Paypal To Introduce Credit Card With 2% Cash Back - Business - Nairaland
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| Paypal To Introduce Credit Card With 2% Cash Back by Truth234(m): 3:44am On Aug 31, 2017 |
PayPal Holdings Inc. is planning to relaunch its old product to extend services beyond the digital realm. The online payment giant is introducing a credit card that will offer customers 2 percent cash back on purchases, one of the few highest rebate rates, with no annual fee. In an effort to transform PayPal into a financial tool for everyday use by its 210 million customers. Dan Schulman, the Chief Executive Officer of PayPal, has forged 24 deals in the last 18 months with financial and technology companies including Apple Inc., Visa Inc. and JPMorgan Chase & Co., “Not only are they using us to shop outside of PayPal in the physical world but they’re also shopping more on PayPal with this card,” said Darrell Esch, chief commercial officer for global credit at the San Jose, California-based company. In the last 12 months, transactions per user has risen 10 percent to 32.3, according to a company statement. However, with Nigerian mobile shoppers spending $610 million in 2015 through the online payment company and an estimated $812 million in 2016. “Access to a globally acceptable credit card and 2 percent rebate might see that number a little above a billion dollar soon,” said Samed Olukoya, a foreign exchange research analyst at Investors King Ltd. “This could lead to more capital flight and worsen financial woes of local e-Commerce companies,” he added. It is unclear if PayPal would allow Nigerian users access to its new product or extend withdrawal restriction to the credit card in Nigeria. Nigeria is currently ranked third largest mobile shopper by PayPal Holdings Inc. The online payment giant has partnered Synchrony Financial, the biggest issuer of private-label credit cards, to help rollout the cards. http://investorsking.com/paypal-introduce-credit-card-2-cash-back/ mynd44 2 Likes |
| Re: Paypal To Introduce Credit Card With 2% Cash Back by Nobody: 8:02am On Aug 31, 2017 |
Good news but PayPal needs to start allowing us receive funds and spend legitimately on its platform, I keep saying this "It shall not be well with those yahoo boyz that misused their system initially" FTC 32 Likes 3 Shares |
| Re: Paypal To Introduce Credit Card With 2% Cash Back by SirHouloo(m): 8:02am On Aug 31, 2017 |
Sponsoring 'who want to be a millionaire' TV show alone is enough advert on self. |
| Re: Paypal To Introduce Credit Card With 2% Cash Back by paulchineduN(m): 8:02am On Aug 31, 2017 |
How does this concern my Infinix Note 3 that does not play games when it's installed? 3 Likes |
| Re: Paypal To Introduce Credit Card With 2% Cash Back by Franco93: 8:03am On Aug 31, 2017 |
Anyone with an idea how you can recharge your paypal account? Is from your bank account or what? |
| Re: Paypal To Introduce Credit Card With 2% Cash Back by itiswellandwell: 8:03am On Aug 31, 2017 |
Ok. Not sure if Nigeria will be beneficiary of this product.. Check my signature for your quality customised Atm card flash drive and full capacity powerbank |
| Re: Paypal To Introduce Credit Card With 2% Cash Back by aku626(m): 8:04am On Aug 31, 2017 |
Does PayPal still work in Nigeria 2 Likes 2 Shares |
| Re: Paypal To Introduce Credit Card With 2% Cash Back by nairalandfreak(m): 8:04am On Aug 31, 2017 |
Sad for Nigeria 1 Like |
| Re: Paypal To Introduce Credit Card With 2% Cash Back by ogole1(m): 8:06am On Aug 31, 2017 |
good |
| Re: Paypal To Introduce Credit Card With 2% Cash Back by wolextayo: 8:10am On Aug 31, 2017 |
Credit cards and the scammers ! Panda! 2 Likes |
| Re: Paypal To Introduce Credit Card With 2% Cash Back by Neduzze5(m): 8:12am On Aug 31, 2017 |
Thunder sill soon fire PayPal 7 Likes |
| Re: Paypal To Introduce Credit Card With 2% Cash Back by stewatt(m): 8:12am On Aug 31, 2017 |
Good news.. More avenue for CC topups blessings all along 5 Likes |
| Re: Paypal To Introduce Credit Card With 2% Cash Back by April4th(m): 8:12am On Aug 31, 2017 |
Useless paypal, they want to keep milking Nigerians but they don't want us to make money through them. 4 Likes |
| Re: Paypal To Introduce Credit Card With 2% Cash Back by Benjom(m): 8:13am On Aug 31, 2017 |
Until they start allowing us to receive funds via their platform, I'll never initiate any of my online payment through them... Shikena! 7 Likes |
| Re: Paypal To Introduce Credit Card With 2% Cash Back by codemaniacs: 8:13am On Aug 31, 2017 |
kk 6 Likes |
| Re: Paypal To Introduce Credit Card With 2% Cash Back by BUSHHUNTER: 8:16am On Aug 31, 2017 |
Pidgin2: Your dad might be a Yahoo man in one way or the other, have you checked the entire boys in your family? that mofo! bursting your pvssi day and night might also be one! Typical church goer! Modified Not one of them but your comment is so wrong! work on yourself in future dunce! 5 Likes 1 Share
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| Re: Paypal To Introduce Credit Card With 2% Cash Back by Nobody: 8:20am On Aug 31, 2017 |
Pidgin2:PayPal just don't wanna give Nigeria full access. No be Yahoo boys something.. Nigeria is the 3rd ranked country for cybercrime. USA and UK dey ahead of us for the Yahoo things but them dey use PayPal wella. PayPal no just want give us that one 2 Likes |
| Re: Paypal To Introduce Credit Card With 2% Cash Back by Nobody: 8:24am On Aug 31, 2017 |
PayPal should allow us receive Money on their platform 3 Likes |
| Re: Paypal To Introduce Credit Card With 2% Cash Back by Nobody: 8:27am On Aug 31, 2017 |
SirHouloo: Is PayPal sponsoring it now? |
| Re: Paypal To Introduce Credit Card With 2% Cash Back by Jadoskii(m): 8:28am On Aug 31, 2017 |
Pidgin2:yes I ..it shall not be well with them 1 Like |
| Re: Paypal To Introduce Credit Card With 2% Cash Back by Coldfeets: 8:30am On Aug 31, 2017 |
Pidgin2: Please, indulge me. Was there ever a time they allowed Nigerians to use their site before blocking Nigerians from their services? |
| Re: Paypal To Introduce Credit Card With 2% Cash Back by Fingerprinter(m): 8:31am On Aug 31, 2017 |
BUSHHUNTER: Oga, why you take am personal na? You be yahoo boy? 3 Likes |
| Re: Paypal To Introduce Credit Card With 2% Cash Back by Nobody: 8:33am On Aug 31, 2017 |
Not intrested in something that only allows me to spend & not receive plus i will discourage anybody who intends to partake in it 2 Likes |
| Re: Paypal To Introduce Credit Card With 2% Cash Back by Nobody: 8:34am On Aug 31, 2017 |
Franco93: Yes from your bank account |
| Re: Paypal To Introduce Credit Card With 2% Cash Back by BUSHHUNTER: 8:36am On Aug 31, 2017 |
Fingerprinter: No! but i get ish with ppl going to church day and night and still doing bad things! why cursing them? on Sunday she go carry Bible go Church go dey pray? Hypocrites everywhere! |
| Re: Paypal To Introduce Credit Card With 2% Cash Back by Chuzzyone(m): 8:43am On Aug 31, 2017 |
itiswellandwell:how much does it cost to get customized flash drive ID card. And customized atm.  |
| Re: Paypal To Introduce Credit Card With 2% Cash Back by YhungPablo(m): 8:46am On Aug 31, 2017 |
Pidgin2:shut up, it will be well with them, what's ur problem.. Is it only ur country they block ? |
| Re: Paypal To Introduce Credit Card With 2% Cash Back by YhungPablo(m): 8:48am On Aug 31, 2017 |
You can pm for a verified us or any other country PayPal account |
| Re: Paypal To Introduce Credit Card With 2% Cash Back by gurunlocker: 8:48am On Aug 31, 2017 |
Pidgin2: Amen to that.... it shall never be well with them. They are the one making this PayPal hard for us, because they know if they give us full access, that will be a step further with their scam... 1 Like |
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