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PayPal To Halt Services in Puerto Rico

1 post / 0 new
#1 Sat, Sep 5, 2015 - 3:54pm
hampton, NH
Joined: Jun 24, 2013

PayPal To Halt Services in Puerto Rico

Paypal announced to its U.S. customers via email today that it is ending its Puerto Rican service. The message read in part: “Person to person payments will not be made available for payments sent from Puerto Rico”

The move was prompted by a 2% transaction tax instituted by the Puerto Rican government- a form of soft capital control.


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