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PayPal pulls personal payments out of Puerto Rico

Posted by DomainGang on September 14, 2015, at 2:34 pm

For any country undergoing capital controls, the implemented measures aren’t fun for the local economy. PayPal has now effectively pulled out of Puerto Rico, terminating its services in the unincorporated U.S. territory, as far as personal payments are concerned. According to an update to its Policies, PayPal states the following: “Person to person payments will […]

Filed under Domain News · Tagged with Domains, PayPal Puerto Rico, PayPal.com, Paypal, Puerto Rico, capital controls

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