PayPal Expands Payment Services To Nigeria, 9 Other Markets

PayPal, a leading global payments provider, announced plans to introduce services into Belarus, Cameroon, Côte d’Ivoire, Macedonia, Moldova, Monaco, Montenegro, Nigeria, Paraguay, and Zimbabwe starting from Monday 16th June.

As services go live, the people of the markets 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 addition of these markets will bring the total number of markets PayPal serves to 203.

“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,” added 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 authorized for Internet transactions by the issuing bank will be able to register for a PayPal account and start making payments.

Founded in 1998, PayPal said it will continue to be at the forefront of the digital payments revolution, giving people direct control over their money.

Through her innovations, PayPal has made life better for over 148 million active accounts in 26 currencies and across 203 markets, processing more than 9 million payments daily.