In an ongoing process geared at setting the pace for the full scale rollout of the Equity 3.0 strategy aimed at facilitating a cash lite economy in East Africa, Equity Bank has now confirmed its partnership with some of the world’s leading merchant business and payment processing firms. The Bank, which reported a 58% growth
As part of its recent global rebrand, PayPal has announced findings from a 15-country survey aimed to understand both universal human attitudes and country-specific variances in perspectives about time, technology, money and other central elements of the People Economy. “While we’re not yet in the business of solving gridlock, we know that whenever we can
Nigerian online merchants have welcomed the launch of PayPal in the West African country, saying it will lead to a growth in internet transactions, though warning it needs to integrate with local platforms. HumanIPO reported earlier this week PayPal had become available in ten new markets, including Nigeria, Cameroon, Ivory Coast and Zimbabwe. Adeoye Ojo,
PayPal, a leading global payments provider, announced plans to introduce services into 10 new markets, starting from today. As services go live, the people of Belarus, Cameroon, Côte d’Ivoire, Macedonia, Moldova, Monaco, Montenegro, Nigeria, Paraguay, and Zimbabwe will be able to register for a PayPal account and start making payments on millions of websites around
PayPal launched PassPort, a website designed to educate and empower small businesses with free tools to expand their global sales. PassPort provides country-specific guidance on seasonal sales peaks, including holidays and events; cultural customs, taboos and trends; shipping and distribution logistics; currency exchange and fees; and customs procedures and taxes. “Small business owners know that
A petition has been launched on Change.org asking PayPal to bring its online payment service to Nigeria by Lagos-based design company CreativityKills. The petition, which at the time of going to press had 88 supporters, said, though being citizens of the country with the largest economy in Africa, Nigerians that want to take part in
PayPal announced transformational changes to its brand identity, including the unveiling of a new logo. The new look reflects PayPal’s simplicity, convenience and security, redesigned for today’s dynamic, mobile-first world. This is the first time PayPal has updated its identity since 2007. “Our new brand identity goes far beyond an updated logo,” said David Marcus,
After coming under fire recently from Carl Icahn, the activist investor who believes eBay should spin off 20% of its PayPal division, eBay has released the following statement: “PayPal and eBay are better together. That’s been true for the past five years, during which time PayPal and eBay have generated a 441% increase in share price for our
While PayPal is better known and long-established, 13 challenger brands including Square and Amazon Payments are gaining recognition and credibility in the rapidly changing payments marketplace, according to Merchant Paymentality, a Cogent Reports study from Market Strategies International. “Currently, PayPal is the only alternative web- and mobile-based payment processing provider among a field of 35 competitors to earn ‘Star’
PayPal and Deutsche Telekom have announced a direct carrier billing relationship, which enables Deutsche Telekom users to make purchases directly to their mobile phone account. Now a part of PayPal’s carrier payment network, Deutsche Telekom and PayPal will help to extend carrier payments across Europe and will provide an opportunity for both companies to reach
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