I always wonder why Nigerians have been locked out of receiving payments from PayPal. What is the main reason for this? Is it government policy? Which other factor could be responsible?
What is the real reason paypal is not working in Nigeria?
- Thread starter Niyi Briggs
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- Thread starter
- #3
It is also very high in Ghana. I hope Ghana has been locked out of PayPal too. I think it is unfair to honest Nigerians.
There could be many reasons for that. i think that you can send money if you live in Nigeria, but you cannot receive money using PayPal.
I also think this is the reason why Nigerian users are not able to use paypal
- Thread starter
- #7
Sir, it is very unfair to us. They allow us to send money so we can fund others. But they restrict us from being funded.
I think it has to do with the involvement of Nigerians in many fraud cases. That's why we are having difficulties with PayPal
The government of Nigeria has banned PayPal mode of payments because it is used for online fraudulent activities.
The reason for the lockout is mainly due to government regulations and restrictions on international transactions. However it could also be because PayPal has seen a high rate of fraudulent activity coming from Nigeria, which has made them more cautious about allowing payments from the country.
Do we even have hope that Nigeria would ever be removed from the blacklist? It has prevented us from joining some online platforms.
PayPal is working in India. It is not banned. It's just that we can not let our money be sitting there. As soon as the money comes in our account, it is automatically transferred to our bank account without us having to send a withdrawal request. This is a new rule brought by goverment to control the cyber crimes. The government keeps a check so that people can't indulge in fraudulent activities. Also to bring all kinds of earnings into the radar of taxation.
That's good to hear your money from PayPal is auto transfer to your bank account. Ours in Philippines PayPal requests a bank link account and it takes us 2 to 3 days to withdrawn the money thru ATM the affiliated bank of PayPal.
Exactly, there are some sites i have come across but had to give them up cause i know I won't be able to withdraw. I don't think PayPal has any plans of removing Nigeria anytime soon though.
In india paypal is working
You are able to use people in India because the government have not restricted it.
Thank God for cryptocurrency if not, PayPal will restrict my online hustling. PayPal is losing relevance in Nigeria economy. Is before that PayPal use to give Nigerians concern but now we have cryptocurrency
Cryptocurrency is also banned in Nigeria ,the only way you can use cryptocurrency in via the peer-to-peer platform.