PayPal Limits Services In Japan | Ramblings of an e-trader

Thursday, 1 April 2010

PayPal Limits Services In Japan

This is certainly bad news for personal users of PayPal Japan. Due to new country financial regulations, effective 31st March, 2010, users with a Japan registered PayPal account will not be able to send funds using the SEND MONEY function for non-commercial transactions. Personal payments from other countries to Japanese users will continue and so will commercial payments like purchasing goods online.

PayPal said that they will try their best to comply with the new regulations and restore services as soon as possible but like what happened in India, it is not going to be easy. Let's just hope that this disease isn't going to spread to more countries!

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