Few weeks ago I received an invitation to sign a petition on Change.org created by a Lagos-based creative design company CreativeKills, petitioning Paypal to extend its services to Nigeria.
This petition has long collected over 500 signatures and just today a report on Reuters has confirmed that Paypal has decided to expand their payment services to 10 new countries including Nigeria and 3 other African countries.
The 10 new countries are Belarus, Macedonia, Moldova, Monaco and Montenegro, Nigeria, Cameroon, Ivory Coast, Zimbabwe and Paraguay.
This is good news to any blogger or internet entrepreneurs out there as we have always missed out on opportunities that require Paypal as a means of payment on the internet.
I can’t recall how many times I missed out on advertising opportunities just because the advertiser can only make payments with Paypal.
There is no perfect timing for Paypal to come to Nigeria than now, just few weeks before the CBN cashless policy is implemented nationwide.
Paypal Nigeria will be dream come true for many of us who are looking to integrate this service into our business and websites.
Now it will be possible to make payments easily online and to also receive payments from any part of the world online. This will definitely bring new opportunities to Nigeria and bloggers like me.
We don’t have to sign up and verify Paypal through Payoneer anymore when the Paypal Nigeria services will finally kick off.
According to Rupert Keeley, the executive in charge of the EMEA region of PayPal, as from Tuesday 17th of June, 2014 Nigerians and other 9 listed countries sign up and use the online payment platform. That means that PayPal will now be used in 203 countries worldwide.
Update: An official statement has been made by Paypal to extend their services to 10 new countries confirming this report. Click here to check it out yourself.
Though only the “send money” feature will be available for now, i believe with time the full features of Paypal will be unlocked for these countries.
What do you think of this great news?