Paypal | Oluniyi D. Ajao

Any prospects for e-commerce in Africa?

Monday, October 1, 2007

This round-up first appeared at Global Voices. The past week turned out to be one that came with an interesting debate about the prospects of e-commerce in Africa. Oluniyi David Ajao started with throwing an insight into the popularity of e-gold (a digital gold currency) in Nigeria. Other online payment systems might indeed follow the [...]

Why Paypal features in Africa are limited

Saturday, September 29, 2007

44 Comments

A few years ago, there was no single country on the African continent where one could send/receive money online via Paypal. Not one. Then there was South Africa. A few countries were added, as most were later covered. Even now, all the African countries can only send – they cannot receive money via Paypal. Any [...]

Paypal Malaysia, Philippines, Brazil users offered more withdrawal options

Saturday, September 29, 2007

10 Comments

Paypal users in 26 countries can now withdraw their funds to their credit, debit or prepaid cards – so long the cards are branded Mastercard or Visa. New today, PayPal now offers account balance withdrawals to Visa-branded credit, debit, or prepaid cards in 26 international markets. This feature greatly improves the utility of PayPal accounts [...]

Is a common African e-commerce platform possible?

Wednesday, September 26, 2007

10 Comments

This blog post is a direct response to Erik Hersman’s blog post: The problem with e-commerce and online payments in Africa. Erik Hersman, a fellow African blogger, shared his thoughts about the need for an African e-payment system. He starts with a lamentation that is indeed true: A lack of true online payment options is [...]

Forex trading in Nigeria: Your link to fabulous wealth?

Tuesday, September 18, 2007

210 Comments

Many Nigerians today dream of hitting a fabulous fortune from working on the Internet. While there is absolutely no harm in dreaming big, for some, it is sheer greed. Greed that makes them ready to believe just about anything they read or hear about making money online. A case in point is forex trading in [...]

Paypal’s new look, whilst gearing up for more competition

Saturday, August 25, 2007

1 Comment

One can argue that Google Checkout is not exactly a competitor to Paypal, since they are not exactly the same. Google Checkout speeds up your checkout process while Paypal is a complete online payment system. To me, the mere fact that Google Checkout makes online shopping faster (by auto-filling your shipping address and making payment [...]

Challenges with Doing Business On the Internet from Nigeria

Sunday, August 12, 2007

45 Comments

I came across an article at NigeriaGalleria.com just now, that not only highlights some of the challenges of doing business online from Nigeria, but also offers some solid advice on going around the challenges. It’s titled: “Obstacles to Conducting Internet Business in Nigeria“. These obstacles vary from the poor electricity supply in Nigeria, to the [...]

e-gold has a blog and Amazon has a payment system

Sunday, August 5, 2007

2 Comments

In case you missed the news just like I did, be informed that e-gold Ltd, operators of the e-gold digital currency, now have an official blog at http://blog.e-gold.com and its blogger so far is their Chairman/Founder: Dr. Douglas Jackson. The closing text of the very first blog entry, read: Anyone remotely familiar with e-gold knows [...]

ValueClick Media now supports Direct Deposit

Monday, July 30, 2007

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ValueClick Media, a leading online advertising company has now added Direct Deposit (Automated Clearing House) as a payment option for US and Canadian-based publishers on their advertising network. With this method, publishers who opt for it can receive money earnings straight into their US or Canadian bank account, in US Dollars for months when their [...]

Moneybookers scams (Phishing emails)

Wednesday, July 11, 2007

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You might have received such email before, purportedly from Moneybookers. I receive such regularly, and even got one just this early morning. The mails look real, asking you to accept a payment or update your account information. Of course, the mail is fraudulent and will only lead you to a fake website that will keep [...]

Paypal expands to more African countries

Saturday, May 12, 2007

61 Comments

Paypal has expanded even further in more countries in Africa, and other parts of the world. I have highlighted the African countries below: The new markets that can now use PayPal to send money online include: Albania, Algeria, Angola, Antigua and Barbuda, Armenia, Azerbaijan Republic, Belize, Benin Republic, Bhutan, Bolivia, Bosnia and Herzegovina, Bulgaria, Burkina [...]

Begining of the end for Registerfly?

Sunday, March 4, 2007

2 Comments

According to DomainToolsBlog: Reports are flying in about RegisterFly’s implosion. Registerfly’s web site went dark for most of the Monday after the CEO Kevin Medina changed the root password and locked everyone out. It started earlier in the month, on February 12th, vice president John Naruszewicz threw the first major punch by suing the CEO [...]

Graphcard to Paypal & e-gold

Tuesday, January 2, 2007

16 Comments

As recent as the 3rd quarter of 2006, Graphcard users could transfer funds from their Graphcard to Paypal – but not any more. Though it was very handy, for whatever reason, Graphcard has removed the ability of its users to transfer funds to Paypal. Customary to Graphcard, no notice was given before and after. Before [...]

Paypal to e-gold exchange

Sunday, December 17, 2006

1 Comment

One of the most popular searches on the leading search engines like Google, Yahoo Search and Windows Live Search when it comes to e-currency searches is “paypal to e-gold” or “paypal e-gold”. This betrays a deep drive amongst e-gold users to convert their paypal funds to e-gold, or that some scammers/hackers who have managed to [...]

Paypal moves deeper into Africa

Tuesday, October 24, 2006

9 Comments

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 [...]