26 Jun VIDEO AND BLOG: Facebook Pay stopped in its tracks! Is this PayPal’s fate too? What does this mean for payments across Africa?

Posted at 14:05h

 

Facebook Pay in Brazil

Stopped by the Central Bank

Whatsapp 120m users

Ordered MasterCard and Visa to stop

Blocked Cielo payment gateway relationship

All because the Central Bank of Brazil is rolling out own digital currency 

Is this their fate across Africa?

 

Black Lives matter movement:

Companies actively supporting with policies

Adidas, Amazon, IBM, Andreessen Horowitz, Facebook, Apple, Estee Lauder, Fitbit, PayPal, Pinterest, Youtube, Target, Pepsico, Walmart

Blocked BINs across Africa - could this be termed discrimination?

Governments will want to dominate

 

WRT PayPal’s recent support for crypto purchases

They could also be prevented from selling bitcoin or using it to transact

Do you think PayPal's mission is to hodl or to transfer globally cross border?

Imagine the awesomeness of that!

This would put it in the same category as Facebook Pay

 

This is why P2P systems like localbitcoins and Paxful are styling

 

Click here to get paid at the checkout across Africa - https://africanpaymentsolutions.com/products/#footer