Paga, Nigerian fintech company, has announced a strategic partnership with PayPal, which is a move set to significantly expand access to international commerce and cross-border payments for individuals and businesses across the country.

Tayo Oviosu, founder and CEO of Paga said in a note that the partnership enables Nigerians to receive funds directly on PayPal and seamlessly withdraw them in naira through Paga’s locally regulated platform, eliminating long-standing barriers that have limited access to global payment networks.

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He stated that the announcement has generated widespread excitement among customers, with tens of thousands of Nigerians already signing up and using the service.

The collaboration is aimed at simplifying access to international payments while providing more efficient ways for people to move, manage, and receive money, Oviosu said.

“For the first time, the world’s largest payments and commerce ecosystem is open to Nigerians in a meaningful way,” he said. “Freelancers can now get paid, families can send and receive support and businesses can participate more fully in global commerce without workarounds.”

He noted that while payment companies continually work to balance security and accessibility, challenges can sometimes arise.

In response, Oviosu said the firm is working closely with PayPal to actively support users experiencing unresolved issues.

Customers who are fully verified on Paga at KYC Level 3 and encounter difficulties linking or using their PayPal accounts have been advised to contact the company for dedicated support and case reviews.

He described the partnership as a major step toward building a more inclusive digital economy for Nigerians, highlighting PayPal’s renewed commitment to understanding and investing in the local market.

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Oviosu noted that the collaboration would unlock new economic opportunities by enabling Nigerians to participate more easily in global digital trade, cross-border remittances, and online services.

Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.

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