Nigerians are pros when it comes to shopping and PayPal just confirmed it!
The platform which is one of the most popular mediums Nigerians use to pay for items online says that about 55% of Nigerians have used the platform for purchases in the past 12 months. The report claims that Nigerians have spent about N128.1 billion ($610 million) in 2015 using PayPal, with an estimated target of N172 billion ($819 million) this year.
According to PayPal’s General Manager Africa and Israel, Efi Dahan,
“Nigerian online shoppers have realized that the world is their shopping mall when it comes to buying what they need and want. ‘They are no longer limited to what they can buy domestically, and are confidently scouring the globe for great deals, more choice, high quality and premier brands,”
While China still remains the global leader with 86 percent of all online shoppers using their smartphones. Nigeria’s 72 percent is third after India’s 82 percent.
With a report like this, it is still shocking to see that Nigerians can’t receive payments directly to their PayPal accounts.