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Nairaland Forum / Nairaland / General / Business / Opening Paypal Business Account In Nigeria (1049 Views)
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Opening Paypal Business Account In Nigeria by IdeasPro(m): 10:04am On Nov 28, 2019 |
It was good news when PayPal opened the doors to Nigerians to use their payment platform to make online payments without any hassle. Although it is okay on the one hand, the bank or company that it has not done enough to balance the equilibrium. Years have passed now without PayPal opening the doors for Nigerian merchants to receive payment from selling goods and services online. It is time to speak out so that those involved should sit up and do the needful. If there are technologies these bank should put in place to make PayPal management allow us to use PayPal Business Account without working around some bottlenecks with fear and trepidation, let them do it. Ultimately, it benefits everyone involved in the service chain. I want to know the bank that brought PayPal to Nigeria and let us reach out to them to know what is stalling the next phase of PayPal allowing Nigerians to create merchant account to receive payments for digital products and services as well as physical goods/services. I’m not sure, I think someone said it was First Bank then. Can we get their technology department team to address this issue? The year 2020 should not be a time to only pay, pay and pay. It should also be a time to receive, receive and receive as well. Please make your own contributions for the way forward. We must continue to prevail on our leaders to do the right things now if they want fraud, scam, 419, etc to stop. If you support this clarion call, please click the “Like” button and let this thread be on fire. If you have anyone in management team of any bank call their attention to it. Something must happen! We’ll all succeed together! Long Live Nigeria! Long Live Our Online Businesses!! 18 Likes |
Re: Opening Paypal Business Account In Nigeria by All4good: 7:20am On Feb 18, 2020 |
No bank brought PayPal to Nigeria. Between 2006 to 2015 during the Ebele Goodluck administration, Nigerian-Paypal was making and RECEIVING payments. Its about meeting financial regulatory standards. Ngozi Okonjo Iweala ensured this during her tenure as finance and coordinating minister. Also note that Paypal started working for the first time in Nigeria under Ngozi Okonjo-Iweala The fund receipt function in Nigerian-paypal was disabled the same year if not month, this Buhari regime took over. CHANGE you voted for. |
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