PayPal announces successful Nigerian launch

|By:, SA News Editor

PayPal (NASDAQ:EBAY) has signed up tens of thousands of Nigerian customers after opening its online platform in the country last week.

In a market often plagued by financial fraud, PayPal is offering online payment alternatives to Nigeria - Africa's largest economy.

The company announced last month that in intends to enter ten new nations, bringing the total number of countries serviced to 203.