PAYPAL TO MAKE ITS DEBUT IN NIGERIA! WHAT IT REALLY MEANS FOR LOCAL RETAILERS AND NIGERIANS!
Paypal to make its debut in Nigeria! What will it mean for the retailers ? Will it make taking over the Nigerian market a lot easier? We say it will. Here is the fact: According to Reuters report , PayPal is set to make an entry into Belarus, Macedonia, Moldova, Montenegro, Monaco, Cameroon, Ivory Coast, Zimbabwe, Paraguay and Nigeria. Nigeria holds the biggest potential market for PayPal considering that the West African country has an estimated 60 million Internet users according to statistics from Euromonitor. This new expansion will bring the total number of countries under PayPal’s coverage to 203. Aside from holding a large number of internet users, Nigeria also has the enviable position of one of the most engaged internet users whose economy is currently thriving. That simply means they will be more money to spend. Retailers such as Amazon will more than likely see a boon in orders because Nigerians love products from the USA. Local web...