Last night was announced officially the agreement between the Dominican Banco Popular and PayPal. Banco Popular is the biggest bank in DR and PayPal is the online payment leader, it was announced in the Hotel JW Marriott with invitations for the press and people related to technology, business and development in Santo Domingo, DR.
The agreement whose target is promoting competitiveness among Dominican SMEs, which can now withdraw payments received in their PayPal account due to online business or others, to their account in the Dominican Banco Popular.
The partnership is the first that PayPal did in Dominican Republic with a bank, it brings to SMEs and other Dominican companies a great opportunity to make online business not only with Dominicans, if not with consumers around the world. PayPal is a well know company in the world and now those dominican companies can setup PayPal as their payment gateway in their website for sell good and services without the typical afraid that the users feel to make online payments.
Feel free to contact us through our contact form or our email firstname.lastname@example.org for enquiry about this agreement and how it can support your business.