Paypal is a form of internet banking or an international e-commerce business, that allows payment andmoney transfers to be easily made through the internet. In other words, with paypal service, you can pay, easily send money (Both foriegn and local transfer), and accept payments without exposing your finiacial details. It's also known as the most secured internet banking business that enables you pay with flexibility (through the use of debits and credits card), and it's transaction means is the fastest.Lately, there was a controversy about the restriction of the Nigerians from using paypal. Most Nigerians (Especially tech bloggers) did signed a petition against that controversy at this page, and now, we are happy to inform you guys that the paypal internet banking is now avaliable in Nigeria.... www.guruswizard.com/2014/06/paypal-internet-banking-now-in-nigeria.html