PayPal terminate payments service in Malaysia
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 May 29 2013, 01:06 PM
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#1
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Junior Member
46 posts Joined: Dec 2011 
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Not paypal's fault. This is Malaysian government involvement, just like in SIngapore.
They want to be able to track all financial exchanges. They can't if you pay each other through paypal. Government/Bank Negara wants to know every transaction. To prevent tax evasion issues. |
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May 29 2013, 01:10 PM
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#2
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Junior Member
46 posts Joined: Dec 2011
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Yes can still buy things using paypal, just did it yesterday.
The key is personal payment, notorious tool for money laundering and tax evasion. |
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