Home Big Story With Nigeria debut, PayPal now live in over 200 markets

With Nigeria debut, PayPal now live in over 200 markets

With Nigeria debut, PayPal now live in over 200 markets
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PayPal, a leading global payments provider, announced plans to introduce services into Nigeria, under a plan to go live in 10 new markets, as from today.[blockquote right=”pull-right”]PayPal, owned by eBay, prides itself as making life easier for over 148 million active accounts in 26 currencies and across 203 markets, processing more than nine million payments daily.[/blockquote]

As services go live, the people of Belarus, Cameroon, Côte d’Ivoire, Macedonia, Moldova, Monaco, Montenegro, Nigeria, Paraguay, and Zimbabwe will be able to register for a PayPal account and start making payments on millions of websites around the world without the worry of entering their credit or debit card details online, the online payment company announced.

With the addition of these markets, it will bring the total number of markets PayPal serves to 203.

PayPal, owned by eBay, prides itself as making life easier for over 148 million active accounts in 26 currencies and across 203 markets, processing more than nine million payments daily.

The service gives people simpler ways to send money without sharing financial information, and with the flexibility to pay using their account balances, bank accounts or credit cards.

“While technology is breaking down barriers to global commerce, many people are wary of entering their credit or debit card details on the website of an unknown seller, operating in a distant country,” said Rupert Keeley, senior vice president of PayPal Europe, Middle East and Africa. “Paying with PayPal provides peace of mind, because people never have to expose their financial information during the transaction.”

Today’s announcement also means that businesses of all sizes now have the opportunity to start accepting PayPal payments from buyers in these ten markets.

“From today, people in more than 200 markets around the world will have the option to pay with PayPal,” adds Keeley. “We plan to work with our customers to help them take advantage of the opportunity to offer a safer and easier way to pay in markets they may not have explored before.”

PayPal services will roll out across the ten new markets in the coming days. Once live, anyone with access to the Internet and a card authorised for Internet transactions by the issuing bank, will be able to register for a PayPal account and start making payments, the company said.

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