GroveHillWanderer wrote: ↑Fri Dec 17, 2021 10:08 am
buksida wrote: ↑Wed Dec 15, 2021 10:49 am
So if I read this right, only companies will be able to use PayPal in Thailand.
That's not what it means. As it says, only registered companies can
receive payments or hold a balance. Individuals can still use it to pay for stuff.
I have only ever used PayPal to pay for stuff (with my PayPal account linked to my debit card). I've never received money or kept a balance with them so for me (and anyone else like me) nothing changes.
This is what changes:
Your PayPal account will be limited from March 7, 2022.
We recently contacted you about some upcoming changes to your PayPal account, which relate to the relaunch of our services in Thailand.
Those changes will no longer go ahead as planned, as we need more time to prepare our new services.
Unfortunately, we will be required to limit most of the functionality in your PayPal account in the meantime.
What happens next?
From March 7, 2022, the functionality in your PayPal account will be limited. You will not be able to send or receive money using your PayPal account. However, you may continue to withdraw money from your PayPal account to your bank account.
You can continue to pay at checkout as a guest using a debit or credit card.
What do you need to do?
The account limitation will take effect on March 7, 2022. Until then, you may continue to use your PayPal account as normal.
You should spend or withdraw any remaining balance to your linked bank account. If you have not linked a bank account yet, you can find a guide on our website.
We will contact you again once we are ready to proceed with the relaunch of the new services with PayPal Thailand.
We understand that this news may disappoint you, and for this we sincerely apologize. We are working closely with the relevant authorities in Thailand to accelerate our relaunch of the new services and minimize any further disruption.
More information on the relaunch of our services in Thailand can be found on our website.
Thank you for being a PayPal customer.