PayPal's whole business model outside ebay is they were a replacement for the usual credit card service to make life easy for small businesses to receive payment from customers.
If PayPal was grubbing for money, they would just up their fees and bend people over the barrel. It would suck. But a hard cancel like this is high suspicious. Its going to cause PP to lose a lot of money, IMO.
Only think I can think of is they are running SCARED from Biden's new IRS, since there are quite a few tax issues to deal with when taking payment directly from foreigners.
Of course this is TERRIBLE for US-based small businesses since it means they cannot sell outside the USA via payment services, but not like Lord-Bitem gives a fuck about Americans, he needs to scrape MORE taxes so he can send a 2nd $trillion to Ukraine to be laundered by Soros.
Why would they do this?
PayPal's whole business model outside ebay is they were a replacement for the usual credit card service to make life easy for small businesses to receive payment from customers.
If PayPal was grubbing for money, they would just up their fees and bend people over the barrel. It would suck. But a hard cancel like this is high suspicious. Its going to cause PP to lose a lot of money, IMO.
Only think I can think of is they are running SCARED from Biden's new IRS, since there are quite a few tax issues to deal with when taking payment directly from foreigners.
Of course this is TERRIBLE for US-based small businesses since it means they cannot sell outside the USA via payment services, but not like Lord-Bitem gives a fuck about Americans, he needs to scrape MORE taxes so he can send a 2nd $trillion to Ukraine to be laundered by Soros.
This is kind of my thinking when I first saw this. Although perhaps there's some new legistation / EO affecting this that we don't realize is.