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September 18, 2012 08:05 am

Paypal Users In Argentina Can No Longer Make Domestic Transactions


another random user writes with this excerpt from the BBC: "The online payment service said that from 9 October: 'Argentina resident Paypal-users may only send and receive international payments.'Last year the Argentine government announced restrictions on the purchase of U.S. dollars.It has led to an increase in currency sales on the black market — but Paypal's exchange rates are better.Locals were setting up two accounts under different email addresses and transferring money between the two, exchanging local currency pesos for dollars in the process."

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/134YyDvPkUw/paypal-users-in-argentina-can-no-longer-make-domestic-transactions

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