| 30/10/06 - Paypal expands operations to cover Cape Verde |
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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.
Founded in 1998, PayPal, enables any individual or business with an email address to securely, easily and quickly send and receive payments online. It serves as an electronic alternative to traditional paper methods such as checks and money orders. PayPal has quickly become a global leader in online payment solutions with 100 million account members worldwide. Available in 103 countries and regions around the world, the company claims 14 million accounts globally, and total transactions of US$8.9 billion in the second quarter of 2006
Source: Africa Blogs |
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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.
