FNB finally answering our Paypal prayers

It’s not exactly official, but it seems that Paypal could be available to South African users, in it’s full glory, come April.

According to the Twitter buzz FNB is in talks with Paypal to make their services available to South African users in April 2010. So far FNB has kept quiet, but did confirm rumors that they were in talks with the online payment company. It is unclear how the process will work, because according to South African Finance laws, drawing money from your Paypal account will still be classified as illegal.

If FNB’s proposed plans work, this will be a great time for South African e-traders.

Purple Hazard