It has been so frustrating up until now, but finally it seems that we in South Africa can now also receive funds with Paypal!!! Sadly its only available to FNB clients at the moment, but hopefully this is only the beginning of things! You have no idea how much of a difference this makes, as up until now, there hasn’t really been a trusted electronic site with which people could receive money in SA.
If you’re interested, read the rest of the article at ITWeb
For now I am still deciding whether I should wait for my bank to also collaborate with FNB, or if I should just create an account with FNB…. I’ll give more feedback if I give it a try!
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I’m going to open an FNB account, they deserve my business for taking the initiative. SA banking suck, we all know that. They suck the money out of your hands at every stage of the banking process but at least FNB has done this one little thing right. It will be interesting to see what kind of charges they hit you with through the Paypal South Africa experience.