One of the largest e-wallet & e-currency payment service providers in the world are closing their doors in Turkey because of government licensing issues!
This is a very bad day for Turkey and their people because it will limit them from buying and doing business internationally. There are thousands of small businesses and persons depending on PayPal and this will actually harm all these businesses.
What should these users of PayPal do now they have not many alternatives other than finding paypals competitors like Skrill, Neteller and similar services.
Other alternatives these people may have are to incorporate for instant in Cyprus or any other EU country to then open an PayPal account for their business or personal use. It is a hard strike in the face for these people and business to be restricted like that.
Read more at PayPals website Online Ödeme Yapın ve Para Gönderin - PayPal Türkiye
On 30th May 2016, Paypal announced that the company will stop its operations in Turkey in effective from 6th June 2016. (In a week!)
This is a very bad day for Turkey and their people because it will limit them from buying and doing business internationally. There are thousands of small businesses and persons depending on PayPal and this will actually harm all these businesses.
What should these users of PayPal do now they have not many alternatives other than finding paypals competitors like Skrill, Neteller and similar services.
Other alternatives these people may have are to incorporate for instant in Cyprus or any other EU country to then open an PayPal account for their business or personal use. It is a hard strike in the face for these people and business to be restricted like that.
Read more at PayPals website Online Ödeme Yapın ve Para Gönderin - PayPal Türkiye