--- description: PayPal will add 10 new countries, including Nigeria, to its e-commerce empire. title: PayPal Extends Its Reach to 10 Countries image: https://static.time.com/v3/assets/bltea6093859af6183b/bltde093bcdab65f2d0/6988d9b9bc6cfc69913e2a3c/time-logo.jpg?branch=production --- * [World](/section/world/) ## World Update your preferences in [Account Settings](/account/preferences/) Close # You Can Now Use PayPal to Buy and Sell Stuff in 203 Countries by [Hannah Goldberg](/author/hannah-goldberg/) ## Hannah Goldberg Update your preferences in [Account Settings](/account/preferences/) Close Jun 16, 2014 7:26 PM CUT by [Hannah Goldberg](/author/hannah-goldberg/) ## Hannah Goldberg Update your preferences in [Account Settings](/account/preferences/) Close Jun 16, 2014 7:26 PM CUT Internet payment company PayPal is [opening](http://www.reuters.com/article/2014/06/16/us-internet-paypal-idUSKBN0ER1ML20140616 "undefined") for business in 10 new countries this week, bringing the total number in which it operates to 203. PayPal is expanding into the following countries: Belarus, Macedonia, Moldova, Montenegro, Monaco, Cameroon, Ivory Coast, Zimbabwe, Paraguay and Nigeria. The latter has the largest potential marketplace for PayPal with 60 million Internet users, according to measurements by Euromonitor International. PayPal will not introduce all its services at once in the new countries. PayPal executive Rupert Keeley told Reuters the company will only launch the “send money” feature at first, which allows consumers to make online payments to pre-approved merchant sites. The service will not enable payments to local merchants, but Keeley believes that PayPal can still “give our sellers selling into this market a great deal of reassurance.” The eBay-owned e-commerce company also hopes to increase the number of secure Internet transactions in countries fraught with fraudulence, [Reuters](http://www.reuters.com/article/2014/06/16/us-internet-paypal-idUSKBN0ER1ML20140616 "undefined") reports. \[[_Reuters_](http://www.reuters.com/article/2014/06/16/us-internet-paypal-idUSKBN0ER1ML20140616 "undefined")\] ```json [{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://time.com/2884823/paypal-countries/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/2884823/paypal-countries/"},"headline":"You Can Now Use PayPal to Buy and Sell Stuff in 203 Countries","datePublished":"2014-06-16T19:26:29.000Z","dateModified":"2026-02-21T08:26:36.529Z","description":"PayPal hopes to ease online transactions in fraudulent countries","url":"https://time.com/2884823/paypal-countries/","keywords":["Internet","Business topic","Markets","paypal"],"thumbnailUrl":"","author":[{"@type":"Person","name":"Hannah Goldberg","jobTitle":null,"url":"https://time.com/author/hannah-goldberg/"}],"articleSection":"World","image":[],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"/section/world/","name":"World"}},{"@type":"ListItem","position":2,"item":{"@id":"https://time.com/2884823/paypal-countries/","name":"You Can Now Use PayPal to Buy and Sell Stuff in 203 Countries"}}]}] ```