March 27th, 2010

I have been using PayPal to conduct international business for years and have always been frustrated by the fact that I could never receive payments directly to my PayPal account (as this was not legal in South Africa). Inevitably one finds other ways and means of dealing with this issue, credit card gateways and intermediaries like 2checkout.com come to mind but this naturally came at a premium and thus raised costs and was often quite inconvenient.

Then, enter FNB through a partnership with PayPal (that is surely going to fuel growth in e-commerce in South Africa along with the advent of low cost uncapped ADSL) and suddenly I can interact with anyone in the world cheaply and easily! What a game changer! I can launch a unique business or idea and become an international success overnight! Isn’t this excellent news? Aren’t you extremely positive about the economic landscape of this country? Well, I AM!!

I’m not sure how everyone else feels about all this, but I’d love to know…why not drop me a mail or post your comments below