Economy April 14, 2015 - 7:59 am

Biggest Dominican bank, PayPal pact account services

Santo Domingo.- Banco Popular, Dominican Republic’s biggest bank and online payment leader PayPal on Monday announced an agreement aimed at promoting competitiveness among Dominican SMEs, which can now withdraw payments received in their PayPal account.

The partnership, the first in the country between a bank and the online payment service, brings SMEs and other Dominican companies closer to consumers around the world, with a cheap, simple and secure mechanism to directly deposit in a Popular account in pesos or dollars, the funds obtained through the PayPal platform.

Until now Dominican users in the country had to have a US bank account to make international transfers and withdraw funds from PayPal.

COVID-19

November 19, 2024 - 4:44 pm

Danilo Díaz criticizes immigration policy following hospital incident in Santo Domingo

November 19, 2024 - 12:17 pm

CEMDOE promotes excellence in care with its 1st International Quality and Patient Safety Forum

November 18, 2024 - 1:52 pm

Haitian couple attacks medical staff at Darío Contreras Hospital

November 16, 2024 - 8:10 am

Surgeons review the most advanced techniques in operating rooms

MOST READ

Tourism

Super 8 hotels set to expand rapidly across Dominican Republic

Economy

Haiti ranks third in remittances to Dominican Republic

Local

Pro Consumidor suspends Worldcoin Foundation for abusive contracts and data violations

Health

Health Cabinet and Ministry affirm commitment to dialogue with Medical Association

MORE NEWS

Bavaro & Punta Cana

Meliá and Rafael Nadal to open Zel Punta Cana on December 12

Economy

Government dissolves FODEARTE to enhance efficiency in Public Administration

Local

Fuerza del Pueblo opposes maritime agreement with the Netherlands

Local

US Embassy issues Security Alert for Dominican-Haitian border