Good News!!! Nigerians internet users can now create and access paypal without the fear of getting ban due to ip or something because officially PayPal entered 10 countries this week, 3 African nations — Cameroon, Ivory Coast, and Zimbabwe and five European markets — Belarus, Macedonia, Moldova, Monaco and Montenegro, and also Paraguay including Nigeria, providing online payment alternatives for consumers via mobile phones or PCs.
This is long term dream everybody has been dreaming about, thanks to all who sign the petition to support paypal for nigeria and all who follow the Paypal Nigeria hashtag on twitter and now they’v listen to us by providing us with the access to use paypal.
Anybody from or in these countries can now legally use PayPal like other countries does around the world, but before you can decide on whether to create a Nigeria paypal account there are certain limitations in place for now which can hold you back from registering and thats the more reason why this article came up, below i’ll be highlighting the reasons why i can or you should not rush over to the registration page all in the name of “PayPal has allowed Nigeria, let me register and start transacting right away” there are 3 bad news and 1 good new from this paypal nigeria.
3 Reasons Why You Shouldn’t Register A Nigeria Paypal Account As Of Now
1. Can’t Send Or Receive Money
Currently as of now, you can’t send money directly to other PayPal users and vise versa (you can’t receive payments directly with your PayPal account). I guess PayPal is trying to be on the safe side and see how it goes before allowing users in these countries full access to their services.
2. Can’t Link Nigerian Debit Cards I’m pretty sure, since yesterday some of my facebook friends have been complaining of being unable to link their card to their paypal account, they’ve tried GTB Mastercard and it was unsuccessful, it displays error as shown in the image below.
Update: 19/06/2014 (2. Can’t Link Nigerian Debit Cards)
You Can Now Successfully Link GTB Master Card, UBA Africard, and Any Master card from any bank.
3. Can’t Link Bank Account
Theres also a problem linking bank account to your nigerian paypal account, i’ve tried adding my bank account but all i see was “Bank account isn’t available, paypal doesn’t offer this feature at the moment.”
I’ve seen many people on facebook embracing this as a welcome development with a very huge hope that the service would be fully rolled out for Nigerians in future while others are very disappointed with the limitations.
Now that i’v highlighted the bad ones out the 4 news, whats the good news all about?
The good news is that you can check out on any merchant websites using PayPal as method of payment and pay securely using their credit or debit cards without their financial details being exposed as claimed by PayPal this is free for users and any charge would be covered by the merchant.
And now let me show you why it’s useless now! (you can’t link your card, bank and can’t receive money!)
Now tell me how you’ll get it funded in order to fulfill the good news???
This is not bad at all for a start considering the hassles we have gone through when purchasing stuffs online. Hoping that other services will be included real soon.
Your Turn : Conclusions
As an online businessman and internet marketer, some of the most used method of payment is paypal and before now most of you might have been running paypal using proxies or VPN and now that Nigeria has been accepted into the program, what would you do with your foreign account? Is this the right time to ditch your foreign account for nigerian account?
As for me i’m still very much enjoying my USA and CHINA account than to ditch it for nigerian account with less features.