PayPal is an international e-commerce business allowing payments and money transfers to be made through the Internet. Online money transfers serve as electronic alternatives to paying with traditional paper methods, such as checks and money orders.
PayPal is an acquirer, performing payment processing for online vendors, auction sites, and other commercial users, for which it charges a fee. The fee depends on what currency or payments the seller is using.In addition, eBay purchases made by credit card through PayPal may incur extra fees if the buyer and seller use different currencies. In a layman’s term, it’s simply your virtual bank for payment and transfers of cash via Skype, Facebook, eBay amongst others. Before now, it was not available to customers in countries like Nigeria. If you need to use a PayPal account from a Nigeria proxy address (like you home address), you would need to go through some third party but all that is history now.
The service has been launched so relax Nigerians and get shopping.
You can follow us on Twitter, add us to your circle on Google+ or like our Facebook page to get first-hand information on ICT related issues.
Its official, Drive is operational. Google’s own cloud storage facility which will rival existing services such as Dropbox, Apple’s iCloud and Microsoft’s SkyDrive.
Google Drive is a place where you can create, share, collaborate, and keep all of your stuff. Whether you’re working with a friend on a joint research project, planning a wedding with your fiancé or tracking a budget with roommates, you can do it in Drive. You can upload and access all of your files, including videos, photos, Google Docs, PDFs and beyond.
Google offer users up to 100 GB of online storage—for a fee. Not to worry, Google will also be offering its non-paying customers 5GB for free. Other changes include an increase of the Gmail inbox size from 7.5GB to 10GBand the Documents tab is now renamed Drive. (more…)