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Africa: PayPal expansion into Africa

Oluniyi David Ajao writes about PayPal expansion into Africa, “Hitherto, South Africa had been the only African country supported by Paypal. The popular online financial institution has now extended its services to Botswana, Cape Verde, Namibia, Togo and Tunisia, on the African continent. In all the six countries however, users can only send, and not receive funds via paypal.”

3 comments

  • Does paypal have a plan to change this situation?

  • paternus

    I live in Namibia and I think it will be a good idea that paypal can establish a good market here. I am always on the net and need to buy and sell goods but presently there are no good merchants who can help me. The local banks charge quite very high to send money in US dollars to another foreign country and most websites require a paypal account to send money to US or UK and others. I am really stuck in the mud. Is there any tangible reason why paypal would be customers can not send and recieve in both instances.
    Your response will be appreciated

  • l need finance help for small business l am in Ghana
    thank you

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