Internet users? Geez. [...]
Continue reading...Monday, December 10, 2007
Scam emails have been circulating the Internet for sometime now, attempting to trick people into entering their bank account login details into a fake version of their financial institution’s website. This criminal activity is known in Internet security circles as Phishing. To drive-home the point, I am quoting Wikipedia’s accurate description of Phishing: In computing, phishing [...]
Continue reading...Thursday, November 1, 2007
Graphcard sounded promising when it was first launched. It was poised to meet the needs of users in Africa as well as other “third world countries” where credit cards are not widely available to the general populace. Graphcard has been doing fine somewhat all this while but something that is really putting me off these [...]
Continue reading...Sunday, October 28, 2007
Not long after Google announced and launched their Google Checkout offering that Paypal increased the speed at which they introduced innovations. I dealt more with the Google/Paypal comparison in an earlier post. The essence of this post however, is to highlight the fact that some online shoppers would by far prefer using the checkout services, to [...]
Continue reading...Saturday, October 6, 2007
Paypal Nigeria: How to open a paypal account in Nigeria? Why Paypal is not available in Nigeria.
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Wednesday, October 7, 2009
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