Paypal, the online payment giant offers an easy way of paying and receiving payments online. It has made businesses run smoothly due to its efficient and reliable system, which is most of all secure. They offer a money back guarantee if you make a payment and did not get the product you paid for, but there is a catch, and most people do not even know it. Wait a minute, do not rush in to thinking everything is about you, rather, this has everything to do with the banking system in your country. If the banking system in your country is reliable, then you get the full paypal services, but if its not, it becomes a different story. In a country where the banking system is not reliable, they may decide not to offer services to its residence, or they may just allow you to send but not receive payments. You will be able to sign up but you will not see the options of accepting payments but you will still be able to buy using your paypal account. The reason behind this is that they need to be able to keep their promise of repaying you the amount you lost when you made a payment using your paypal account for a product that you did not receive in-turn. In a country with an unreliable banking system, it becomes very difficult to recover the money you received if you do not ship the product you sold to someone. So for this reason, they only allow you to pay but not get paid via their system. One example of a country that is facing this challenge is Zimbabwe, you can google it see for yourself the service they are getting. The problem of this half service is that it becomes impossible for that country’s citizens to transact between themselves using paypal, and also they can not really do international business using Paypal. Well there is a workaround to this problem, all you need to do is open a Payoneer account, they actually send you a Prepaid Debit Card. After opening this account you go to the Paypal website and open a business account and link your Payoneer account to the Paypal account using the VISA enabled Debit Card, its that simple, you are now good to go, now you can receive payments via paypal.
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