PayPal Stops Domestic Payments in Taiwan

PayPal Stops Domestic Payments in Taiwan

PayPal, the world's primary method of online payment as just announced it was stopping online domestic payments in Taiwan. Today the online payment company issued a notice to its Taiwan customers announcing it was stopping domestic transactions in the Island. The company argued that this decision was made to comply with local laws and regulations. PayPal announcement stated: "Dear customers, We'll be streamlining our services in Taiwan, and our system will be enhanced to ensure that domestic commercial payments will not be processed, in compliance with local laws and regulations. These....


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