I recently found out that my country is now supported as a Google Wallet merchant. I have no idea when this was made available but after I read about an article regarding Google Wallet I tried to check my developer console to see if my country is now supported.
Luckily, now it is. Hence I have made both free and paid versions of my app DroidGOX Card Games and Phivolcs Earthquake Alerts.
The difference for now is that there are no ads in the paid version.