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Nigerians who are keen on doing internet online business face the problem of e-payment solution. Reason being that most electronic payment companies do not want to transact business with Nigerians. Whether this decision is justifiable or not is not the concern of this article. However, if you are a Nigerian doing online transaction these online payment systems will be of great importance to you. Here are the reviews of some of the e-payment systems that you can use to either make your purchases or receive payment:
(i)Liberty Reserve:Liberty Reserve (LR) is a digital currency owned by a registered company based in Costa Rica. It is like other e-payment systems like Paypal, perfect money, Vmoney, Pecunix, E-bullion, etc. One feature of Liberty Reserve is that once payment is made it is not reversible. That is to say that once payment is made to anyone anywhere in the world, it cannot be reject or cancelled, “no repudiation policy”. This 100% irrevocability policy of Liberty Reserve contrasts with other e-currencies like Paypal. One interesting thing about liberty reserve is that opening account is 100% free. One can open an account anytime, anywhere with no rejection of some rejoins, like Paypal would restrict Nigerians, etc.
Liberty Reserve Account is 100% Free.