14 Sep '12, 4am

No Paypal between Argentinians that's a very odd bit of policy indeed. Bitcoin implications?

No Paypal between Argentinians that's a very odd bit of policy indeed. Bitcoin implications?

As of October 9th, Argentine residents won’t be able to use PayPal to transfer funds between them. This is the announced result of a recent change to the company’s user agreement. According to the amendment , to be enforced next month, “Argentina Resident PayPal Users may only send and receive international payments. Domestic payments between two Argentina Resident PayPal Users is unavailable.” It is important to note that this measure will affect both individuals and other entities that may be using the service, according to PayPal’s definition of a “user.” While a PayPal spokesperson insists that “a vast majority of the customers [it serves] in Argentina will not be affected by this change,” many local users beg to disagree. As a matter of fact, it could have a negative impact on local e-commerce businesses that use PayPal for their transactions. According to Workana ‘s ...

Full article: http://thenextweb.com/la/2012/09/13/paypal-set-suspend-do...

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PayPal set to suspend domestic transactions in ...

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