Online payment firm, PayPal has said it has concluded plans to extend its services to ten new countries this week, including
PayPal had excluded
Keeley said: "Starting on Tuesday, consumers in
Once the services go live, customers in the ten countries with access to the Web and a bank card authorized for Internet transactions will be able to register for a PayPal account and make payments to millions of sites worldwide.
Initially, PayPal is only offering "send money" services for consumers to pay for goods and services at PayPal-enabled merchant sites while safeguarding their financial details. This is free to consumers and covered by fees it charges merchants.
"We think we can give our sellers selling into this market a great deal of reassurance," noted Keeley, adding that, "PayPal does not yet cover peer-to-peer transactions, which allow consumers to send money to other consumers. It has not yet enabled local merchants in the new markets to receive payments, nor is it offering other forms of banking services."
A total of 80 million Internet users stand to gain access to PayPal global services this week, including those in five European markets -
PayPal counts 148 million active accounts worldwide.
This is coming just a week after
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