Doing Business With PayPal and other Online Payment Processing Companies as a Nigerian or other Paypal unapproved countries
CHAPTER 1: INTRODUCTION
PayPal is the world’s largest payment processing company, with over 50
million account holders worldwide. Part of the huge eBay empire since they
became a wholly owned subsidiary in October, 2002, PayPal offers what is
generally a fast, easy and safe (in some sense) way to both receive and send
money online.
Perhaps it should come as no surprise that as a part of the eBay group, over
90% of eBay merchants and traders accept PayPal as their preferred manner
of payment. So the company now handles more than £9.5 billion in online
monetary transactions every year.
PayPal offers a payment system and method wherein even the smallest
business or private individual can send and accept money to and from a huge
number of countries worldwide, as long as both parties to the transaction
have an email account.
In addition, PayPal is able to offer many of the financial facilities most
commonly associated with banks and other similar commercial institutions
such as credit cards. The simple and basic fact is that it is almost impossible
to run any kind of successful online business without using the services of
PayPal.READ MORE
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