PayPal To Halt Services in Puerto Rico

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#1 Sat, Sep 5, 2015 - 3:54pm
Smaulgld
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hampton, NH
Joined: Jun 24, 2013
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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.

https://smaulgld.com/pay-pal-pulls-out-of-puerto-rico/

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