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Monday, November 23rd, 2009

Money Link: The problem with e-commerce and online payments in Africa

September 26, 2007 by Mark  
Filed under Finance

Erik Hersman from Thought Leader offers his local insight into online payments in S. Africa in this post, The problem with e-commerce and online payments in Africa.

“A lack of true online payment options is crippling African e-commerce, and South Africa is no exception……You see, in Africa PayPal only allows you to send money to people; you can’t receive or withdraw it, which of course defeats the purpose of trying to run a business.”

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Comments

2 Responses to “Money Link: The problem with e-commerce and online payments in Africa”
  1. DoughFlow says:

    South Africa is supported within the DoughFlow cashier system via our relationship with an e-wallet that can deal with South Africans in their own currency (RAND). Contact us if you would like to find out more.

    There are solutions, and we can help you find them.

Trackbacks

Check out what others are saying about this post...
  1. Is a common African e-commerce platform possible?…

    This blog post is a direct response to Erik Hersman’s blog post: The problem with e-commerce and online payments in Africa.
    Erik Hersman, a fellow African blogger, shared his thoughts about the need for an African e-payment system. He starts with a l…



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