This country is finished mahn. We all need to gather round and mob Emefiele, he’s the reason things like this are happening. Word on the streets is that this action was taken due to ‘G Boys’ doing all sorts with paypal, but this is madness, thousands of dollars get stolen abroad daily from credit card fraud but that doesn’t warrant their banks blocking their access to international transactions.
Its a terrible situation we have found ourselves in honestly, and I think Mastercard and Visa need to withdraw Nigerian banks of their license to have payments through them, so we know its only Verve we can use in this living hell of a country. And God forbid I have to buy dollars from Aboki at the surreal rate of 520, God forbid.
Sometimes I think we should just auction Nigeria for sale on Ebay or something, this is madness.
A little bit of hope though, GTB Naira mastercard actually still works in other places, that is asides Paypal, and any merchant using DCC. I bought an amazon gift card of $10, 2 hours ago and it was successful. But a lot of merchants trust paypal with their payments so its going to be really hard making payments with Paypal now.