I am in the process of developing a number of websites. Two of them are about to be launched but one of the main problems at the moment is that to cover the cost of the development there needs to be a subscriber section. A section with some extras for if you want to really make use of all the features of the website.
Even though it is for very small amounts a payment system is needed. I have gone through the Internet trying to find an affordable payment system to implement. Unfortunately for some strange reason South Africans cannot receive payments through the world’s largest online payment system, Paypal. I have contacted them and asked why this is not possible. They assured me that they would love to add South Africa to their system but it has to do with laws and procedures in South Africa.
I do know that there are many tax implications etc, but all I want to do is accept payments through my websites! I found some local systems but the cost to implement them is enormous. I could not believe it. You really need to overcharge your customers to be able to afford taking their money.
I have a huge problem with this because this is actually slowing down the development and expansion of e-commerce in South Africa. Buying with Paypal is no problem; you can just register and make a payment. The way I see it this causes money to flow out of South Africa – rather than getting money into South Africa.
If companies are allowed to use the world’s largest payment system to accept payments for services online I am sure it will have a huge impact on South African companies. If someone could send me a reason we are left behind please let me know.