ATR
CAF Data Centre Industry Outlook
HSSR rebrand
Communications Africa

twitteryou tubeacpRSS Feed

PayPal and First National Bank (FNB) have announced they will be extending their partnership to offer PayPal withdraw service in Botswana

The service will allow FNB bank customers in Botswana to avail withdraw service provided by PayPal. Under this service, FNB customers can open a PayPal account and be eligible to receive payments in up to 26 different currencies. Customers can then link their PayPal account to their qualified FNB bank account and initiate withdrawals. During withdrawals, FNB will convert the amount from USD to Botswana Pula according to its conversion rate.

According to the company statement, this service gives local businesses the flexibility to do business on a global level and gain access to PayPal’s 183mn active customer accounts in 203 countries and markets.

Commenting on the partnership, PayPal general manager sub-Saharan Africa and Israel Efi Dahan said, “We are very excited to introduce this local withdrawal service into the Botswana market. Our extended partnership with FNB Botswana is very exciting because it provides an avenue for merchants to gain even greater control, grow their businesses globally and succeed in an increasingly competitive environment.”

PayPal had previously partnered with FNB to launch their withdrawal service in South Africa. Dahan commented that the expansion to Bostwana is a major milestone in Paypal’s initiative to enable e-commerce across sub-Saharan Africa and integrate it into the global marketplace.

Oil Review Africa
NEW interactive digital platform

Most Read

SES to acquire Intelsat in compelling transaction focused on the future. (Image source: SES)

In the MENA region, cybersecurity is crucial amidst rising digitalisation and state-sponsored cyber threats, met by BBS Technology's comprehensive solutions. (Image source: Adobe Stock)

Sparkle and Arqit’s quantum-safe VPN PoC heralds a new era in secure global communication. (Image source: Adobe Stock)

(L-R): Dr Diane Karusisi, CEO, Bank of Kigali and Dr Reda Helal, group managing director – processing, Africa and co-head group processing, Network International. (Image source: Network International)

Avanti and Q-KON partner to launch LEO satellite services in South Africa, enhancing connectivity and business resilience. (Image source: Avant Communications)

AMN activates first base station with Starlink LEO backhaul, expanding rural connectivity in Nigeria and beyond. (Image source: AMN)

World Bank’s analysis reveals Djibouti’s digital economy potential and challenges, urging multi-sectoral collaboration for growth. (Image source: Adobe Stock)

Paratus Group pioneers fastest fiber express route linking Johannesburg to Europe, revolutionising telecommunications with low latency and high-speed connectivity. (Image source: Adobe Stock)

Vertiv launches Vertiv 360AI in EMEA, offering high-density power and cooling solutions to meet the demands of AI, from edge to data centers. (Image source: Vertiv)

Latest news

MTN Group hosted Nigeria's NIPSS delegation in Johannesburg, fostering collaboration on digital technology, youth empowerment, and job creation. (Image source: MTN Group)

Airtel Networks Zambia Plc and Zambia Industrial Commercial Bank partner to provide SMEs with 4G and 5G Internet devices, boosting efficiency and market access. (Image source: Adobe Stock)

The Hubs will provide small businesses with e-commerce training materials and resources, as well as in-person coaching and training sessions, so they can overcome challenges to selling online. (Image source: Adobe Stock)

True hybrid networks integrate diverse connections into a seamless, unified network regardless of infrastructure. (Image source: Livewire Digital)

enza will leverage TerraPay’s extensive connectivity to over 2.1 billion mobile wallets globally. (Image source: Adobe Stock)

BII announces a U$20m loan to TerraPay to enhance low-cost, high-speed remittance transfers to Africa, promoting financial inclusion and economic opportunities. (Image source: Adobe Stock)

Redington partners with Vertiv to empower African channel partners, leveraging Vertiv's critical infrastructure technology & Redington's extensive market reach. (Image source: Adobe Stock)

Hotspot Network Limited and NIGCOMSAT partner to deploy cutting-edge satellite technology, bridging the digital divide in Nigeria's rural areas. (Image source: NIGCOMSAT)

Mastercard Ghana Fintech Forum advocates cybersecurity and contactless payments to drive fintech growth. (Image source: Mastercard)

Bayobab’s new license enhances digital transformation with improved connectivity through fibre, satellite, and radio technologies. (Image source: Adobe Stock)

Kaspersky enhances incident response with digital forensics. (Image source: Adobe Stock)

Orange inaugurates the Orange Digital Center in Guinea-Bissau, fostering digital skills and entrepreneurship for a sustainable future. (Image source: Adobe Stock)

Huawei expands its LEAP initiative to train 150,000 talents in Sub-Saharan Africa by 2027, surpassing initial goals, promoting digital skills. (Image source: Huawei)

PAIX Data Centres expands Accra facility to 1.2 MW with a US$30M investment from Africa50, boosting connectivity and economic growth in Ghana. (Image source: Africa50)

Transforming Africa's digital economy: Data Centres powering growth, innovation, and sustainability in the digital era. (Image source: Adobe Stock)

Africa Tech Festival

More Articles