Paypal Disables Payments Between Taiwanese Users, Bitcoin To Take its Place?

Paypal Disables Payments Between Taiwanese Users, Bitcoin To Take its Place?

PayPal, one of the world’s leading online payment services, is making some very awkward decisions as of late. Ever since the payment processor separated from parent company eBay, PayPal has been announcing dubious changes. The latest of those changes focuses on Taiwan, where PayPal users will not be able to use a Taiwanese account to send funds to other Taiwanese Paypal users. Starting on September 21st. 2015, Taiwanese Paypal users will be facing a drastic change in the way they send and receive money online. According to a recent Paypal announcement, the company will prohibit domestic....


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Quotes

I think it’s rat poison.

Charlie Munger, Vice Chairman of Berkshire Hathaway