As First Bank partners with PayPal to bring online service payment to Nigeria, the Regional Director, Sub-Saharan Africa, PayPal, Mr Efi Dahan says that Nigerian can now operate a fraudulent free transaction online through PayPal.
Speaking on Channels Television’s programme, Business Morning, on Wednesday, Mr Efi Dahan, said “Nigeria is a major country in Africa and PayPal preparation, bring online services to Nigeria where people can do online shopping making it easier and faster and most secured for customers to use”.
“Nigeria can open a PayPal account leave their credit card or debit card and do online shopping all over the world safe and secure with PayPal,” he said.
Another guest on the programme, was the Group Head, E-Business of First Bank, Chuma Ezirim, who said that the bank partnership with PayPal identifies a way of installing confidence in Nigeria’s online transaction, thereby opening up the market in Nigeria and the diaspora.
Mr Ezirim made an assurance that the PayPal would be different from fraudulent acts, stating how important it is that people should know the benefits of PayPal.
“Most people still pay on delivery because they are scared of online payment, which is susceptible to fraud. What PayPal does is that it hides their card and account details from the merchant of Comcast when paying with your card and account details would not have access to your bank details, that’s why over the world people decide to pay with PayPal,” he noted.
The partnership with PayPal is not restricted to only First Bank’s customers. It has opened up the scheme to Nigeria to have a Nigerian bank issued card.
He assured Nigerians that the usage of PayPal with that of First Bank would not attract hidden charges that would be debited into customer’s account, noting that it is a free transaction.
The First Bank Paypal transaction is the leading online service’s fastest payment online. The services offer consumer an opportunity to buy online and do shopping without sharing their financial information to sales online.
