paypal - www.paypal.com

[Decub]

I don't think so, they have options for other users too but it seems if you in US and sending money to US to, it is free unless you are paying for goods or services. I know of some who do buy online using PayPal but are neither residents nor citizens of USA.

 

[sindarin]

This Payment Processor is one of the best Payment Processors online, because it has many Advance features which can make users to have a mazimum useage with it then most other Payment Processors, though Payza is competitor . But currently, that is the likely only option for the US in terms of doing online transactions. Only if they can start serving the World too.

Please make some searching before you make a post dude, i considered yours is uninformative or mislead one, If you want to look which country that accepted by Paypal you can look this link: https://www.paypal.com/webapps/mpp/country-worldwide .

Also right now paypal is not only accept US(actually even before too), there are a lot of countries that accepted by Paypal.

 

[anosocialnet]

@Decub All other payment processors are not accepting US nowadays, so this is only a payment processor more comfortable with them. And they are sending money for free to them selves is because they payment processor is from US.
@sindarin

But currently, that is the likely only option for the US in terms of doing online transactions.

That is to say, Payza, Webmoney, PM etc are NO longer accepting US.

Only if they can start serving the World too.

I like if Paypal will start serving the world.

 

[sindarin]

@Decub All other payment processors are not accepting US nowadays, so this is only a payment processor more comfortable with them. And they are sending money for free to them selves is because they payment processor is from US.
@sindarin
That is to say, Payza, Webmoney, PM etc are NO longer accepting US.

I like if Paypal will start serving the world.

Huh? do you check my link above? and it seems you mumbling something without know what do you talking about aside from Payapal there is Skrill which accept US and right now paypal accept a lot of countries aside from US even there are more than 5 countries from Africa too.

 

[Decub]

Well, PayPal accept so many African countries and those that are not accepted is less than 20% of countries in Africa because I know they accept more than 40 countries. However why it sounds as if it's basically an average US residents choice is that no matter how others may run away from US residents, PayPal never will because it's theirs.

 

[anosocialnet]

Yep, even if other payment processor run away from US, they still remain with with them, because US is their origin, cool. South-Africa has a Paypal too, but what is the issue is that, you can not withdraw through Bank, expect through one Bank which is partner with Paypal. But the Bank said that for someone to withdraw through them ... can be made with the minimum of 10,000 dollars. Imagine that !!!

 

[sindarin]

What? 10,000 dollars? that is so mean dude, it seems that bank only want to take advantages from paypal users, in my country even with $10 you already got what you have, and without any single fees.

 

[Decub]

@anosocialnet, that's weird if you ask me. 1 US dollar is equal to 10.3.... South African Rand. So that means that before you cash out to your bank, you're gonna need some R100,000+ as the amount you've got in the bank. It's outrageous to me.

 

[sindarin]

@Decub: i also have the same thing, it seems that many bank in that country which partnered in paypal only want to take advantages from the users of paypal, $100 maybe is fine but this is more than.

 

[Decub]

And that may be the reason why PayPal doesn't partner with some countries due to their financial laws. Because if you look at this critically, it paints another image to the mind of an average South African who would want to transact using PayPal.

 

[anosocialnet]

I wonder if that is the only Bank South Africa is using to catch fund from Paypal ... men is too high. I was sent or referred to the Bank by Paypal, and the Bank is FNB, and that is were they sent me those infos about how they operate, after i contacted them, and they fee is 1.5% which is OK, but they minimum withdrawal is were the problem lies....$10,000

 

[Pettyeve]

This is the first time I'm hearing this type of thing about paypal. So unless the person has an account with the bank, he or she will not be able to do anything with paypal. Although pp does not register people from Nigeria, I know that they used to encourage people to withdraw to their bank account because they will reduce the fee.

 

[sindarin]

This is the first time I'm hearing this type of thing about paypal. So unless the person has an account with the bank, he or she will not be able to do anything with paypal. Although pp does not register people from Nigeria, I know that they used to encourage people to withdraw to their bank account because they will reduce the fee.

Even in my country indonesia i don't have any single fees like that, everything is free for withdrawal, so the amount that you got is the amount that you withdraw, but this is only apply for above $150, but with lower amount the fee only $1.6

 

[Decub]

Which is still a fair value. Well, I guess there's a misconceptions somewhere, perhaps, there's something we ain't getting right. If it's just one bank that is tied to it, then a kind of monopoly will definitely take the lead.

 

[sindarin]

Which is still a fair value. Well, I guess there's a misconceptions somewhere, perhaps, there's something we ain't getting right. If it's just one bank that is tied to it, then a kind of monopoly will definitely take the lead.

What i think right now maybe that is the reulst that come from that country itself, just like India which not allow their users to withdraw or evne hold their money in paypal for some time, because that is why autowithdrawal exist forIndian Users and the same thing happened to South Africa

 

[Decub]

Well, I would say that's a harsh one on the citizens who might want to be using it. At least, that of India is understandable that the country is trying to minimize money laundering external payment storage mechanisms, that of Luxembourg and Australia are understandable too to give them a banking license.

 

[sindarin]

This is complex issue but i am still sure this is one of the most comfortable way for trader or people who earn money from forex or online business, they can grab quite good amount of bucks even with small fee for transfer but for me that is more than enough. Overall Paypal already more than just payment processor but more like Online Banks

 

[anosocialnet]

Yep, they are more than Payment processor, really! But Um... i think that you remind me of Indian paypal. Why is Paypal been stricted that way, so Indians can not freely use Paypal to their test, i mean keep they fund for so long on it?

 

[Decub]

@sindarin, sure, saying PayPal is an online bank wouldn't be an overstatement because they have proven that in so many of their services.
@anosocialnet, I am not sure if it's really PayPal that may have initiated that move on their own. Guess it has a lot to do with Indian government and the financial or fund transfer policy.

 

[anosocialnet]

So that means that Indian gov. has some thing to do with Paypal payment processor, i think that Paypal is self controlled and not to be controlled by any other governmental body but have to be govern by Paypal's Admin and that is also why they might be selective in terms of countries to deal with. Well you might be right, meanwhile i will still have time to check more, thanks for that and happy New Year?