A total of 80 million internet users stand to gain access to PayPal global services. They include those in five European markets – Belarus, Macedonia, Moldova, Monaco and Montenegro; four African nations namely Nigeria, Cameroon, Ivory Coast, and Zimbabwe, as well as Paraguay.
The firm provides online payment alternatives for consumers via mobile phones or personal computers in markets often blighted by financial fraud.
Reuters quoted the Executive in Charge of Europe, the Middle East and Africa (EMEA) region of PayPal, Rupert Keeley to have said in an interview that the expansion would bring the number of countries it serves to 203.
Beginning from today, consumers in Nigeria, which has 60 million users and has Africa's largest population, along with nine other markets in sub-Saharan Africa, Eastern Europe and Latin America will be able to make payments through PayPal, it said.
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