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
yesterday.
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.
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