PayPal reaches 1 million active users in South Africa

By TechLoy Reporter

PayPal has revealed that over a million South African consumers now have active PayPal accounts across the country, thanks to a deal signed with SA’s First National Bank four years ago, reports ITNewsAfrica. The payment company now has over 152 million active accounts in 203 markets around the world.

Leading telecommunications operator, MTN is set to debut its first branded Android smartphone – Sm@rt Mini S620 — which runs Android 4.2 OS and powered by a 1Ghz processor,
GearLoy has exclusively learnt. The dual-SIM device would spot a 3.5-inch screen, 4GB internal memory, 512RAM, microSD expandable up to 32GB and 1,300mAH battery.

The Sm@rt Mini S620 would also come with a front and rear camera, although details on its spec are not yet confirmed. The device also features support for HSPA+/WiFi/Bluetooth/USB functionality with FM Radio support and apps like BBM come pre-installed.

 It is unclear if MTN would also provide support for WhatsApp and other OTT services. The smartphone is expected to launch by July 2014 and would be sold for about N8,000 (about $50).