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Nigeria, Africa, PayPal payment, linking, payoneer, transferwise, Skrill, payment,
- Listed: 16 March 2021 15 h 56 min
Description
Nigeria, Africa, PayPal payment, linking, payoneer, transferwise, Skrill, payment,
Here is a blog post in English:
**Title:** “Overcoming PayPal Restrictions in Nigeria: A Plea for Easier Money Transfers”
**Introduction:**
As a Nigerian entrepreneur, I’m sure I’m not the only one who has faced the frustration of dealing with PayPal restrictions in Nigeria. For those who may not know, PayPal has limitations on receiving payments from individuals and businesses resident in Nigeria. For legitimate businessmen like myself, this can be a huge obstacle. My problem is with receiving payments from BeatStars, a music production platform that only accepts PayPal payments. It’s not just individuals who are affected; this restriction is undermining the growth of our economy.
**The Problem with PayPal Restrictions:**
In Nigeria, PayPal has reasons for restricting payments, citing concerns about fraud. However, this restriction is not stopping fraudulent activity, and it’s also affecting legitimate businesses like mine. I understand the need for caution, but surely there must be a better way to strike a balance between security and convenience.
**A Potential Solution: Linking PayPal to Alternative Payment Methods:**
One possible solution could be for PayPal to allow Nigerians to link their accounts to alternative payment methods like Payoneer, TransferWise or Skrill. This would enable us to receive payments more easily and efficiently. I’m not asking for a full-fledged PayPal presence in Nigeria, just a way to facilitate transactions with PayPal as an option.
**The Impact on Legitimate Businesses:**
As a musician who relies on BeatStars to sell my beats, not being able to receive payments is having a significant impact on my business. This is just one example, but I know there are many other entrepreneurs who are facing similar challenges. The restriction is not only affecting individuals but also the economy as a whole.
**Conclusion:**
I urge PayPal to reconsider its approach and find a way to make it easier for Nigerians to receive payments. By linking PayPal to alternative payment methods, we can ensure that both security and convenience are prioritized. This would be a welcome relief for entrepreneurs like myself who are struggling to navigate the current restrictions.
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